Page 6 - Industry News

Govt moves to curb cheap penicillin-based drug imports for 1 year

Centre imposes one-year minimum import price on key penicillin inputs to check Chinese dumping and protect domestic bulk drug manufacturing

Economic Survey flags rising risks for startups in technology and AI

The report backs innovation as a growth driver but warns that costly capital, long-duration investments and narrow margins of safety could test India's early-stage enterprises

Govt notifies coking coal as critical mineral to cut import dependence

The Centre has notified coking coal as a critical mineral to speed up mining, attract private investment, and cut India's heavy dependence on imports for steelmaking

Rural India fuels internet use, growing 4 times at pace of urban: Report

India's total internet user base is now inching close to a billion users, with the active internet user (AIU) base at 958 million

Eco Survey flags restrictive land-use norms as key drag on realty supply

Restrictive land-use rules and low FSI caps are choking housing supply, turning land into dead capital and worsening affordability, the Economic Survey 2025-26 warns

India's internet user base crosses 950 million in 2025: IAMAI report

The report also revealed that rural India accounts for 57 per cent of India's active internet users, i.e, approximately 548 million active users

6,000 MWh energy storage system in the works for power supply in Rajasthan

Rajasthan is developing a 6,000 MWh battery storage system and scaling solar, transmission and digitisation to ensure reliable power supply for farmers and future demand

India-EU trade pact: India offers 30% duty reduction on imported wine

Sula Vineyards sees limited impact only on premium range, lauds trade pact

India-EU free trade pact set to redraw growth map for Indian CDMOs

India-EU FTA could transform India's CDMO sector by cutting pharma tariffs, easing regulations and deepening Indian integration into Europe's drug supply chains

India-EU free trade agreement: CBAM rules strain India's steel MSMEs

At least 10 consignments held at European ports this month; order cancellations on the rise

ONGC, BP tieup boosts oil production from Mumbai High by 3,500-4,000 bpd

ONGC had onboarded BP as Technical Services Provider (TSP) for Mumbai High in February 2025 to boost production, while retaining ownership and operational control of the field

Will offer 'attractively priced' energy to India: Canada minister Hodgson

India and Canada are looking at boosting energy trade focused on oil, LNG and LPG

Industrial output hits all-time high in Dec on manufacturing, power gains

IIP growth was fastest in 26 months at 7.8 per cent in December

PLI and improving demand to favour electronics MSMEs: SME Tracker

PLI-led manufacturing push and improving domestic demand are expected to drive double-digit growth for electronics MSMEs, with margins seeing modest expansion

India-EU trade deal likely to help GLP-1 therapies become cheaper

India-EU FTA to lower tariffs on pharma, potentially making GLP-1 therapies like semaglutide cheaper and boosting adoption among diabetics in India

Geopolitical turmoil, softer oil prices to lift oil firms' FY26 dividends

Lower crude prices, strong refining and marketing margins may help state oil companies double dividends to the government in FY26 despite geopolitical risks

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Crisil expects India's cigarette volumes to fall 6-8% next fiscal as higher excise duty and GST from February squeeze demand, especially in the mass segment

SC rejects Tata Sponge Iron petition against Odisha entry tax law

Supreme Court rejects Tata Sponge Iron's challenge to Odisha Entry Tax Act, upholds High Court ruling and denies refund claim

Ayush Ministry signs MoU with Zepto to enable online sale of medicines

The memorandum of understanding (MoU) aims to strengthen digital discovery while ensuring quality compliance and consumer trust in traditional healthcare products

Global energy players interested in expanding biz presence in India: Modi

Modi interacted with global energy giants and Indian companies' CEOs at his residence as part of the ongoing India Energy Week (IEW) 2026