Page 518 - Industry News

BCAS issues new guidelines, allows passenger exit via departure gates

The guidelines will help in ensuring less harassment for passengers and they would not have to keep sitting inside an aircraft for long hours after boarding, he said

PM Modi pitches for studying newer banking structure to fund future needs

The PM said the banking industry needs to move forward to ensure that it can fund the credit needs of the projects necessary for the country's future growth

India's power consumption subdued at 1.4% to 129.89 bn units in March

The highest supply in a day (peak power demand) rose to 221.70 GW in March 2024 as opposed to 208.92 GW in March 2023 and 199.43 GW in March 2022

Gadkari vows to eliminate petrol, diesel vehicles; tax cut for hybrid cars

Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult

Researchers use caffeine, AI as ways to boost EV efficiency, trim costs

In one of many novel discoveries uncovered by scientists in the alternative-energy field, researchers in Japan have found a way to boost efficiency and trim costs. Their secret is caffeine

TCG plans $10 billion oil-to-chemicals project in Tamil Nadu

TCG's investment plans comes amid strong growth for chemicals in India to drive a 7% growth, but also at a time of oversupply in the global petrochemicals business

Recently notified regulations applicable to cases under probe: CCI chief

Last year, Parliament cleared various amendments to the Competition Act, and in recent times, the Competition Commission of India (CCI) has notified the regulations pertaining to the changes

Indian carriers' focus is now on international market to boost revenues

According to Joshi of Network Thoughts, during next few years share of Indian carriers in itn'l traffic will rise, because Air India will induct more capacity and so will IndiGo, with XLR aircraft

Summer ready: Railways draws up plan to ease coal transportation

The ministry will rely extensively on EDFC between Punjab and Bihar

Real estate registration in Mumbai up 8% to 14,150 units this month: Report

In March last year, 13,151 units were registered. Of the overall registered properties, residential units constitute 80 per cent

Work on to convert sugarcane belts into energy belts: PM Modi in Meerut

"Work is on to manufacture ethanol from sugarcane to be used as fuel for vehicles. Because of this, in the last ten years, around Rs 70,000 crore have been paid to sugarcane farmers," he said

Govt reduces gas price for Reliance to $9.87; rate for CNG, PNG unchanged

For the six-month period starting April 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas has been cut to $9.87 per mmBtu from $9.96

NPPA revises ceiling prices of 923 scheduled drug formulations from April 1

The formulations in the new revised rate list include essential drugs such as painkillers, antivirals, antibiotics, antimalarials, and drugs for type 2 diabetes

AC industry expects double-digit growth, 11.5 mn unit sales this season

Leading players in the AC industry said "favourable weather forecast of a scorching summer" and increase in disposable income are likely to push up sales

Housing sales in Gurugram down 12% during Jan-Mar; up 19% in Noida: Report

As per the data, housing sales in Greater Noida declined by 19 per cent to 2,350 units during the first quarter of this calendar year against 2,900 units in the year-ago period

Exporters urge exemption from 45-day payment rule for supplies from MSEs

Exporters said the exporting community supports the move, but the government should consider giving exemptions at least for a few years

Healthy, tough competition in Indian aviation market: IndiGo CEO Elbers

Indian consumers are really eager to travel, but it is also a price-sensitive market. What I see is that whenever a new route is announced, there is enormous demand from consumers to travel

PLI schemes attract over Rs 1.06 trn investment; pharma gets major chunk

The response to the schemes was tepid in sectors like IT hardware, auto, and auto components, textiles, and ACC battery storage till December last year

Today's youth don't run after govt jobs, but are job creators, says Goyal

Today's young men and women don't run after government jobs (but) with their talents become job creators. Today's youth are taking the country forward with new experiments and innovation, Goyal said

Govt to resume curbs on solar modules imports to boost local producers

The curbs are part of Prime Minister Narendra Modi's effort to gain self-dependence in energy by encouraging local solar panel output