Page 48 - Industry News
Cabinet clears ₹33.7K crore BHAVYA scheme for 100 industrial parks
The new Bharat Audyogik Vikas Yojna or BHAVYA scheme, to develop industrial parks over an estimated 33,600 acres of land, will be implemented with States through a challenge mode
 "Cabinet clears ₹33.7K crore BHAVYA scheme for 100 industrial parks")
Petrol dealers may face cash crunch as OMCs seek advance payments
Dealers warn of reduced fuel orders as refiners end credit supply amid losses on petrol and diesel sales with retail prices unchanged
 "Petrol dealers may face cash crunch as OMCs seek advance payments")
West Asia war-triggered LPG shortage and a case of reverse migration
From gig and contractual workers to street vendors and students, struggle is now part of everyday life
 "West Asia war-triggered LPG shortage and a case of reverse migration")
Green transition will require shakeup of fiscal architecture: Suman Bery
India's green transition needs fiscal reform, says NITI Aayog's Suman Bery, as global energy shifts and supply risks reshape opportunities for the Global South
 "Green transition will require shakeup of fiscal architecture: Suman Bery")
Gulshan group ties up with IHCL for Taj-branded residences in Noida
Realty company to invest ₹1,000 crore in project featuring 57 floors; construction to be completed by 2031
 "Gulshan group ties up with IHCL for Taj-branded residences in Noida")
Govt clears ₹1,718 crore MSP support to CCI for cotton procurement
The decision was taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi
 "Govt clears ₹1,718 crore MSP support to CCI for cotton procurement")
Nearly one in three job postings signal urgency in hiring: Report
Demand for immediate joiners has risen 58 per cent since 2022, far outpacing candidate availability, as employers seek professionals who can contribute from day one
 "Nearly one in three job postings signal urgency in hiring: Report")
PLI scheme shines for electronics, but questions linger over its future
The production-linked incentive scheme for large-scale electronics manufacturing, due to end on March 31, has propelled India as the second-largest smartphone maker in the world. What's its future?
 "PLI scheme shines for electronics, but questions linger over its future")
Delhi High Court pours fairness into Pisco dispute, upholds dual GI tag
Court rules both Peru and Chile can use 'Pisco' with clear geographical qualifiers, ensuring consumers are not misled about the origin of the grape-based spirit
 "Delhi High Court pours fairness into Pisco dispute, upholds dual GI tag")
No plan to privatise BSNL, says Jyotiraditya Scindia in Lok Sabha
Communications minister says BSNL will remain a public enterprise, highlights subscriber growth and progress in 4G rollout
 "No plan to privatise BSNL, says Jyotiraditya Scindia in Lok Sabha")
WGC proposes shared infrastructure to fix fragmented digital gold market
The World Gold Council has proposed a 'Gold as a Service' model to standardise digital gold and address trust and interoperability gaps
 "WGC proposes shared infrastructure to fix fragmented digital gold market")
IMMT Bhubaneswar develops tech to make refractory bricks from bauxite waste
CSIR institute develops process to convert mining waste into high-performance bricks, offering cost benefits and industrial applications across key sectors
 "IMMT Bhubaneswar develops tech to make refractory bricks from bauxite waste")
Supreme Court to examine 1978 'industry' ruling on merits, rejects plea
Top court to assess correctness of landmark Bangalore Water Supply ruling, holding that the reference must be decided despite changes in the statutory framework
 "Supreme Court to examine 1978 'industry' ruling on merits, rejects plea")
Union Cabinet approves ₹6,969 crore Barabanki-Bahraich highway project
Four-lane NH-927 project to be built under hybrid annuity mode will ease congestion, cut travel time and improve connectivity, including links to Nepal border
 "Union Cabinet approves ₹6,969 crore Barabanki-Bahraich highway project")
Gulf war jitters disrupt art routes, but India market remains resilient
Galleries rethink Art Dubai participation amid uncertainty, while strong domestic demand cushions impact
 "Gulf war jitters disrupt art routes, but India market remains resilient")
Govt mandates domestic sourcing of solar wafers for manufacturers
Expansion of ALMM scheme to ingots and wafers will require projects to use domestic components from 2028, strengthening local manufacturing and reducing import dependence
 "Govt mandates domestic sourcing of solar wafers for manufacturers")
Why India built crude reserves but not LPG buffers despite demand surge
India built crude reserves for energy security but LPG was never treated the same way even as demand surged. Experts explain what held back storage planning
 "Why India built crude reserves but not LPG buffers despite demand surge")
No funds disbursed under ₹24K cr solar PLI scheme till Feb: Govt tells LS
The Ministry of New and Renewable Energy, Government of India, is implementing the PLI Scheme for High Efficiency solar PV modules with an outlay of Rs 24,000 crore
 "No funds disbursed under ₹24K cr solar PLI scheme till Feb: Govt tells LS")
Alternative West Asia shipping routes provide relief for aluminium prices
Aluminium prices ease as Emirates Global Aluminium secures alternative export routes, easing supply fears linked to tensions around the Strait of Hormuz
 "Alternative West Asia shipping routes provide relief for aluminium prices")
Cabinet clears ₹33,660 cr BHAVYA scheme to set up 100 industrial parks
The Cabinet approved the ₹33,660 crore BHAVYA scheme to develop 100 industrial parks with Centre-state and private participation, aiming to boost manufacturing, investment and jobs
 "Cabinet clears ₹33,660 cr BHAVYA scheme to set up 100 industrial parks")