Page 6 - Industry News

Biz compliances major friction point for firms, stakeholders tell panel

A parliamentary panel has flagged India's heavy compliance burden, saying overlapping rules and approvals continue to raise business costs despite deregulation efforts

FMCG firms signal Q2 price hikes as input costs stay high, demand resilient

Britannia, HUL, Dabur, Godrej Consumer and Tata Consumer are weighing further price increases or shrinkflation in Q2FY27 to protect margins

BIS to scale up silver hallmarking testing as buyers shift from costly gold

Silver hallmarking has been voluntary since 2005, and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity

Premiumisation lifts liquor firms' June quarter topline amid cost headwinds

Leading liquor makers reported strong growth in premium and luxury spirits in the June quarter, helping boost revenue and margins

Maharashtra govt may bring Swiggy, Zomato, Zepto under bike-taxi rules

Proposed changes could require delivery platforms to run EV fleets, track vehicles, provide insurance, and contribute 2% of each ride's fare to a driver welfare fund

FSSAI won't ease 'energy drink' label deadline, unnerving companies

PepsiCo, Red Bull, Monster and Reliance face a 90-day deadline to drop 'energy drink' labels from high-caffeine beverages

Govt-Meta talks turn technical; company outlines measures to curb deepfakes

The Centre asked Meta to strengthen action against deepfakes, CSAM and unlabeled AI content, with regular follow-ups planned to monitor compliance with Indian laws

Govt weighs incorporating trade-margin rationalisation into DPCO

No deadline set for policy; non-scheduled drugs account for 82% of market, average channel markup on common dosage forms is 43%

Only 4 cases of ethanol contamination reported so far, says Hardeep Puri

Of 2,000 fuel samples collected each day, only 4 cases of fuel contamination have been reported so far, oil minister Hardeep Singh Puri noted

Despite liquor ban, crimes against women rising in Bihar: NCAER study

Paper cites loss of state's excise revenue, expansion of illicit liquor trade

Odisha set to launch India's first rail-tech manufacturing park soon

The proposed facility at Sahaspur industrial estate will offer common infrastructure and services to railway manufacturers, ancillary units, MSMEs and technology firms

India weathered Hormuz disruption without fuel shortages: Puri

India shielded consumers from Strait of Hormuz disruptions by diversifying crude and LPG supplies, expanding refining capacity and boosting domestic production, Puri said

Real estate, cruise set to drive Mumbai Port's future revenue growth

Mumbai Port Authority plans to widen its revenue base through estate monetisation, cruise tourism, marina facilities, logistics infrastructure and PPP-led development

Indian pharma market rises 12.1% in July on broad-based therapy growth

The market recorded sales of Rs 23,193 crore in July, with cardiac and anti-diabetic therapies posting double-digit growth and four leading segments accounting for 46.6 per cent

Delhi HC quashes criminal cases against retailers in 2015 Maggi controversy

Delhi High Court quashed criminal cases against Maggi retailers, citing Supreme Court-backed scientific findings that undermined the basis of the 2015 prosecution

SC notice to telcos on Centre's plea against one-time spectrum charge order

The Centre has challenged a Bombay High Court judgment striking down the retrospective levy, which carried liabilities exceeding Rs 20,000 crore for Airtel and Vodafone Idea

GeM crosses ₹20 trn procurement milestone; MSEs account for 45.6% of GMV

The government procurement platform has facilitated more than 3.78 crore orders in a decade, with MSEs fulfilling orders worth over Rs 9.07 lakh crore.

West Asia demand to soften, India to make up for dip: Thomas Cook CEO

West Asia demand may remain at 60-65 per cent of FY26 levels, while domestic and short-haul travel are expected to help Thomas Cook offset the decline in FY27

WB to link industrial incentives with job creation: Industries Min. Roy

West Bengal plans to link industrial incentives to jobs created rather than investment, with a new policy and a Rs 5,000-crore incentive programme expected this month

Montra Electric, TVS VMS deploy 57 e-trucks, target 300-plus in FY27

TVS VMS will deploy the first batch of Rhino electric heavy commercial vehicles on a 190-km freight route in Chhattisgarh, supported by dedicated charging stations