Page 57 - Industry News

Indians chase adventure tourism, bookings log double-digit growth in 2025

Indians are increasingly chasing experiences, with adventure tourism bookings recording high single-digit to double-digit growth in 2025 across age groups and destinations

India entered semiconductors late but will soon start exporting: Amit Shah

Speaking at the Abhyudaya Madhya Pradesh Growth Summit, he praised the BJP government in the state for the registration of 4.57 lakh MSMEs (Micro, Small and Medium Enterprises) in just one year

Over 55K tourists likely to visit Rajasthan for New Year celebrations

Tourism experts estimate that during the December-January period, tourism-related business is expected to touch over ₹500 crore

Chhattisgarh to develop Bhoramdeo on lines of Kashi Vishwanath Corridor

Nestled in the mountain ranges of Kabirdham district, Bhoramdeo has an ancient temple dedicated to Lord Shiva, about 125 km from Chhattisgarh capital Raipur

Industrial-logistics space demand hits record 76.5 mn sq ft this year

Delhi-NCR remained the best performer, with leasing of 13 million square feet this year compared to 9.8 million square feet in 2024

Risk of AI disruption to white-collar jobs lower in India: IT Secretary

Krishnan said while some may believe AI will eliminate the need for workers entirely, he disagrees

Thermal plants missed biomass targets due to supply challenges in FY25: APP

Association of Power Producers noted that the domestic market for torrefied biomass pellets -- mandated for plants equipped with ball and tube mills -- remains significantly underdeveloped

India becomes world's third-largest fuel retail market with 100,000 pumps

India now ranks third globally in fuel retail network after the US and China, each of which operates 110,000-120,000 pumps across much larger geographies

India to assume chair of Kimberly Process from Jan 1 for third time

As defined in United Nations Security Council resolutions, conflict diamonds are rough diamonds used by rebel groups or their allies to finance conflicts that undermine legitimate governments in world

Signature Global to invest ₹4,800 crore on new housing project in Gurugram

In the first phase, the company is offering 50 per cent of the total units for sale in a price range of ₹3-4 crore per unit

Indian retail eyes strong growth as demand shifts to Tier II, III cities

With policy interventions such as GST reforms and income tax relief, coupled with a good monsoon and higher Minimum Support Prices (MSP), the industry anticipates a silver lining in consumer demand

Corporate India flags concerns over high employee costs under Labour Codes

Under the Code on Wages, fixed term employees are now eligible for payment of gratuity if they serve for a minimum period of one year

Let bars be open till 5 am during year-end: Hotels body to Maha govt

HRAWI has sought a limited extension for excise-licensed hotels and restaurants to serve till 5 am on December 24, 25 and 31, seeking clarity for planning and crowd management

Christmas-New Year week brings cheer as restaurants, pubs eye 30% uptick

Sold out for Christmas brunch, heavy footfall on New Year eve leads to 30% uptick in business for eateries

Hotels see jolly December as festival travel lifts business by 30%

Festive travel demand peaks as hotel bookings jump nearly 30% in December, pushing room rates and airfares higher across popular leisure destinations in India

Mixed resources to contribute 20-25% of 75-85 Gw RE capacity in FY26, FY27

Policy support and robust pipeline to drive additions; transmission and PPA delays remain key execution risks

Centre proposes allowing captive miners to sell surplus mineral output

Draft mineral concession rules propose letting captive mine owners sell surplus output after meeting end-use needs, alongside steps to ease operations and promote deep-seated exploration

DoT seeks approval to add 23,000 BSNL base stations next financial year

Total BTS number may rise to 123,000, approval sought from govt

NHAI gets Sebi nod for RIIT as InvIT, to broaden public participation

RIIMPL has been established as a collaborative venture with equity participation from leading banks and financial institutions

Govt seeks industry partners via EoIs to upgrade ITIs, NSTIs under PM-SETU

MSDE has invited EoIs to onboard anchor industry partners for the Rs 60,000 crore PM-SETU scheme, under which the Centre plans to upgrade 1,000 ITIs and five NSTIs