Page 7 - Industry News

Budget: Oil & gas sector seeks GST relief, LPG under-recovery compensation

The upstream sector wants a reduction in cess on crude oil, restoration of tax holidays for new blocks and exemption of exploration activities from GST

Budget 2026: Infra sector wants regulatory easing, higher capital outlay

ICRA sees 5% growth in rail budget

Trump meets oil executives at White House, seeks investment in Venezuela

Large US oil companies have so far largely refrained from affirming investments in Venezuela as contracts and guarantees need to be in place

SC flags delay in criminal justice, pulls up 23-year-long trial stay

HCs told to dispose of matters where criminal proceedings for grave offences frozen because of interim relief

Surge in non-NCR regions pushes 19% rise in new project registration in UP

Uttar Pradesh saw a 19% rise in real estate project registrations in 2025, with non-NCR cities driving more balanced growth, UP Rera data showed

Steel firms plan ₹4,000 crore IPO push as safeguard duty lifts outlook

According to industry insiders, the policy intervention is bound to help revive several fundraising plans that were earlier deferred amid weak equity sentiment, softer demand and import pressure

Results preview: Premiumisation may have driven Q3 realty growth

Top listed real estate developers are set for steady Q3 FY26 earnings, driven by festive demand, strong pre-sales, premium launches and improving cash flows

Govt likely to open bids to onboard nearly 12,000-15,000 Nvidia GPUs

The B100 and B200 are the latest technology GPUs offered by Nvidia and are built on the cutting edge Blackwell architecture offered by the company

AAIB suggests background recording of traffic controllers at int'l airports

The incident of the flight AFG311 from Kabul landing on the unassigned runway at the Delhi airport happened on November 23

India-led ISA to keep working to meet goals despite US withdrawal

The withdrawal would mean ceasing of US participation and funding to these organisations

Supreme Court bars tax on industrial machinery not meant for public roads

In its judgment, the court held that taxation under this entry cannot be extended to specialised equipment whose design and primary function are confined to industrial premises

AI push makes professionals feel unprepared to find job in '26: LinkedIn

Eighty four per cent of professionals feel unprepared to find a new job, even as 72 per cent say they are actively seeking a new role in 2026

Salary gap persists, fewer women take up executive roles, says study

Study finds women earn up to 30% less than men and hold 17% of executive roles

Govt proposes cutting timeline for companies to operationalise mines

Government proposes cutting the timeline to operationalise newly auctioned mines to two years, drawing concern from the mining industry over approval delays

Three key trends that will shape India's energy trajectory in 2026

India's energy sector in 2026 will be influenced by shifts in crude oil sourcing, the rising share of clean energy and the growing role of private capital in renewables, nuclear power and distribution

PIB clears ₹26,070 crore investment for 1,720 MW hydro project in Arunachal

The completion cost of the project is estimated at ₹26,069.50 crore, including IDC and financing charges of ₹4,815.64 crore

Giriraj Singh urges states to adopt investor-friendly textile policies

He said the conference aims to encourage brainstorming, innovation and idea sharing to help build a strong roadmap for strengthening the country's textile industry

Arbitration begins with notice, not court filing, says Supreme Court

Emphasising the settled position of law, the court observed that the start of arbitral proceedings is a statutory event and does not depend on the initiation of any court process

South Eastern Coalfields to invest ₹11.8 cr in Chhattisgarh healthcare

The Chhattisgarh-based arm of Coal India Limited (CIL) will take up the project through its corporate social responsibility (CSR) head, SECL spokesperson said

Rajasthan Chief Secy directs discoms to accelerate PM-KUSUM implementation

He also directed that projects with a capacity of 3,000 megawatt (Mw) under the scheme be developed by March 2026