Page 396 - Industry News

Centre's support to help attain $1 bn exports of alcoholic beverages: CIABC

Easy and timely permissions for bottling and branding; transport permits; and promoting online paperwork are some of the areas which need special attention for the growth of the sector

India in talks to tackle rising steel imports: Steel minister Kumaraswamy

Earlier in the month, Steel Minister Kumaraswamy had said his ministry will try to convince the finance ministry to raise tariffs on steel imports

Revised norms: CCI can appoint agencies to monitor implementation of orders

The Competition Commission of India (General) Regulations, 2024 were notified on Tuesday

India will contribute to 35% of global energy demand in 2 decades: Puri

The event, themed 'Transforming Energy Through Vision, Innovation, and Action,' brought into focus a need for global energy stability and rapid decarbonisation

Govt slashes windfall tax on petroleum crude to nil effective Sep 18

The Indian government reviews the windfall tax every fortnight, and the cut comes after a significant decline in crude prices

FY24 dividend income: Promoters and top business families beat govt

The government's dividend was, however, up 35 per cent year-on-year in FY24 from Rs 61,409 crore a year ago

Petroleum product exports shrink 14% in August as global demand cools

Exports in this category have decreased by nearly 3 per cent to 18.1 mt in the first five months of 2024-25, largely due to sluggish diesel exports

India's exports shrink 9.3% in August, trade deficit at 10-month high

Shipments to China fall 22.4%, while imports jump 15.5% to $10.8 bn

Modi 3.0 100 days: Commerce ministry takes steps to support MSME exporters

Briefing the media, Commerce Secretary Sunil Barthwal said that in the first 100 days, the ministry held meetings with exporters to understand their problems and find ways to resolve those issues

Govt asks oil firms not to hike retail prices, 3 MT of edible oil available

Last week, the Centre implemented an increase in the basic customs duty on various edible oils to support domestic oilseed prices

India, UK may hold next round of talks on proposed trade agreement in Oct

The two sides have already taken stock of the progress of talks at secretary and minister levels

Global oil importance wanes, but it remains key to India's economic growth

India may contribute around 8% to global GDP growth in 2024 while accounting for over 22%of global oil demand growth

Delhi, Mumbai airports emerge as key international hubs for LCCs

At both Indian airports, IndiGo reigns supreme. In Delhi, it accounts for 31 per cent of the 21,781 international connections, covering over 156 destinations

'Electronics production must grow at 22% to hit $500 billion target'

In FY 2024, the total electronics production stood at $115 billion

Govt gives nod to NPCIL-NTPC JV for building nuclear plants in Rajasthan

With this approval, ASHVINI has been authorized to build, own and operate nuclear power plants in India in accordance with the existing legal framework, the statement from NPCIL said

Centre asks platform aggregators to register workers on e-Shram portal

The e-Shram portal serves as a nationwide database of unorganised workers, designed to provide them with access to social security and welfare schemes

FM reviews Railway Ministry's capex plan, asks to expedite 'Kavach' system

MoR officials informed the Minister that Kavach-related works are currently in progress in over 3000RKm (route km) on the Delhi-Howrah and Delhi-Mumbai sections

Labour ministry to move Cabinet note on ELI schemes, says Mandaviya

The ELI Scheme aims to create over 2 crore jobs in the country in a period of 2 years which will significantly contribute to increasing employment opportunities and enhancing livelihood

India should come up with bio-plastics policy with govt support: Report

To establish India as a premier hub for production of bio-plastics, the report calls for comprehensive National Bio-Plastics Policy in India

Experts cite logistical, Red Sea crisis as issues impacting India's exports

The yearlong ongoing disruptions have forced shipping routes to take longer paths around the Horn of Africa and the Cape of Good Hope, rendering exports to Europe less viable