Page 50 - Industry News

Draft IT rules amendments not linked to recent takedowns: MeitY Secy

Takedowns happen under existing provisions, MeitY Secy said, adding that the two -- the IT rule amendments being proposed and the takedowns -- are not linked

PLI schemes: Ministries, departments to identify local value-addition gaps

Government reviews DVA violations under PLI schemes as firms struggle with localisation targets, highlighting gaps in supply chains and innovation capacity

Reform-linked capex loans to states tied to RoW for telco towers

In the budget for the year 2026-27 outlay for SASCI scheme was enhanced from Rs 1.44 trillion in the revised estimate for FY2026 to Rs 2 trillion

India's sugar, edible oil demand dips as gas shortage hits eateries

Lower consumption could curb India's imports of edible ‌oils, including palm oil from Indonesia and Malaysia, and soyoil and sunflower oil from Argentina, Brazil, Russia and Ukraine

Rising costs, Iran war: Telcos may face dual headwinds in coming quarters

Rising smartphone prices and weaker travel demand may slow 2G upgrades and hit roaming revenues, posing near-term challenges for Indian telcos

India needs to rethink IPO norms for biotech startups: Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw urges IPO reforms, saying India's listing norms hinder biotech firms that need long R&D cycles before generating revenue

Jewellery could help retail sector post 23% revenue growth in Q4FY26

Strong jewellery demand supports retail growth in Q4FY26, though weak consumption trends weigh on segments like apparel, QSR and lifestyle retailers

India's residential market cools; office leasing hits quarterly high

Residential demand shows early signs of moderation amid rising prices and affordability pressures, while office leasing surges on strong GCC demand and tightening vacancy levels

Small hydropower projects in India struggle despite policy push, potential

Despite vast untapped capacity, India's small hydropower sector faces stagnation due to high costs, policy hurdles, delays in clearances and weak financial viability, even as the government rolls out

Govt likely to extend timeline for stakeholders' view on IT rule tweaks

Extension may allow industry, civil society and individuals more time to respond to proposed changes bringing independent news and current affairs creators under regulatory oversight

Odisha aims for 100 mt steel by 2030, CM Majhi urges clear roadmap

Chief Minister Mohan Charan Majhi asks industry to scale iron ore output and expand into mineral-rich districts to support Odisha's ambitious steel capacity target by 2030

Trai proposes short-validity voice-SMS-only tariff packs with lower prices

Draft amendment seeks equal validity for voice-SMS and bundled STVs, with proportionately lower pricing to ensure fair, non-discriminatory choices for consumers who do not use data

Govt sets new rules for coal gasification mining plans to boost output

New norms aim to boost syngas production from coal and lignite through gasification technology, while ensuring minimal surface impact, scientific planning, and regulatory compliance

Govt to expand ₹10,683 crore PLI scheme for textiles, add more products

Singh told PTI that the government will "certainly expand" the coverage under PLI textiles for product categories

LPG crisis may reduce India's sugar consumption by 400K tonnes: ISMA chief

Centre rules out banning sugar exports; says no proposal to lower edible oil import duties

NBFCs flag rise in MSME delinquencies as Iran war disrupts supply chains

NBFCs see early warning signs in MSME portfolios as supply disruptions and rising input costs linked to the West Asia conflict strain cash flows and push up early-stage delinquencies

Mines Ministry amends auction rules to fast-track mine operationalisation

Government revises mineral auction rules to ease constraints, allow exclusions, and extend timelines, aiming to accelerate mine operationalisation and boost sector efficiency

Illegal mining rampant in Odisha, Assembly panel flags systemic lapses

House panel flags illegal mining, land encroachment, and weak oversight in Odisha, warning of revenue losses and environmental damage; seeks stricter monitoring and action

Power ministry pushes insurance surety bonds as bank guarantee alternative

Centre asks states to accept insurance surety bonds in power procurement to ease liquidity constraints, reduce credit exposure, and boost participation across energy projects

Retail industry post 20% growth in Q4 on strong demand, store expansion

Trent has opened 22 Westside stores and 109 stores of its value retail format of Zudio