Page 58 - Industry News

Housing sales slip to 17-quarter low in Q4 2025; launches fall 10%

Housing sales in the top nine cities fell 16% year on year to 98,019 units in Q4 2025, while new launches declined 10%; developers call it a phase of market realignment

Binding FTA commitments to lift Indian professional services: Commerce secy

Commerce Secretary Rajesh Agrawal says binding FTA commitments on professional services can open global opportunities, as India focuses on skills, mobility and digital delivery

New dark patterns every day; govt working daily to address: Pralhad Joshi

Consumer Affairs Minister Pralhad Joshi says firms are innovating on dark patterns, prompting daily complaints; he cites NCH refunds and CCPA actions in 2025

Sports Ministry launches paid internships; 452 slots, ₹5.3 crore outlay

The Sports Ministry has rolled out a Comprehensive Internship Policy offering 452 paid internships a year across SAI, NADA and NDTL, with a Rs 20,000 monthly stipend

India's diagnostics market shifts to preventive, precision testing in 2025

India's diagnostics sector is seeing a strong shift towards preventive and precision-led testing in 2025, driven by rising demand for proactive health checks and faster genomic diagnostics

Net office leasing in top Indian cities hits record 55 msf in 2025: Report

Despite headwinds such as information technology (IT) layoffs and global tariff tensions, office leasing is expected to grow 10 per cent year-on-year (Y-o-Y) from 49.95 msf in 2024

'Cohesive regulation key to boost investor confidence in non-fossil fuels'

The government has an ambitious target of having 500 GW non-fossil fuel-based power generation capacity by 2030

Office leasing up 6% in 2025 across top 7 cities on better demand: Report

Real estate consultant Colliers India on Wednesday noted that the office demand is expected to remain robust next year, driven by growth in technology and BFSI

Sustained growth, more tourists: New Year's wish for hospitality sector

A harmonised infrastructure status for the hotel industry could unlock significant capital inflows for the sector, as it will facilitate easier financing

Eli Lilly, Novo Nordisk compete for lead in India's obesity drug market

Novo's strategy emphasises price cuts and accelerated launches, while Lilly's products benefitted from hitting the market early

CRISIL SME Tracker: Sugar MSMEs set for steady growth amid diversification

The government's Financial Assistance to Sugar Mills for Enhancement and Augmentation of Ethanol Production Capacity has prompted MSME sugar players to diversify into distilleries

Easing of liquor policy for GIFT City to boost hospitality, investments

Gujarat has eased liquor rules in GIFT City by removing temporary permits for visitors and allowing licensed hotels and restaurants to serve across premises, while prohibition stays statewide

Costlier chips may squeeze 2026 smartphone sales as prices jump 40%

Increasing shortage of memory chips expected to push up its price by another 40 per cent

Real estate developers expect rate cut to boost housing sales momentum

Developers say lower home loan rates after RBI repo rate cuts have improved affordability across major cities, supporting buyer confidence and housing sales momentum into 2026

India ordered 93 million biryanis in 2025, Swiggy report shows trends

Burgers ranked second with 44.2 million orders, followed by pizza at 40.1 million. Veg dosa recorded 26.2 million orders

NTPC to set up 1 tonne-per-day green hydrogen plant in Greater Noida

The project will be set up through NTPC Energy Technology Research Alliance (NETRA), the Research & Development (R&D) wing of NTPC

India reclaims third place in global wind market in 2025: BNEF report data

BloombergNEF says India is set to add 6.2 GW of wind projects in 2025, helping it reclaim third place globally and narrowing the gap with the US in second place

Business@2025: From tax reforms to trade pacts, a year of course correction

The government moved to steady the economy amid global uncertainty. Crises at IndiGo and BluSmart, meanwhile, underlined the need for tighter oversight and stronger governance

Five first-time bidders enter 14th round of commercial coal auctions

Five companies bid for coal blocks for the first time as the 14th round of commercial coal auctions drew 49 bids for 24 blocks, signalling continued private interest in mining

Lower home loan rates improve affordability in 7 of 8 cities: Knight Frank

Knight Frank's Affordability Index shows lower home loan rates improved affordability in seven of eight top cities in 2025, with Mumbai's EMI stress falling below 50 per cent