Page 5 - Industry News

Companies must take responsibility: Nites flags AI-driven layoffs

Nites has argued that although tech profits remain strong, weakening job security raises serious questions about corporate responsibility and accountability

CII 20-point agenda calls for coordinated response amid West Asia crisis

CII proposed that priority sector lending (PSL) norms may be revisited to enable banks to respond more flexibly to sector-specific stress during external disruptions

Iran war keeps home price growth under check across top 7 cities: Report

Anarock data showed that the average housing prices across seven major cities rose to Rs 9,456 per square feet in January-March from Rs 9,260 per square feet

TV industry bracing for drop in sales as Iran war push up production costs

Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices

'DPDP rollout to enhance enterprise accountability, compliance standards'

63SATS Cybertech, Managing Director, CEO & CIO, Neehar Pathare said under the DPDP regime, cybersecurity will no longer remain just a technical function but will be a critical pillar

FMCG firms report steady growth in Q4 despite geopolitical headwinds

The makers, such as Marico, Dabur and AWL Agri Business (formerly Adani Wilmar), have reported growth in both volumes and value, driven by pricing actions and resilient domestic consumption

Railways registers strong FY26 growth with record freight, passenger gains

Rail operations remained robust throughout the year, with approximately 25,000 trains running daily, ensuring widespread connectivity

Energy mix needed to meet long-term power demand: Union Power Secretary

He noted that decentralised solar projects under the PM-KUSUM Scheme have gained momentum in Rajasthan, but also flagged challenges related to the grid integration of solar power

Milk producers receiving ₹34.18 crore monthly benefit, highest ever

The federation is ensuring doorstep milk collection, particularly benefiting marginal milk producers living in remote areas of the state

Comm Secy asks pharma sector to reduce dependence on imported raw materials

India remains the third-largest producer of pharma globally by volume and 14th by value. The sector's exports reached $30.47 billion in 2024-25, marking 9.4 per cent growth over the previous year

Odisha Mining Corporation FY26 mineral production hits record 44.82 MT

State-run miner achieves highest-ever mineral production and revenue in FY26, driven by strong iron ore output, improved efficiency and rising demand in domestic and global markets

Indian Pharma sector clocks $29 billion exports by end of February in FY26

K Raja Bhanu, Director General of PHARMEXCIL said the sector, currently valued at approximately $60 billion, is projected to grow to $130 billion by 2030

Delhi mandates LPG supply to businesses only if they have PNG connection

According to the order, in areas where PNG infrastructure is not yet in place, consumers will be required to submit an application expressing their intent to switch to PNG once it becomes available

Trai asks Jio to end 'discriminatory' tariff plans, sets April 14 deadline

The telecom regulator has asked the Reliance group firm to make all tariff plans uniformly available across platforms to ensure transparency and consumer choice

West Asia conflict disrupts snack exports from Bikaner, shipments disrupted

Bikaner, known for its namkeen industry, exports large quantities of snacks, spices and other products to countries in the Gulf region and Europe

Centre increases monitoring of weight-loss drugs, flags safety concerns

Regulators have been asked to track adverse events as India tightens oversight on popular obesity drugs amid rising demand and concerns over misuse and misleading promotions

Datanomics: Restaurants, kiosks face fuel price heat amid West Asia war

Rising LPG prices push kiosks and restaurants to selectively hike prices, with smaller players facing sharper pressure amid West Asia fuel disruptions

Russia offers to 'steadily increase' crude oil, LNG supplies to India

Russia signals readiness to boost oil and LNG supplies as India faces energy stress amid West Asia conflict and rising import dependence

India's 'Mounjaro brides': Weight-loss injections enter pre-wedding prep

Many marriages are still arranged by families, often accompanied by expectations around physical appearance and financial status, which is driving a growing demand for weight-loss solutions

Firms with cancelled drug licences may face heat as Centre tightens rules

DCC discusses stricter norms to bar firms with cancelled licences from reapplying and proposes public disclosure of inspection findings to strengthen pharma regulation