Page 690 - Industry News

Israel-Hamas conflict clouds loom over crude oil and LNG supplies

Iran getting drawn into Israel war could hamper nearly 80 percent of liquified natural gas flows to India

Airtel vs Jio: Is satellite communication next battleground for disruption?

It is Airtel vs Jio again as a new wave of satellite communication promises to take broadband internet to the remotest corners

FinMin holds meet with heads of private general insurers on sector growth

Several critical issues having implications for general insurance sector were discussed in detail, including awareness building through continuous interaction with states under State Insurance Plan

Global Maritime Summit: VPA inks deals with NHAI, Trion worth Rs 1,400 cr

The port authority inked these deals at the ongoing Global Maritime India Summit, 2023 in Mumbai

Centre mulls stricter UPI transfer regulations to curb illegal betting

The Centre has found 114 illegal betting and gambling platforms operating in the country. Such platforms are taking in UPI payments through proxy bank accounts

Fair share charge does not affect access to an open, free internet: COAI

Firing a fresh salvo in an escalating war of words, the Cellular Operators' Association of India (COAI) alleged that all concerns being raised are devoid of facts

This season may see wedding business worth Rs 4.25 trillion in just 23 days

3.5 million weddings are expected to take place between November 23 to December 15, with a majority of people spending on average Rs 10 lakh per wedding, says a survey by traders body, Cait

India to see 'healthy growth' in steel demand at 8.6% in 2023: Worldsteel

The Indian economy remains stable against the pressure of high interest rate environment, and the steel demand is expected to continue its high growth momentum

US, Korea raise concerns on India's import restrictions on laptops, PCs

The concern was flagged in the meeting of WTO's Committee on Market Access. It was chaired by Renata Crisaldo of Paraguay on October 16, in Geneva

Rs 10 trn investment, over 300 MoUs on cards during Maritime Summit

Sonowal said that this is the 3rd edition of the Global Maritime India Summit 2023 before this it was also organized in 2016 and 2021

Sales of apartments in Jan-Sep rise 21% to 196,227 units: JLL report

The seven cities tracked were Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, and Pune. Mumbai includes Mumbai city, Mumbai suburbs, Thane city, and Navi Mumbai

Download speeds on mobiles catch up with fixed broadband shows Ookla index

Most telcos say the speed will surpass fixed broadband as the 5G roll out, which is currently on 360,000 towers, crosses 400,000

Jaipur's lac bangle industry shines on demand, worth Rs 75-80 crore

The 250-year-old lac bangle industry is primarily unorganised; hence, no official data is available on its market size

Centre mulls stock limit on sugar if full disclosure doesn't come by Oct 17

Additionally, the government is likely to extend the current restrictions on sugar exports indefinitely after October 31

OMCs to prepare joint roadmap on green hydrogen push, to tap cleaner fuel

Move to better map and service demand for green hydrogen beyond captive use for oil refineries

Petrol, diesel sales fall in first half of Oct ahead of festive season

Suppliers' group OPEC sees India's oil demand expanding on average by 2,20,000 barrels per day on the back of vigorous economic growth

License fee by telecoms to be treated as capex not revenue expenditure: SC

This decision overturns previous rulings by the Delhi, Bombay, and Karnataka High Courts, which had favoured the telecom firms

Global investments in space startups show signs of recovery in Q3: Report

"Despite continued headwinds in financial markets, the world is waking up to the importance of space-based technologies," Space Capital said

QCI takes on board 1,500 'sarpanchs' for quality development of villages

Shah said the QCI has been working with around 500 local bodies for various projects

ADB approves $181 mn loan to build infra in Ahmedabad's peri-urban areas

The project is also supporting 10 junction improvements along the existing Sardar Patel Ring Road to improve connectivity of peri-urban areas to Ahmedabad city