Page 36 - Industry News

India sugar output estimate for FY26 cut 5.57% on weak yields in top states

The third advance estimate, released after an executive committee meeting, follows a second projection of 34.35 million tonnes. Output last year was 29.62 million tonnes

CAFE-III proposal sent to PMO after talks with stakeholders: Kumaraswamy

On differences among auto industry stakeholders on the CAFE-III norms, Kumarswamy told reporters, "We already had a meeting with stakeholders and power ministry."

Centre mandates sale of E20 petrol with minimum RON 95 from April 1

The central government can allow exceptions in special situations, for specific regions and for a limited time

No extension on SIM-binding norms, says Telecom Minister Scindia

Telecom Minister Jyotiraditya Scindia says SIM-binding rules for OTT apps will not be extended, citing national security concerns; satellite spectrum pricing decision awaited

Soil health, markets key to agricultural growth: Experts at BS Manthan

Experts at BS Manthan say India can become a global food hub, but must fix soil health, reform fertiliser subsidies and ensure farm growth is more balanced across crops and states

India's auto, renewable sector support compliant with WTO norms: Official

The official said India regrets China's decision to set up a WTO panel despite detailed explanations and good-faith bilateral consultations

Big tech, AI expansion raise competition risks: CCI chief at BS Manthan

Speaking at BS Manthan, CCI Chairperson Ravneet Kaur said while AI offers significant advantages, it also poses risks such as targeted price discrimination

India set to launch its first comprehensive carbon-trading programme

India readies first compliance carbon market, with 490 units notified; steel and fertiliser yet to get targets as CBAM pressure mounts

To trade coders for AI 'Legos', India needs a smarter long-term deal

As India pivots from software services to AI token "factories" with tax breaks for global firms, questions arise over jobs, skills and the future of its $200 billion IT export engine

Norms on investments from China can be eased in calibrated way: Goyal

Piyush Goyal says China-origin FDI is not banned and approvals will be sped up, as India considers a calibrated relaxation of Press Note 3 norms while advancing a broad FTA agenda

AI, trust and faster innovation bets to shape India's pharma future by 2047

At the IPA summit, pharma leaders said India's 2047 ambitions depend on embedding AI, strengthening trust and accelerating innovation, as speed and quality become the sector's defining advantages

India's IT services industry set to touch $315 billion revenue in FY26

Industry headcount rise is the lowest, reflecting non-linear growth

Trai seeks FY27 spectrum auctions, urges DoT to reclaim airwaves under IBC

Trai has recommended FY27 spectrum auctions with lower reserve prices, a 35% spectrum cap, incentives for coverage deployment and retrieval of airwaves from firms under insolvency

AI transition will be painful; IT industry to reinvent: HCLTech CEO

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation

Homegrown players dominate FMCG market value in APAC region: Report

Home-grown FMCG brands now command 79% of APAC market value, signalling a structural shift toward purpose-led, globally competitive local players

Private-funded highway construction model highest priority: Nitin Gadkari

Our budget is ₹3.2 trillion, and I already have an asset base of highways worth ₹12-15 trillion ready to be monetised, says minister

Average pay hike across sectors projected at 9.1 pc in 2026: Survey

Employees across sectors are expected to get a salary hike of 9.1 per cent on average in 2026, slightly higher than the increment of 8.9 per cent received last year, a survey said on Tuesday.

Rajasthan government unveils Homestay Scheme 2026 to boost tourism

New policy eases licensing, raises room limit and aims to boost rural tourism, self-employment and local incomes across the state

AI-led data centre boom lifts power demand in western, southern India

Year-on-year power demand has risen about 3 per cent, led by AI-driven data centres and GCC clusters in southern and western India, signalling higher peak electricity needs in 2026

Centre has no plan to bring back farm laws: Shivraj Chouhan at BS Manthan

At BS Manthan, Shivraj Singh Chouhan said the Centre has no plan to revive farm laws and is preparing a national and crop-wise roadmap to raise output, ensure fair prices and boost farmer incomes