Page 62 - Industry News

Food delivery platforms employed 1.37 million in FY24, says NCAER

For every ₹10 lakh of output generated on such platforms, output yielded for the economy is ₹20.5 lakh

Mamata govt courts investors ahead of West Bengal Assembly polls

Speaking at the conclave, RPSG Group Chairman Sanjiv Goenka said that over the last 15 years, the group has invested Rs 26,500 crore in the state

Mumbai airport to shut cargo flights for 10 months from August 2026

In FY25, Mumbai airport handled 8.9 lakh tonnes of cargo, accounting for nearly a quarter of India's total air cargo handled that year

Power ministry working on plan to boost domestic mfg of critical items

The authority has identified a list of 73 critical items through recent consultations with IEEMA and major industry stakeholders

Corporate ministry seeks Cabinet approval for 50 more NCLT courts

The Supreme Court, in one of its judgments, had said that a shortfall of members and the lack of requisite strength has led to tribunals only sitting for a few days of the week or a few hours in a day

In AI age, upskilling likely to create jobs in new areas: Meity secy

White-collar jobs relying on cognitive skills face the highest AI disruption risk, but reskilling and new job creation will outweigh losses, says MeitY Secretary S Krishnan

Govt may consider partial waiver of Vi's non-principal AGR dues: CLSA

Brokerage says moratorium alone won't get No 3 telco out of the woods

Parliamentary panel slams states for delaying revised mining scheme norms

Standing committee flags incomplete DMF projects, uneven funds and weak oversight in PMKKKY

Hotels, villas cash in as pet parents spend more on 'paw-cations'

Pet-inclusive accommodations, curated road trip packages on offer

India's food delivery sector generated ₹1.2 trn output in FY24: Report

Direct employment by the sector increased to 1.37 million in 2023-24 from 1.08 million workers in 2021-22

AI poses risk to white-collar jobs, focus must be on upskilling: MeitY secy

Krishnan explained that because AI is now directly challenging cognitive labour, white-collar workers are the most vulnerable to being automated out of their positions

India eases business visa norms in boost for Chinese manufacturing experts

The changes in visa rules are aimed at reducing delays and cutting paperwork that had slowed down visa approvals over the past few years

USFDA issues Form 483 with five observations to Aurobindo's Pharma unit

The company is committed to maintaining the highest quality manufacturing standards at all of its facilities across the globe, the drug firm said

India 'potential partner' in supply chain security-related efforts: US

Under Secretary of State for Economic Affairs Jacob Helberg said that the US is having "ongoing conversations with India about ways of "deepening our economic security collaboration

Recoveries to double for stressed roads by FY27 on traffic: Crisil

Crisil said ARC recoveries from stressed highway assets could exceed 120% by FY27 as BOT projects turn viable after debt haircuts, higher traffic and faster resolutions via NHAI payments and IBC

India tops global active users for AI apps; telcos to monetise: BofA report

BofA said India leads the world in daily and monthly active users for AI apps, giving Jio and Airtel scope to lift data usage, ARPUs and upsell personalised offerings through bundles

Multi-lane free flow toll collection by 2026-end, says Nitin Gadkari

India will roll out MLFF tolling nationwide by end-2026, enabling pay-as-you-drive travel, eliminating toll booths and cutting wait times and fuel losses

Eternal's Goyal tops Hurun India's 2025 self-made entrepreneurs list

Deepinder Goyal ranks first on the Hurun-IDFC FIRST Top 200 list of self-made entrepreneurs of the millennia, as newer consumer-focused ventures reshape India's wealth hierarchy

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

A parliamentary select committee has flagged the absence of timelines for the NCLAT in the IBC Amendment Bill, 2025, and proposed a three-month statutory deadline to curb appellate delays

Trai mandates 1600 series for insurance service calls by Feb 15, 2026

Trai has asked insurance-sector entities regulated by IRDAI to move service and transactional calls to 1600-series numbers by February 15, 2026, to curb spam and fraud