Page 605 - Industry News

IFSC needs to ready platform where green credits can be traded: Sitharaman

Last year the government had decided to allow listed and unlisted companies to directly list themselves on the IFSC (International Financial Services Centre) exchanges at GIFT City

Various initiatives taken to boost tourism in Andaman & Nicobar: Chief secy

Chief Secretary Keshav Chandra said that there will also be eco-friendly tourism infrastructure in four islands and 11 tourist sites

Institutional investments in Indian real estate fell to 5-year low in 2023

As foreign investors turned cautious, their investments in the real estate sector fell 30 per cent in 2023 as compared to 2022

Odisha clears 14 industrial projects worth Rs 1,713 cr to boost employment

The proposal of Jindal Stainless Ltd for setting up a roof-top solar power plant in Jajpur district at a cost of Rs 110.24 crore was also approved by the SLSWCA

In China+1 plan, Chennai right fit for non-leather footwear majors

Several suppliers of non-leather footwear players like Nike, Adidas, Puma, and Reebok have either set up their units in Tamil Nadu or are close to sealing a deal

Govt holds back $600 million plan to replenish strategic oil reserves

India has limited oil storage capacity, with space for only 39 million barrels of crude - barely enough for eight days of the country's consumption - to use in the event of an emergency

Nuvama Asset Management, Cushman & Wakefield plan commercial realty fund

The fund will eye opportunities in Grade A+ office space across micro markets in the top 6 cities of Bengaluru, NCR, Pune, Mumbai, Chennai, and Hyderabad

Chinese arrivals in Maldives rose to third spot in 2023, shows data

In CY 2023, Chinese footfall jump­ed to the third spot. They are very close to the numbers from India and Russia and may soon soar to the number 1 spot

Power sector financer REC likely to lead National Rooftop Solar scheme

Sources said REC will be made the nodal agency for the scheme to spread its reach across the country and plug the inefficiencies

One Nation, One Pass: Forest produce portal gets 24K applications

Transit permits are issued for tree species that are regulated, while the users can self-generate No Objection Certificates for exempted species

PM GatiShakti helping in better planning of infrastructure projects: Goyal

Interconnectivity of data layers is helping in better planning, monitoring, and implementation of infrastructure projects through PM GatiShakti

With MTHL on the road, Mumbai may see projects worth Rs 84K cr begin ops

The 37,276 crore worth Mumbai Metro line-3, connects the north of the city (SEEPZ) to south (Cuffe Parade) and is expected to start operations in two phases, first in April and second in September

Rodtep, personal computer imports on table at India-US trade policy forum

Trade policy meet may also take up issues like GSP, non-tariff barriers

Pricing to quality: West Bengal GoM to look into tea industry woes

The GoM would also be interacting with stakeholders of the industry to deliberate on the issues facing the industry and where the West Bengal government can help

'Duty cut on mobile phone inputs to boost local production, boost exports'

ICEA Chairman Pankaj Mohindroo said that the next phase of mobile manufacturing growth has to come from exports

India to grow into a $7 trillion economy by 2030, says PHDCCI report

The analysis is based on lead macroeconomic indicators including the GDP Growth, Export Growth, Gross National Savings, Total Investments, and Debt to GDP Ratio

130,000 participants from 140 countries registered for Vibrant Gujarat

Number of partner countries increased to 35 compared to 15 in 2019

Retail malls see robust growth with addition of 3.1 million sq ft in Q4

Major Indian developers for retail malls indicated that rising demand, tight vacancies, investments, and buyer inclination, are among the significant reasons behind the robust growth

India, UAE ink pact for possible energy grid connectivity between 2 nations

Other pacts signed are in sectors such as logistics, healthcare innovations and one which involves developing food parks, Foreign Secretary said

High tariffs impair India's global edge in smartphone sector: ICEA

India's simple average Most Favoured Nation (MFN) tariff for inputs is 8.5 per cent, higher than China's 3.7 per cent, says the report