Page 364 - Industry News

JNPA records nearly 12% rise in Oct container traffic to 614,651 TEUs

In the previous month, it handled 7.62 million tonnes of total cargo, 2.26 per cent more compared to the total cargo handled in October 2023

Pralhad Joshi stresses on increasing solar projects efficiency, reduce cost

Union Minister Pralhad Joshi on Tuesday stressed increasing the efficiency of solar projects, reducing cost and developing energy storage solutions.

4.8 million weddings this year to generate over Rs 6 trillion: Cait

Last year, 3.8 million weddings in India between November-December generated around Rs 4.74 trillion

Oil prices trade in tight range ahead of US Presidential poll result

Brent crude futures ticked up 16 cents, or 0.2 per cent, to $75.24 a barrel by 0841 GMT, while US West Texas Intermediate crude was at $71.65 a barrel, up 18 cents, or 0.3 per cent

Airtel pushes DoT for non-discriminatory waiver in telecom sector reforms

Airtel has urged the Department of Telecommunications to ensure that the proposed waiver on spectrum bank guarantees applies uniformly across all telecom operators, regardless of financial health

Ethanol prices must rise promptly to save sugar mills, ISMA sounds alarm

Delays in the crushing season, which is impacting key states like Maharashtra and Karnataka, are contributing to the drop in sugar prices, says ISMA president

DGTR recommends anti-dumping duty on PVC resins of about $339 per tonne

The DGTR conducted the probe following applications regarding the same from domestic players, including DCM Shriram and DCW Limited

Uttar Pradesh government partners NTPC to float solar power plants

The state has already received new and renewable energy investment proposals of ~7 trillion, of which ~57,000 crore worth of projects came under the UP State Bio-Energy Policy 2022

Ambattur's evolution: Once a manufacturing hub, now a data centre hotspot

In 2024, the clang of metals colliding and the scent of welding fire and chemicals greet visitors to Ambattur - a 45-minute drive from Chennai city

In-flight passengers can access WiFi only when allowed, say new rules

The newly notified rule will be called Flight and Maritime Connectivity (Amendment) Rules, 2024

Subsidies to oil & gas sector reduce 85% to $3.5 bn in 10 years: MNRE

Since 2010, India has steadily reformed its fossil fuel subsidies, adopting a "remove, target, and shift" approach, the Ministry of New and Renewable Energy (MNRE) said

BFSI sector leasing projected to be over 11 mn square feet in 2024: JLL

As per JLL, BFSI sector is emerging as the second-largest office space occupier in India, following the information technology (IT) and IT-enabled services (ITeS)

Air purifier sales spike over 50% as air quality worsens in Delhi-NCR

Companies, including Kent RO Systems, Xiaomi, and LG Electronics India, said that air purifiers sales grew up to 50 per cent as the Air Quality Index (AQI) of Delhi reached to an alarming level

Rajasthan govt steps up efforts to attract investment in mining sector

RIPS 2024 and proposed policy changes announced in the state Budget aim to revitalise the sector, the official added

Demand for design professionals in semiconductor GCCs dips in Q2: Report

Semiconductor design global capability centres (GCC) account for approximately 4 per cent of India's total GCCs, with a growth rate of about 7 per cent in the last two decades

US firm Alkomex expands R&D ops in India; ropes in expert Sanjay Agrawal

Agrawal will be based in Ahmedabad and will spearhead the US firm's research and strategic initiatives, it said, adding that he will guide the company's R&D efforts and integrate Indian research

Chhath Puja 2024: CAIT estimates Rs 12,000 cr nationwide trade on festival

The surge in Chhath Puja demand for handmade goods and festive clothing boosts job opportunities and supports cottage industries, energising India's local economies

Incentives in offing as industrial policy comes into effect in Chhattisgarh

The New Industrial Development Policy 2024-29, which came into effect from November 1, will be the sixth after the state came into existence on November 1, 2000. It will exist till October 31, 2030

TechEagle launches eight drone hubs with healthcare partners across India

With a targeted reach of over 200 locations across Assam, Uttarakhand, and Himachal Pradesh and others in the coming year, this initiative (of setting up dedicated hubs) will be a game changer

Oil buyers, producers dialogue needed for market stability: Hardeep Puri

He said technological changes such as green hydrogen and the transition to cleaner energy will change the global oil demand landscape in five years