Page 452 - Industry News

Video gaming firms seek distinction from RMG companies in letter to PMO

Stakeholders have requested the government to break the existing categorisation of online games into two separate categories - video games and real money games, "for fair and equitable policymaking"

India can be key partner in diversifying critical mineral supply chains: US

'Demand for key minerals, such as graphite, manganese, and lithium will continue to play a vital role in the electric vehicles (EV) space and will help India work towards its net zero vision in 2070'

Indian gaming industry to grow to $8.92 billion in next 5 years: Report

India's gaming sector is currently valued at around $3.1 billion, according to industry estimates

Indian food services sector to grow by 8.1% from 2024 to 2028: Report

The sector is the second-biggest employer with 8.5 million people in 2025. This is expected to increase by over 20 per cent to 10.3 million by 2028

Monthly prepaid ARPU crosses Rs 150 for the first time in Q4 FY24

Monthly prepaid ARPUs have consistently risen for more than six quarters, but the pace has been slow

Centre releases draft guidelines for 'responsible and sustainable' mining

Dated July 2, these rules provide a framework for preparation and approval of exploration and production plans

Domestic air passenger traffic momentum to continue this year: Report

In June, the domestic air passenger traffic was estimated at 132.8 lakh, around 3.7 per cent lower than seen in May but about 6.3 per cent higher compared to the year-ago period

India's gaming sector unique, naturally inclined to Make in India: EGF CEO

Union Budget must treat 'legitimate part of gaming industry' as govt treats other sectors in the technology industry, say representatives

Turnover crosses Rs 1.5 trn, 1 mn jobs created in FY24: KVIC chairman

According to provisional figures for 2023-24 released by KVIC, a 315 per cent increase in production and a 400 per cent rise in sales were registered in the last 10 years

19 coal mines allocated to thermal plants for fly ash disposal, says govt

A Central Level Working Group (CLWG) under the chairmanship of Additional Secretary, Ministry of Coal, was formed in 2023 for this purpose

Rajasthan plans 30 Gw solar power by FY25-end; aims to become self-reliant

Rajasthan is one of the leading states in the country in solar energy production, with an estimated output of 142 Gw

10th round of OALP bidding for oil and gas assets likely in August

The Centre is planning to bring 560,000 sqkm under oil exploration by the end of 2024

PLI scheme for white goods: Application window to be open for third time

The first round of application was invited in 2021, followed by the second round a year later as the entire allocated fund was not utilised

Tata airlines complete harmonising operating process ahead of merger

Vistara, a joint venture between Tata Group (51 per cent) and Singapore Airlines (49 per cent), is being integrated into Air India to create a single full-service carrier

CNG, piped cooking gas price hiked in Mumbai on rise in input costs

Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households in Mumbai and surrounding cities, said prices will come into effect from intervening night of July 8 and 9

Fuel consumption up by 2.6% to 19.99 mn metric tonnes in June: Oil ministry

India is the world's third-biggest oil importer and consumer. The data is a proxy for the country's oil demand

Foreign firms must adapt to India's biz environment: TAITRA on Foxconn row

Refusing to be drawn into controversy regarding Foxconn's hiring practices, TAITRA Chairman James C F Huang emphasised that every Taiwanese company comes to India with good faith

Tata group airlines complete harmonising operating manual ahead of merger

Following completion of harmonisation of operating manuals, Air India said there will be two separate manuals, one for full-service carrier Air India and other for the low-cost Air India Express

National-level builder-buyer agreements for realty to be a reality soon

Santosh Kumar, vice chairman of Anarock Group, said that while RERA in respective states has been actively resolving consumer grievances, buyers often struggle to get their homes as promised

Tea prices soar as heatwaves, floods slash output in key producing regions

Production was also affected by the government's decision to ban 20 pesticides