Page 47 - Industry News

India's top IT firms likely to report muted growth as US demand softens

India's IT companies earn a significant share of their revenue from the United States, making the world's largest economy crucial for the sector

GCC demand pushes office leasing to all-time high: Knight Frank report

Record office leasing led by GCCs and tightening vacancies boost commercial real estate, while housing markets stabilise amid rising prices and premiumisation

Assocham seeks incentives for hydrogen-based steelmaking in FY27 Budget

Assocham believes the upcoming Union Budget offers a vital opportunity to position India as a global manufacturing hub for steel and value-added products under the 'Make in India' initiative

Electronics industry targets 16 products to reduce import dependence

ICEA response to PM's 100-product manufacturing push

IT companies double down on work from office rules amid AI disruption

Experts say a slow growth environment and shorter project life cycles in the age of artificial intelligence (AI) have made these firms double down on office presence and being closer to their clients

GLP-1 launches inject over 2x rise in weight-loss market sales in 2025

Experts say OAds, insulin to dominate anti-diabetes market, with semaglutide patent loss leading to possible price erosion, value moderation

Meity unhappy with X's reply on Grok misuse, may seek more details

Government may seek additional details on chatbot's role in generating explicit images

Delhi HC orders status quo on handover of Vedanta's Suvali block to ONGC

The Delhi High Court has ordered status quo on Vedanta's Suvali offshore oil block, halting the government's move to transfer operations to ONGC pending final adjudication

SC flags legal grey area on whether LS impeachment survives RS rejection

Supreme Court says rejection of an impeachment motion in one House may not block proceedings in the other, as it hears Justice Yashwant Varma's challenge to the inquiry panel

Hospitality sector needs reforms, infra status to drive growth: HAI

Kachru, who is also Chairman, South Asia, Radisson Hotel Group, urged "policymakers to prioritise sector-specific reforms to drive growth and resilience in the hospitality sector"

Coal India's ECL deploys AI drones to monitor green cover in mining areas

High-resolution UAV surveys combined with advanced geospatial analytics to objectively evaluate plantation performance and ecological restoration are part of the exercise

AI adoption highest among Indians: How it is changing shopping trends

AI adoption was highest in India among those surveyed, with 41 per cent consumers using AI shopping tools and 40 per cent planning to use them in the future

Trai empanels RANext as digital connectivity rating agency for buildings

The release noted that India's rapid transition into a digital-first economy has made seamless connectivity critical across work, education, banking, healthcare, and entertainment

Housing sales dip 1% in top-8 cities, average price grows up to 19%: Report

Knight Frank India CMD Shishir Baijal said the sales momentum continued last year despite rise in weighted average prices

India starts anti-dumping probe into nylon chip imports from China, Russia

The applicant has alleged that the dumping of Nylon 6 Chips and Granules with relative viscosity (RV) below 3 is impacting the domestic industry

Green cave in Chhattisgarh's Bastar district soon to boost tourism

Tourism in the region largely remained unexplored as the route to reach the green cave passes through terrain once controlled by Maoists

DEA creates ₹17 trillion PPP project pipeline for 3 years: FinMin

Of the total projects, 232 are related to central ministries and departments, while the remaining 630 are with states and Union Territories

33% growth in artificial intelligence hiring in India: Ashwini Vaishnaw

On Tuesday, Rajasthan also unveiled its Artificial Intelligence and Machine Learning (AI/ML) Policy 2026, which aims to promote responsible, inclusive and innovation-driven AI in the state

Par panel examines impact of US tariff hikes on key Indian industries

It also seeks to assess the various measures taken by financial institutions, central and state governments to mitigate the adverse effects of US tariffs

Saudi cuts crude oil prices again amid growing competing supplies

This comes amid the International Energy Agency forecasting a supply this year of 4 million barrels per day, equivalent to 70 per cent of India's oil demand