Page 64 - Industry News

West Asia crisis: Piled-up cargo, frozen orders hit textile industry

Vessels wait outside ports as buyers in the UAE and Gulf pause shipments, raising freight, insurance and margin risks for Tiruppur and Surat exporters

Tea exporters brace for disruption as West Asia conflict hits shipments

Indian tea exporters face rising uncertainty as the West Asia conflict disrupts payments, shipping and freight costs, threatening flows to key Gulf markets that account for over 40% of total exports

FMCG companies worried about price pressure amid West Asia conflict

FMCG firms exporting to West Asia are monitoring the Iran conflict as rising crude prices and supply chain risks threaten higher packaging and freight costs, with exporters bracing for volatility

Tea exporters brace for disruption as West Asia conflict hits shipments

Indian tea exporters face rising uncertainty as the West Asia conflict disrupts payments, shipping and freight costs, threatening flows to key Gulf markets that account for over 40% of total exports

Bombay HC asks Centre, Maharashtra to rule on Imagicaa incentive plea soon

The Bombay High Court has directed the Centre and Maharashtra to take a time-bound decision on Imagicaaworld's plea seeking an extension of tourism incentives for its theme and water parks

Strong demand, low credit costs to keep gold-loan NBFC profits healthy

Crisil Ratings expects gold-loan NBFCs to maintain strong profitability as rising demand, better operating leverage and benign credit costs support returns over the next two fiscals

Uttar Pradesh govt to carve out 1,000 acres for Singapore, Japan firms

'Each enclave will cater to investors from their respective countries across a range of industries and domains,' said a senior state official

Rajasthan govt streamlines ODOP, MSME approvals to ease doing business

Rajasthan streamlines ODOP and MSME approvals, delegates powers to district GMs and shifts fully online to speed up clearances and boost ease of doing business

Nasscom asks IT firms to avoid travelling to West Asia, allow WFH

The current situation in the Middle East is marked by a sharp escalation in geopolitical tensions amid the escalating US-Iran conflict

Exporters seek demurrage waiver as West Asia disruptions delay cargo

Airport demurrage charges are fees on cargo or baggage at an airport terminal being kept beyond the allowed free period

Top 5 listed realtors' sale bookings up 20% at ₹84,000 cr in Apr-Dec FY26

According to the data compiled from regulatory filings, the total combined sales bookings or pre-sales of 28 major listed realtors stood at ₹1,32,569 crore during April-December period of 2025-26

Billionaire Nirmal Jain bets on India's wealth boom to hire, woo assets

IIFL Capital Services Ltd.'s wealth book of about ₹60,000 crore ($6.6 billion) will expand 80 per cent to 100 per cent over the next 24 months, Jain said

GIC Re to withdraw marine hull war risk cover in high-risk regions

Reinsurer withdraws marine hull war risk cover across key global hotspots, including West Asia and parts of the Black Sea, citing rising geopolitical tensions

TCS, Infosys, Wipro and others issue advisories for employees in West Asia

Indian IT majors including Tata Consultancy Services, Infosys and Wipro suspend travel and urge staff in West Asia to stay indoors as the US-Israel-Iran conflict shuts airspace across the region

Power consumption grows marginally by 1.86% to 132.99 bn units in Feb

According to the government data, the peak power demand met or the highest supply during February, also rose slightly to 243.15 GW from 238.06 GW recorded in February 2025

West Asia crisis: Govt, exporters to meet on Monday to review trade impact

Exporters have expressed serious concerns that the war will affect trade routes through the Strait of Hormuz and the Bab el-Mandeb Strait

Domestic travel surges ahead of Holi as bookings jump across categories

Flight, bus and hotel bookings are rising sharply ahead of Holi, with strong tier-II and III demand and a surge in destination searches as travellers plan extended festive getaways

Semicon 2.0 to boost deep tech startups, create design ecosystem: Vaishnaw

Vaishnaw said that the top priority for Semicon 2.0 - the second phase of India's Semiconductor Mission - will be to create a "design ecosystem

Mumbai sees best Feb property sales in 14 yrs with 13,000+ registrations

Mumbai logged 13,029 property registrations in February 2026, the strongest performance for the month in 14 years, with stamp duty collections rising 21 per cent, Knight Frank India said

Nvidia partners with telecom firms to make sure 6G networks embrace AI

Nvidia is teaming up with a group of telecommunications companies including Nokia Oyj, SoftBank Group Corp. and T-Mobile US Inc