Page 4 - Industry News

India's urban housing market faces structural affordability crisis in 2025

In Bengaluru, 20 per cent of buyers are now priced out of sub-Rs 1 crore homes, compared to 14 per cent in 2024, despite 13 per cent year-on-year demand growth

Ducati India plans 10 new model launches in 2026, price reveal soon

Of the 10 new models, one motorcycle model, Panigale V4R, has already hit the market on January 2, Ducati said

Govt urges qcom firms to drop '10-minute delivery' branding: Reports

Union Labour Minister Mansukh Mandaviya reportedly held a series of meetings with quick-commerce companies and urged them to discontinue the branding associated with ultra-fast deliveries

Indofast Energy to install 23 battery swapping stations on Mumbai Metro 3

Currently, Indofast Energy has 19 swap stations in Mumbai, including the company's 1,000th station at Lokmanya Tilak Terminus

zingbus bets on demand-led expansion to hit ₹350 crore revenue in FY26

This growth is supported by extensive intercity route expansion across north and south India, launching 28 new routes for zingbus Maxx and zingbus Plus, the company said

Kolkata electric 2W users honk most, Bengaluru panic-brakes often: Report

The data showed honking patterns varied sharply across cities. Kolkata recorded the highest honking levels in the country, averaging 131 honks per hour, reflecting dense traffic and aggressive auditor

Strengthening critical mineral supply chains vital for India: Vaishnaw

Ashwini Vaishnaw participated in the Finance Ministerial on Securing Critical Minerals Supply Chains convened by Bessent on Monday

Delhi govt raises sacramental wine quota, excise limits on denatured spirit

The annual authorised possession limit for permit holders has also been increased from 64,000 kilolitres to 120,000 kilolitres

Puch AI founder meets Yogi Adityanath, praises UP's future-tech push

Bhatia said the use of AI in India has grown significantly in recent years, but stressed the importance of ensuring that the country's data remains within India

AI, rising costs, climate change among key youth concerns: WEF report

The WEF's survey of nearly 4,600 young people from 489 locations worldwide found that half viewed inflation and economic instability as the greatest threats to their lives

ADIF writes to CCI for interim relief to Indian startups in Apple case

Alleges company is using dilatory and delaying tactics in regulator's investigation

Delhi govt to upgrade ITIs with industry partners under PM-SETU scheme

Under the scheme, the SPV will be an industry-led, not-for-profit entity to jointly invest, manage and govern the development and operation of the ITI clusters

India partners Germany to develop green hydrogen infrastructure

The partnership focuses on deepening bilateral engagement while accelerating the adoption of renewable energy in India

Nvidia to invest $1 billion with Eli Lilly to build AI-driven drug lab

The hope is to supercharge a time-consuming process that currently relies heavily on human researchers conducting physical experiments

Educational institutions' income to rise 11-13% in FY26, FY27: Crisil

The report added that operating margins are expected to remain steady at 27 to 28 per cent as these institutions will incur higher staff salaries and other related costs

AI infra must be resilient, self-regulated to manage risks: Trai chief

The Trai chief highlighted that under the India AI Mission, the government is facilitating affordable access to over 38,000 GPUs, plus a secure 3,000-GPU cluster for strategic use

Record domestic coal output helps India save nearly $8 bn in imports

Capex crosses target by 44%

Govt finalising RFP for ₹7,280 crore rare earth magnet scheme: Kumaraswamy

The Minister for Heavy Industries & Steel chaired a stakeholder consultation meeting on the scheme with various industrial stakeholders from India and abroad

Reliance says battery manufacturing plans on track, 2026 target unchanged

Reliance had previously indicated 2026 as the target to begin manufacturing battery cells

Mobile phone production to reach $75 billion by FY26-end, says ICEA

Mohindroo said the conclusion of the mobile phone PLI scheme in March 2026 will be a key transition point for scale consolidation and planning the next phase of competitiveness