Page 351 - Industry News

Hope govt brings down tax burden on aerated beverages category: IBA

Currently, aerated beverages, regardless of their sugar content, attract a 28 per cent GST-the highest slab-along with a compensation cess of 12 per cent

Chai, croissants & samosas: India's snack evolution blends old & new

India's snack scene is evolving rapidly, blending timeless favourites with new flavours. From Mumbai's samosas with garlic bread to Bangalore's adrak chai, it's a remix of traditions

India's success in capturing 'China-Plus-One strategy' limited: NITI report

It said that India is seen as an attractive destination for companies looking to shift their bases out of China and this shift offers the country a chance to enhance its manufacturing capabilities

About Rs 15 trn required for adding power generation capacity in 2022-27

The projections of total capacity addition are in line with the target of the country to achieve a non-fossil based installed capacity

Indian steel mills struggle as cheap Chinese imports flood the market

At small and medium-sized mills, which account for 41 per cent of India's total steel output and employ more than 1.5 million people, capacity utilisation has dropped by nearly a third over the past

Housing shortage to reach 31.2 mn units by 2030: CII-Knight Frank report

The affordable housing segment also could provide a lot of opportunities for financial institutions

Family businesses key for India's $5 trillion economy: Jitendra Singh

Family businesses are the backbone of India's economy, contributing more than 70 per cent to the GDP and employing a significant portion of the workforce, he said

Rajya Sabha passes bill to boost investment in oil and gas exploration

Aims to de-link petroleum operations from mining, renewable projects at oilfields

White collar hiring rises by 2% in Nov driven by non-IT sector: Report

Naukri JobSpeak Index, an indicator of white-collar hiring activity, reported modest trends in November, coming in at 2,430 points, reporting a 2 per cent year-on-year growth

Steady course: Year-end travel plans not hit yet as airfares remain stable

The fares were considered for tickets booked 30 days in advance. Goa remains one of India's most popular destinations for Christmas and New Year celebrations

Pushpa 2: The Rule likely to become India's biggest box office hit

Cinema exhibitors told Business Standard that the movie will first be released in 2D, meaning Allu Arjun's fans will have to wait for the 3D version

No more forever? Lab-grown diamonds pose serious challenge to natural ones

Suddenly, the legendary advertising line - a diamond is forever - is losing its shine. Worse, the prices of natural diamonds are declining

India nearing self-reliance in strategic navigation with NavIC: In-SPACe

For civilian uses, too, where the stakes are not as high as in strategic applications, Goenka stressed the importance of avoiding dependency on foreign systems that could leave India vulnerable

Electronics component manufacturers eye govt support in Budget 2025

Electronics manufacturers hope for a production-linked incentive scheme in the upcoming Budget, while the government hopes production can move to Tier II towns to generate jobs

Wedding season sparks 2-wheeler boom but passenger vehicles hit the brakes

As passenger vehicle retail sales slowed in November, companies are anticipated to maintain high discount levels to attract buyers

Festivals lift India's edible oil imports to four-month high in Nov

Palm oil imports edged 0.5 per cent higher in November from the previous month to 850,000 metric tons, according to estimates from dealers

Japanese firms eager to set up semiconductor units in India: Deloitte

In July, Japan became the second Quad partner after the US to sign an agreement with India for the joint development of the semiconductor ecosystem

Domestic air traffic to rise 7-10% to 164-170 million in FY25: ICRA

Icra maintained a 'stable' outlook on the Indian aviation industry, amidst continued growth in domestic and international air passenger traffic

Decoded: How Volkswagen Group 'evaded' paying $1.4 billion in tax in India

Volkswagen bypassed the 35 per cent duty imposed on Completely Knocked-Down (CKD) units by misclassifying components as individual parts, according to Indian tax authorities

Lights, camera, acquisition: Why corporates are betting big on Bollywood?

The Hindi film industry is set for a major shift, driven by rising costs and corporate interest in the entertainment sector. Analysts predict consolidation among production houses in the coming months