Page 564 - Industry News

Increased capex on infra to spur steel demand, attract investments: Experts

Jayanth Murthy, Joint MD of Consultancy Kaizen Institute said it is likely to witness an increasing demand in the metal, mining and cement sectors generating more employment opportunities

Budget to boost healthcare sector, bolster bulk drug manufacturing: Expert

India's commitment to promoting research and development in the life sciences sector will receive a boost with the government's plan to establish more medical colleges in the country

Govt continues to be bright spot of world despite challenges: Piyush Goyal

Finance Minister Nirmala Sitharaman in her budget speech on Thursday said India is negotiating BITs with different countries in the spirit of 'first develop India'

Nano DAP to bring down fertiliser subsidy bills, says industry body

Finance Minister Nirmala Sitharaman announced the expansion of Nano DAP application across various crops in all agro-climatic zones on Thursday

Budget 2024: Sitharaman bats for developing iconic tourist destinations

Up next: Bridging the gap for better access to islands

Electronics manufacturing, research get Rs 15,500 cr budget allocation

Scheme for setting up a semiconductor fab or electronic chip plant in India has been allocated Rs 1,500 cr, Mohali-based semiconductor laboratory Rs 900 cr, design linked incentive scheme Rs 200 cr

Budget focus on infra, connectivity to help real estate growth: Experts

The Interim Union Budget 2024-25 also focused on women's empowerment through housing facilities under the PM Awas Yojna scheme

Govt pegs non-tax revenue from communications at Rs 1.20 trillion for FY25

The government has pegged non-tax revenue collection estimates from the communications sector at about Rs 1.20 lakh crore for 2024-25 and expects to exceed the budget estimates for the current fiscal.

FM talks up green energy, proposes rooftop solar power for 10 mn homes

Interim Budget proposal will save up Rs 18,000 annually for households, says Nirmala Sitharaman

Landmark Indo-Pacific supply chain pact to come into force on February 24

The agreement is aimed at coordination among the IPEF partners on building resilient, efficient, productive, sustainable, transparent, diversified, secure, fair, and inclusive supply chains

Govt to increase coal-fired capacity in 2024 by 14 GW: Power Ministry

The south Asian nation failed to achieve a target to add 175 GW of renewable power capacity by 2022. The planned coal-fired capacity increase in 2024 will exceed its 2023 renewables increase of 13 GW

Domestic oil imports from Russia hit 12-month low in Jan as sanctions bite

Last year, India emerged as a top buyer of sea-borne Russian oil sold at a discount after Western countries halted imports following Moscow's invasion of Ukraine

Zooom Airlines resumes services with inaugural Delhi-Ayodhya flight

After a hiatus in 2020, Zooom Airlines on Thursday resumed its operations with an inaugural flight connecting Delhi to Ayodhya, the domestic airline said

Govt okays continuation of apparel exports incentive scheme till Mar 2026

The scheme was launched in 2020. Earlier it was extended till March 2024

Women empowerment via entrepreneurship gained momentum in 10 years: FM

Presenting the interim Budget 2024-25, she said 30 crore Mudra Yojana loans have been given to women entrepreneurs

Cabinet approves signing of India-UAE Bilateral Investment Treaty

The two nations have also implemented a free trade agreement in May 2022

Assam Cabinet approves new bill for development of tourism sector

Assam Chief Minister Himanta Biswa Sarma chaired the cabinet meeting at Lok Sewa Bhawan in Dispur

India's aviation sector needs to clarify insolvency laws, says ACG

India amended its insolvency laws last October to exclude leased aircraft from assets that can be frozen in a bid to address discrepancies between local and global rules

Strict legal action if manual scavenging is practised: Karnataka CM

The CM called upon the people to outrightly reject the opponents of the constitution

Laser strikes against aircraft including planes surged to new record: FAA

The FAA said pilots have reported 313 injuries since the agency started keeping records in 2010