Page 394 - Industry News

Indian carriers soar on international routes but foreign rivals lead

On the popular India-Singapore route, Singapore Airlines and its subsidiary Scoot remain dominant despite competition from IndiGo, Air India (A-I), A-I Express, and Vistara

Govt announces steps to resolve shipping related problems of traders

Briefing media after deliberations, Industry Minister Piyush Goyal said that several issues were discussed to look at addressing challenges that exporters and importers are facing in the shipping area

FMCG CEOs raise concerns over GST, ease of doing biz at World Food India

Executives discussed range of issues with ministers at World Food India event

Health schemes face hurdle in Punjab as pvt centres stop cashless treatment

The hospital body PHANA claimed that it took the step due to unresolved payments of approximately Rs 600 crore owed by the state government, pending for the last six months

Food processing ministry to take up concern on GST with Council: Paswan

There were open interactions between the industry representatives and the government officials to understand challenges faced by the industry and the suggestions they have on those issues

Cement dealer network expansion slows down as non-trade demand rises

Three of the top-five cement makers saw their dealer count fall in FY24

Amit Shah launches 'White Revolution 2.0' to boost Indian dairy sector

Under White Revolution 2.0, the government aims to increase milk procurement by dairy cooperative societies by 50 per cent over the next five years

Readymade garment exports rise 12% in Aug despite global challenges

Apparel Export Promotion Council Chair Sudhir Sekhri said that exports are keeping growth momentum despite global headwinds, persisting Red Sea crisis and other challenges such as high logistic costs

Work on 12 industrial smart cities to kick off this year; 4 to be completed

In August, the Union Cabinet approved the creation of 12 industrial zones, strategically positioned across 10 states and planned along six major corridors

One startup per district: Digital portal BHASKAR launched to push growth

Union Minister Piyush Goyal launched the BHASKAR portal to connect startups, investors, and service providers, a move aimed at pushing the Centre's efforts to promote the startup sector

NPCI considers easing UPI market share cap amid enforcement challenges

NPCI is considering increasing the allowable market share to over 40% from the previously proposed 30% cap

US Fed rate cut unlikely to impact foreign inflows to India: DEA secretary

The US Federal Open Market Committee on Wednesday reduced the lending rate to 4.75-5.00 per cent from 5.25-5.50 per cent, a larger than expected cut

EY employee death: TMC MP to raise 'toxic work culture' issue in Parliament

Highlighting the condition of employees in private firms across India, TMC MP Saket Gokhale has called for an urgent investigation into the working conditions at EY

Ecommerce festive sales to reach $12 billion, quick commerce gains ground

Quick commerce, the burgeoning segment that promises rapid deliveries, is set to contribute $1 billion in gross merchandise value (GMV) to the festive sales

Apple, mobile devices charge up 22% growth in electronics exports

Apple's contribution to electronics exports has grown steadily over the years

CCI can appoint agencies to monitor implementation of its orders

Section 48A and 48B relate to commitment and settlement, respectively. Section 31 refers to orders on mergers and acquisitions

IT staffers' FY25 average salary hikes likely to be 5.5-8%, say experts

Experts say top performers may continue to see increases ranging from 12-18%

Penetration of electric vehicles growing across segments in auto industry

Tata Motors reported a penetration of 12.05 per cent, down from 12.61 per cent last year, while JSW-MG Motors surged to 33.77 per cent, up from 23.75 per cent

Fast food delivery saves time but costs consumers Rs 9K-11K crore annually

A report reveals that food aggregators' pricing models include small, seemingly negligible fees, which can add up significantly, affecting consumers' wallets without immediate notice

Trai excludes OTTs like WhatsApp, Telegram from licensing regime overhaul

Three broad categories of telecommunication service authorisations proposed in move to streamline rules