Page 7 - Industry News

Gen Z to command $1.3 trillion consumption in India by 2030: Report

Gen Z's emphasis on aesthetics is evident in their engagement with the BPC sector. By 2030, this group is projected to account for nearly $19 billion share of India's BPC market

New labour codes likely to drive wider adoption of fixed-term employment

Three-fourths of companies expect wider use of fixed-term contracts as new labour codes push firms toward greater workforce formalisation and compliance

Aluminium Association of India seek RoDTEP relief to stay competitive

Aluminium industry seeks exemption from the recent RoDTEP rate cut, warning that reduced export incentives could hurt competitiveness amid rising global trade barriers

Coal India aims to ensure power at fair price amid West Asia crisis

Coal India contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation

ICAR to build national gender platform to boost women's role in farming

The declaration commits stakeholders to champion gender-responsive policies, ensure women's access to land, finance, technology and digital innovation

Smaller towns to drive next growth cycle in Indian housing market: Report

The consultant mentioned that the next phase of growth in India's housing market would come from tier II and tier III cities

Oil companies weigh refinery price freeze, move may hit MRPL, CPCL

International oil prices have risen to over $100, but retail petrol and diesel prices in India have remained unchanged, forcing oil marketing companies (OMCs) to absorb the impact

India's gems, jewellery exports up 3.86% at $2,680.79 mn in Feb: GJEPC

The overall exports stood at $2,581.08 million (Rs 22,460.13 crore) during the corresponding month of 2025, GJEPC data showed

Intensify proactive monitoring of duopolistic sectors: Parl panel tells CCI

The Competition Commission of India (CCI) has the mandate to curb anti-competitive practices and promote fair competition across sectors

Govt stops LPG supply to PNG households as regulator pushes gas rollout

The amended order also prohibits government oil companies and their distributors from providing domestic LPG connections or refilling cylinders for consumers who already have a PNG supply

LPG crisis: Orders from restaurants start recovering, says magicpin

Orders in cuisines that rely significantly on LPG-based cooking initially saw a dip of about 5-10 per cent, but demand has started to recover as restaurants adjust their operations

MSMEs face operational crisis as LPG shortage threatens jobs, growth

AIE National Chairman K E Raghunathan said for thousands of small industries, commercial kitchens, and food processors, "LPG is not just fuel, it is the lifeline of daily production"

Govt prohibits PNG users to hold LPG cylinders amid supply shortage

India is facing tightening of LPG supplies as nearly 90 per cent of the country's LPG imports originate from the West Asia

Delhi govt caps commercial LPG supply at 20% of daily average use

Restaurants and eateries, which represent one of the largest commercial consumers, have been allotted the largest share at 42 per cent of the regulated supply

Geopolitics, AI posing challenges to corporate governance: Industry body

The technical sessions explored how internal audit must evolve beyond traditional assurance roles to become forward-looking, insight-driven partners to management and boards

West Asia crisis: India engages key players to secure energy supplies

West Asia has been a major source of India's energy procurement

Centre amends electricity rules to clarify norms for captive power

Generating power closer to the point of consumption will help reduce transmission losses, improve system efficiency and strengthen grid resilience, the Ministry of Power said in a statement

Greater Bengaluru Authority plans more biogas plants to process wet waste

According to him, at present, biogas is being produced from 10 tonnes of waste at the Kasa-Rasa facility and supplied to a nearby hotel

Projects worth ₹17,000 crore announced in Vidarbha to boost economy

Fadnavis said Vidarbha has abundant mineral wealth, and the two projects set to come up in Bhadravati aim to utilise these resources in a pollution-free manner

Karnataka clears ₹4,824 crore industrial projects, to create 14,525 jobs

Two are additional investment projects amounting to ₹565.03 crore, creating employment for 300 people