Page 50 - Industry News

India's coal import rises in Nov, set to fall as domestic supply grows

Of the total imports in November 2025, non-coking coal import stood at 14.28 MT, higher than 12.32 MT imported in November last fiscal year

DoP invites proposals under two schemes to cut medtech import reliance

With India importing about 70 per cent of its medical devices, the Department of Pharmaceuticals has invited proposals under two sub-schemes to reduce import dependence and support clinical studies

Vedanta Q3 production: Aluminium, zinc, iron ore rise; oil, steel dip

In the oil and gas segment, Vedanta's average daily gross operated production dropped 15 per cent during the quarter to 84,900 barrels of oil equivalent per day (boepd)

CPSEs' research expenditure increases 25.6% to ₹9,691 crore in FY25

Defence production led R&D expenditure by central public sector enterprises in FY25, followed by petroleum and heavy engineering, as overall spending rose sharply year-on-year

Zomato CEO defends gig model, highlights 10.9% pay raise, job flexibility

Goyal explained that Zomato gig workers earn a steady income, get welfare support, have flexible schedules, and are not pressured by 10-minute delivery promises, countering claims of exploitation

India's tech job openings fall 24% in January, hit six-year low: Xpheno

Active technology job demand stood at 103,000 in January, the second-lowest in six years, as the sector continued to struggle with weak recovery and subdued hiring

Andhra Pradesh corners 25.3% of FY26 investments: Bank of Baroda report

The private sector dominated the investment pipeline with a share of 89.7 per cent or ₹23.87 trillion, while government sector investments stood at ₹2.75 trillion

Gig economy needs less regulation: Eternal Founder Deepinder Goyal

Zomato-Blinkit founder Deepinder Goyal pitches less regulation for India's gig economy, defending 10-minute deliveries amid protests by platform worker unions

JNPA container traffic rose 13% to hit record 7.94 mn TEUs in 2025

Overall cargo in 2025 reached 99.17 million tonnes, up 9.86 per cent Y-o-Y

Explicit image row: Meity asks X to review Grok, submit report in 72 hours

X may lose safe harbour if IT ministry not satisfied with the response, say officials

Centre okays 22 more investment proposals worth ₹42K crore under ECMS

The government has approved 22 additional applications under the Electronics Component Manufacturing Scheme, taking total approvals to 46 companies with cumulative investment of Rs 54,567 crore

Deadline for textile PLI scheme applications extended to March 31

In October, the government had extended the last date for filing fresh applications under PLI scheme for the textiles sector till December 31, which has now been further extended till March this year

Captive, commercial mines drive coal output growth and dispatches in FY26

Coal production and dispatches from captive and commercial mines rose in December and Q3 FY26, reflecting their rising contribution to India's domestic coal supply

Ultra-rich splurge ₹7,186 cr on 51 homes in 2025; Mumbai dominates

Mumbai accounted for 35 of the 51 ultra-luxury home deals in 2025, cornering over ₹5,100 crore in value, as India's wealthy continued to back big-ticket residential assets

Labour Ministry publishes draft rules; gig workers' unions seek clarity

Draft rules under the new Labour Codes set minimum work-day criteria for gig workers to access social security benefits, prompting unions to seek clarity on eligibility and safeguards

Semaglutide patent loss to create ₹5,000 crore opportunity: Report

Patent expiries of blockbuster weight-loss drug semaglutide may create a ₹5,000 crore generic opportunity for Indian pharma firms across India and key emerging and regulated markets

Torrent Gas cuts CNG price by up to ₹3.50/kg, PNG by up to ₹2 per unit

Torrent Gas has cut CNG prices by up to ₹3.50 per kg and domestic PNG by up to ₹2 per scm after PNGRB's unified tariff came into effect from January 1, 2026

Andhra Pradesh attracts 25.3% of proposed investments in FY26: Report

State accounted for over a quarter of India's proposed investments in the first nine months of FY26, emerging ahead of Odisha and Maharashtra, according to a Bank of Baroda report

Govt okays 22 proposals under electronics components manufacturing scheme

The approved proposals include those from Dixon, Samsung Display Noida Pvt Ltd, Foxconn (Yuzhan Technology India Pvt Ltd), and Hindalco Industries

Duty hike on tobacco products will hurt farmers, fuel smuggling: FAIFA

The farmers' body warned that higher retail prices will reduce legal cigarette consumption, hurting demand for domestically-grown tobacco and potentially creating a glut in the crop market