Page 6 - Industry News

West Asia crisis: Govt explores ways to boost induction heater production

Govt discusses ramping up induction heater production as LPG supply concerns rise amid West Asia tensions, triggering surge in demand for electric cooking alternatives

Vedanta reports record production across businesses in FY26; defence push

Vedanta reports record production across core segments in FY26, while Chairman Anil Agarwal calls for reforms and private sector participation in defence manufacturing

FMCG firms expect high single-digit growth in Q4 despite global risks

FMCG companies expect steady growth in Q4FY26 driven by strong domestic demand, even as geopolitical tensions weigh on international markets

PNGRB extends national PNG drive till June, boosts compliance measures

Regulator extends PNG drive till June 2026 to accelerate CGD rollout and meet rising demand amid LPG supply concerns and push for cleaner energy adoption

Jan Vishwas law will ease compliance burden on businesses: India Inc

CII Director General Chandrajit Banerjee said the bill reaffirms India's resolve to build a modern, trust-based regulatory environment conducive to investment and growth

West Asia conflict hits Surat's textile biz on higher costs, fewer workdays

Some office-bearers claimed that the industry was currently facing losses of around Rs 100 crore every day

Railway Board move to split Khurda Road division triggers Odisha row

Move to shift Palasa-Ichchapuram section to Andhra's SCoR revives concerns over revenue loss and control of key railway assets in Odisha

Northern Coalfields' production rises 1.08% to 140.5 million tonnes in FY26

Coal India arm reports 1.08% rise in output to 140.5 MT in FY26, meeting targets and supplying bulk of dispatch to thermal power plants

Hero springs a surprise, emerges as top gainer in e2W market share

Hero MotoCorp gains ground in e2W market, Ola Electric loses share as EV growth remains uneven across states in FY26

One in 10 BFSI job applications misrepresented salary in H1FY26: Report

The firm said it reviews lakhs of candidate cases across two employee types -- white-collar and gig workers, using in-house verification platform

LPG crisis: Govt mulls boosting production of induction heaters, utensils

Sales of induction cooktops and electric kettles have surged in the wake of cooking gas supply concerns due to the war in West Asia, according to industry players

India in 'Goldilocks moment' marked by robust growth: ICICI Bank CEO

He highlighted transformative role of India's digital public infrastructure, including Aadhaar and UPI, in advancing financial inclusion, enhancing efficiency, and fostering innovation across sectors

PNGRB halts implementation of oil & gas consumer protection rules

The strict enforcement of certain provisions amid supply disruptions from the West Asia war may impact companies, the regulator said

Good Friday weekend drives surge in travel bookings, hotel demand

Rising preference for short-haul trips and late bookings is pushing up occupancies and room rates, with hotels and villa rentals reporting strong demand across key leisure destinations

India's 220 million feature phone users want to upgrade to smartphone

But they are stuck as smartphone prices hit the roof; Scindia pushes for incentivising affordable phones

Results preview: FMCG companies may see limited war impact in Q4FY26

Impact to be seen in Q1FY27

Govt asks refineries to reroute LPG feedstock to affected industries

This maximisation of LPG production was done by diverting streams that were previously used for making petrochemicals

Discom dues fall to ₹3,300 crore from ₹1.39 trillion: Shripad Yesso Naik

Outstanding dues of power discoms fall to Rs 3,300 crore from Rs 1.39 lakh crore in 2022, aided by LPS rules and reforms to improve financial health of utilities

ECoR tops freight loading as Railways earnings cross ₹1.7 trillion

East Coast Railway leads freight loading with record volumes in FY26 as Indian Railways earnings cross Rs 1.7 trillion, though revenue growth remains uneven across zones

Medtech, pharma welcome duty relief, seek GST cuts on key inputs

Industry welcomes customs duty exemption on petrochemicals but urges GST relief on inputs and faster refunds to ease cost pressures amid West Asia disruptions