Page 397 - Industry News

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

Road projects awarding declines, competition to remain elevated: ICRA

HAM and EPC will continue to dominate project awards along with an increase in the share of BOT projects in FY 2025

Increase in airfare not linked to rise in airport charges, says ACI

As many as 133 airport operators, operating 624 airports from 47 countries/ territories are members of ACI in APAC & Middle East. Indian airport operators and Airports Authority of India (AAI)

Enhanced credit guarantee coverage to profit 2.7 mn women-led MSMEs: Manjhi

Prior to the approval of the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) Board, women-owned units were entitled to getting 85 per cent credit guarantee coverage

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

Registration on the e-Shram portal is essential for workers to benefit from various social welfare programmes, said Union Ministry of Labour & Employment

EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions

EaseMyTrip has acquired a 30% stake in Rollins International for Rs 60 crore and a 49% stake in Pflege Home Healthcare for Rs 30 crore

70% of employees unhappy at work, 54% looking to quit, finds report

Among various industries, the Fintech sector is ranked as the happiest, with the Real Estate sector emerging as the least satisfied

British fintech Revolut set to enter India in 2025, eyes premium market

Revolut Group Holdings is a global neobank and financial technology company. It has received in-principle approval from the RBI to issue prepaid cards and wallets

Avaada Group plans to invest Rs 5,000 cr in Madhya Pradesh's energy sector

Avaada Group focuses on the development of large-scale projects for solar modules, renewable energy production, green hydrogen

Monsoon dampens diesel sales for retailers in early September, shows data

Fuel demand in India, the world's third-biggest oil importer and consumer, typically falls during the four-month monsoon season beginning in June as parts of the country are affected by heavy floods

Kejriwal holds meeting with AAP's PAC members to elect next Delhi CM

Aam Aadmi Party (AAP) leader Saurabh Bharadwaj said the Political Affairs Committee (PAC) meeting was held at Kejriwal's official residence

Govt introduces strict EC guidelines for violations of battery waste rules

Failure to meet the targets can result in financial penalties, usually called EC, promoting more sustainable waste management and encouraging eco-friendly product design

Crude oil prices stabilise ahead of US Fed interest rate decision

The market is likely to remain cautious until the Federal Reserve makes its interest rate decision on Wednesday, say experts

Govt to launch super app streamlining railway services: Ashwini Vaishnaw

Railways Minister Ashwini Vaishnaw said that more than 5,300 km of railway tracks were laid in 2023, a distance comparable to Switzerland's entire rail network

Indoor amusement centres may occupy 11 mn sq ft space by 2028: Report

The entertainment category is increasingly being integrated into initial mall design phases by developers

India well-poised to benefit from new jobs emerging with AI: Meta India V-P

The views assume significance in the backdrop of persistent debate in tech circles and civil societies on whether AI will augment the labour market or displace workers

Open for opportunities to source components from India: Aircraft maker ATR

IndiGo and two regional carriers -- Alliance Air and FLY91 -- operate ATR planes that are used for regional flight operations

What does the global shipbuilding industry look like, and where is India?

India's shipbuilding industry aims to become one of the top ten by 2030, here is where India stands compared to the rest of the world