Page 35 - Industry News

States can tax high-income diversified agriculture: Montek Singh Ahluwalia

Ahluwalia further said that nothing in the Constitution prevents a state government from devolving resources downward if it chooses, though pressure is often directed at the central government

Shell projects India's gas demand rising over 50% in the next decade

Shell expects demand to continue accelerating, with India's energy consumption projected to surpass that of the US in the 2040s and China in the 2060s

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

RBI allows NUCFDC to privately place shares with over 200 subscribers

RBI has permitted NUCFDC to offer equity shares on a private placement basis to more than 200 persons annually, subject to policy, reporting and usage conditions

CDSCO allows immediate lab testing of drugs to speed up approvals

CDSCO will permit drugmakers to begin testing samples as soon as applications are filed, shifting detailed scrutiny to later stages to shorten approval timelines and ease compliance

Kolkata Port begins first-ever night pilotage to cut vessel turnaround time

Upper Reaches refers to the upstream stretch of a river closer to the inland port, and, in this case, the segment of the Hooghly River between Diamond Harbour and Kolkata

AI may widen inequalities if misused: ex-Niti Aayog CEO Amitabh Kant

Research has shown that to train a large language model (which understand and generate human language by processing vast amounts of data) such as OpenAI's GPT-3

Sebi Working Groups submit agri derivatives review reports to chairman

The expert panels were mandated to examine whether the current framework governing margins, position limits, and delivery and settlement mechanisms could be optimised

Public procurement mandate could unlock 16 MTPA green steel demand: CII

A 26% green steel mandate for public projects could cut emissions sharply while raising total project costs by only 0.2-1.2%, a CII report says

Rajasthan allocates ₹30 crore to promote small entrepreneur exports

Rajasthan govt will provide ₹30 crore in financial support to small entrepreneurs to participate in domestic and international fairs under MSME, Export Promotion, and One District One Product schemes

E20 petrol with RON 95 mandatory from April 1: What it means for your car

From April 1, all petrol pumps will sell E20 fuel with minimum RON 95; the government has kept the option open to grant temporary exemptions

IBBI mandates listing all homebuyers in a firm's information memorandum

IBBI has required information memoranda to include details of all homebuyers, even those who have not filed claims, and introduced reforms to strengthen valuation standards under the IBC

30 industrial, warehousing hotspots emerge amid infra, policy push: Report

Colliers identifies 30 industrial and warehousing hubs -- 8 prime, 12 emerging and 10 nascent -- across India, driven by infrastructure growth, manufacturing expansion and strong policy support

Why Chinese smartphones are facing first-ever demand drop in India

For the first time, demand for Chinese smartphones dropped in India as buyers shift to premium models; rising component costs are also pushing prices higher

CDSCO modifies norms for testing permissions to speed up drug approvals

The circular further stated that this move would shift the focus to faster movement of files while retaining technical scrutiny for later stages

Indian MSME drugmakers likely to focus on Brazil as next growth market

India-Brazil pharma meet highlights Brazil's growing role as a priority market for Indian MSME drugmakers, driven by rising exports, regulatory engagement and demand for specialty medicines

11,790 MHz telecom spectrum available for auction valued at ₹2.1 trn

Sources further said that overall, the spectrum is 19 per cent cheaper than prices recommended in 2022

Listed pvt non-financial firms see first double-digit sales growth in 3 yrs

RBI data shows listed private non-financial firms posted 10.1% growth in Q3FY26 - their first double-digit rise in nearly 3 yrs - driven by a rebound in manufacturing and stronger sectoral performance

Govt to roll out 3-month compliance relief scheme for firms from Apr 15

The scheme, which will be operational from April 15 to July 15, comes after representations from various stakeholders seeking more time for making the filings

India sustains 7-7.5% growth; Bengal should go maritime: EAC's Sanyal

Sanyal also said that West Bengal should reposition itself as a maritime state and consider setting up a large port