Page 7 - Industry News

Govt should adopt flexible approach to ethanol-blending programme: ICRIER

India has rapidly expanded its Ethanol Blended Petrol (EBP) Programme

Steel prices set to rise further on coking coal costs, demand revival

Higher prices could help mills recover margins ‌squeezed by surging coking coal costs, but infrastructure, construction ​and auto companies face higher input ​costs just as demand picks up

White-collar hiring rises 14% in August, led by auto, healthcare: Report

The overall Naukri JobSpeak Index touched 3,028 compared to 2,664 in August last year, according to a report by Naukri.com, Info Edge's flagship brand

AI in healthcare: Remote monitoring next growth frontier, says report

The report reveals that Indian healthcare providers are shifting AI from experimental testing to real-world applications

Raids, shutdowns, warning labels: India's unprecedented food safety push

Intensified inspections, licence suspensions and a proposed front-of-pack warning label are putting restaurants and India's more than $100-bn packaged food industry under growing regulatory scrutiny

Indian pharma market grows 10.7% in August despite 3-month volume low

Pharma sales value rose to Rs 23,272 crore in August, driven by new introductions and double-digit growth in key acute and chronic therapies, even as volume growth slowed

Alternative fuels zoom past petrol in share of PV sales: Fada data

This comes at a time when customers are raising concerns over the E20 (20 per cent ethanol and 80 per cent petrol blended) fuel

India Inc's ECB, FCCB borrowing intent rises to $7.7 billion in July

Indian companies filed proposals to raise $7.70 billion through ECBs and FCCBs in July, up from $6.09 billion in June, with NBFCs among prominent borrowers

Gold loans surge at NBFCs in July as banks see moderation in growth

NBFC credit against gold jewellery grew 68.5 per cent year-on-year in July, while growth at banks moderated to 88.1 per cent from 136.4 per cent a year earlier

India Inc's biz confidence in Q2 highest in 3 qtrs: CII's Expectation Index

The improvement was driven primarily by expectations for the quarter ahead, as easing West Asia disruptions and resilient domestic demand lifted business sentiment

Corrective supply steps on to tackle stock situation, says CoalMin

Rake loading to the power sector rose to 444 rakes on September 6 from 370 on September 3, as the ministry stepped up measures to ease critical coal stocks

Udaan buys Swiggy's LYNK for ₹500 cr as e-commerce firm readies for IPO

As part of the transaction, Swiggy will acquire about a 2.8 per cent stake in Udaan and invest Rs 75 crore in parent entity TIPL for an additional 0.4 per cent stake

Data centres turn to air cooling to ease India's water woes: Is it enough?

India's AI data-centre boom is intensifying concerns over water and power use, highlighting the need for policies that balance rapid digital infrastructure growth with sustainability

CCI rejects interim relief plea against Mrs India Inc in competition case

The competition regulator said granting the relief while the matter was under investigation by the Director General would have the effect of prejudging the issues

Arnya launches ₹750-crore preferred equity fund with Casagrand Premier

The Category II AIF will invest ₹75 crore-₹200 crore across around eight to 10 Casagrand projects, primarily in Chennai, Bengaluru and Hyderabad

India's battery industry to generate up to 2 mn jobs by FY30: Adecco India

The industry could create 1.5-2 mn jobs by 2030, with about 25 per cent direct jobs and 75 per cent indirect jobs, with hiring expected to grow by 25-30 per cent annually, according to Adecco India

CBIC issues checklist for faster clearance of drugs, cosmetics imports

These products require certain mandatory compliance in terms of licenses, permissions, and registration certificates, as per the provisions of the Drugs and Cosmetics Act, 1940

Coal ministry steps up supplies as rake loading rises 20% in four days

Rake loading to the power sector increased from 370 on September 3 to 444 on September 6, while corrective supply measures were put in place for plants with critical stocks

Isro's private-sector push: How close is India's space model to Nasa's?

Isro is expanding private-sector participation while retaining core responsibilities. Is its emerging model similar to Nasa's approach?

Indian health activists lodge concerns about food warning proposal in court

Proposal to implement red warning labels has jolted $100 bn packaged food ‌industry that long opposed such measures, but is also angering activists who have publicly criticised the plan as too lenient