Page 44 - Industry News

Odisha lines up 34 mineral blocks for FY27 auction, includes gold deposits

State plans to auction 25 major and nine critical mineral blocks, including two gold-bearing assets, as it steps up exploration, production and revenue generation

Govt directs faster processing of city gas projects to ease supply stress

Government fast-tracks city gas approvals and boosts LPG allocations to ease supply pressures while pushing urban consumers towards piped natural gas

NCLT allows withdrawal of insolvency process against ATS Knightsbridge

ATS eyes delivery of project in 18 to 24 months, reset in core NCR luxury market

Uber India shifts from reactive to predictive safety: Sooraj Nair

Uber India is embedding AI across its safety stack-from teen rides to driver compliance-as it expands beyond 125 cities

Indian firms facing shipment delays, input shortages amid Iran war: CII

CII Director General Chandrajit Banerjee said firms are already seeing "downstream effects" as the conflict disrupts key maritime routes and tightens global supply chains

India a long-term investment with strong ecomm growth potential: Amazon V-P

'E-commerce adoption is becoming more widespread, and the next wave of growth will be led by smaller cities and middle-income groups'

Indian companies lead in AI adoption, but lag in expertise: Report

The 'State of AI in the Enterprise' report for 2026 revealed that Indian firms are advancing past trials to lead global peers in large-scale AI adoption across key functions

AC makers cautious as unusual rain may disrupt early summer demand

Because of plastic, prices of other large appliances such as washing machines are also likely to rise 10-12 per cent, industry leaders indicated

NCLAT grants exemption to 50 IL&FS's red, amber firms from CSR obligations

These 'red' and 'amber' entities have not been accruing interest on their outstanding debts, resulting in such companies showing notional profits in their books of accounts

Coal imports fall 4.2% in Apr-Jan FY26, to remain subdued in near term

The decline underscores the country's push towards self-reliance in coal production amid surging domestic output, even as global thermal coal prices firm up due to supply constraints

India confident of meeting power demand despite West Asia crisis

India has produced 1 billion metric tons of coal for a second successive year, ‌the ​coal ministry said on ​Saturday, which could be enough to meet summer power demand

Feb blip: India's core sectors headed for worst showing in 6 years

Output growth in the core sectors, that constitute about 40 per cent of the Index of Industrial Production (IIP), halved to 2.3 per cent in February from 4.7 per cent in January

PWD installs QR code boards on roads for public feedback, transparency

Each QR code will allow citizens to access detailed information about the project, including the name and length of the road, date of last strengthening, contractor or executing agency, etc

India's milk production up from 17 MT in 1950 to 247 MT in 2025: Official

Jat said India's milk production surged from 17 MT (1950) to 247 MT (2025), led by Uttar Pradesh, with Punjab-Haryana topping yields and NITI Aayog projecting 480-606 MT demand by 2047

Sun Pharma, Dr Reddy's, Glenmark launch generic semaglutide in India

The prices of the generic versions of semaglutide injection are considerably lower than the prices of the innovator, Novo Nordisk

Goyal meets Eli Lilly Prez; discusses steps to strengthen 'Make in India'

Goyal said the discussions focused on increasing operations and investments in India, and ways to strengthen the 'Make in India for the world' initiative

Green industrial push 'strategic necessity', says EAC-PM chairman

EAC-PM Chairman S Mahendra Dev says geopolitical tensions and energy shocks highlight need for green industrialisation to ensure energy security and sustain growth

Supply-side policies not enough to improve job outcomes: ILO expert

ILO's Radhicka Kapoor says stronger labour demand and structural reforms are needed to translate gains in education and welfare access into better employment outcomes

West Asia war: Politicians, mkts misjudging scale of disruption, says IEA

"The conflict in the Middle East has created the largest supply disruption in the history of the global oil market, due to the near halt in shipping traffic through the Strait of Hormuz," the IEA said

Higher-grade fuel gets costlier amid spike in oil prices; OMCs hike rates

Benchmark Brent prices slipped to around $105 per barrel on Friday, from the highs of $119 a day earlier