Page 71 - Industry News

India's EPC sector to create over 25 million jobs by 2030: Report

The 'EPC Sector Market Outlook 2025 Study' is based on a quantitative methodology, with hiring demand derived from 2,27,000 job postings from July 2024 to August 2025 across leading job portals

India cautions lenders on financing new solar module units amid oversupply

Several Indian companies have expanded solar module capacity over the past three years, targeting exports to the United States

RBI's 25-bps repo rate cut may revive housing demand as EMIs ease

The rate cut comes at a time when housing sales across the top Indian cities are moderating, with affordability concerns being one of the key factors behind the plateauing

RBI to maintain ample banking liquidity without targeting surplus levels

Net liquidity in the banking system was in a surplus of ₹2.6 trillion on Thursday, latest RBI data showed

Tata Semiconductor, Cyient, Applied Materials bag SCL modernisation tender

Applied Materials has emerged as the successful bidder for supply and implementation of the manufacturing execution systems software along with the equipment automation

Quick commerce drives 45% of festival purchases this year: Report

The top three platforms, Blinkit (45 per cent share), Swiggy Instamart (25 per cent share) and Zepto (23 per cent), together have about 90 per cent market share

Simone Tata: The pioneer who built India's first beauty brand

Simone Tata, the woman who built Lakme into India's first homegrown beauty brand and later shaped Trent and Westside, leaves behind a legacy that transformed fashion and retail

Inside India's new wedding wonderland: Couples reinvent the big day

From wine-reading stations to Interstellar sangeets, couples are reimagining their big day to make it personalised, immersive

Foreign firms' remote services not taxable in India without presence: HC

The ruling came while dismissing appeals filed by the Income Tax Department, which had challenged the Income Tax Appellate Tribunal's decision in favour of a Singapore-based legal services firm

Saudi Arabia cuts crude rates as India buys more oil from the US, Russia

Saudi Arabia is offering more competitive rates amid widening discounts of $5-7 per barrel offered on Russian Urals barrels and a surge in purchases of US crude oil by India

Patient bodies seek Russia-like funding for rare diseases treatment

A leading rare disease group urges India to adopt a Russia-style dedicated fund and tax-based model to ensure sustained treatment support beyond the current ₹50-lakh cap

IndiGo CEO apologises for flight chaos, says ops to stabilise by mid-Dec

IndiGo CEO Pieter Elbers apologised for the unprecedented cancellations and said disruptions should ease from Saturday, with full operational stability expected between December 10 and 15

LS clears bill to impose cess on pan masala units for health, security

The proposed Health and National Security Cess, which will be over and above the GST, will be levied on the production capacity of machines in pan masala manufacturing factories

IndiGo apologises for disruptions, offers refunds and full waiver to flyers

In an official statement, IndiGo acknowledged the inconvenience caused to passengers and expressed regret over the situation

Centre wants greater phone-location surveillance, top phonemakers protest

A measure to track device-level location has no precedent anywhere else in the world, lobbying group India Cellular & Electronics Association (ICEA), which represents both Apple and Google said

Adani, Hindalco eye investments in Peru's copper sector as demand surges

India, the world's second-biggest importer of refined copper, may have to source 91 per cent-97 per cent of its copper concentrate requirements from overseas by 2047

Memory chip prices are soaring: Here's how smartphone prices could be hit

Smartphone buyers face higher costs as memory chip prices surge. Rising DRAM and storage module costs are pushing brands to hike device prices affecting budget and mid-range segments through 2026

Russia's Rosatom delivers first batch of nuclear fuel to Kudankulam plant

A cargo flight operated by the Nuclear Fuel Division of Rosatom delivered fuel assemblies manufactured by the Novosibirsk Chemical Concentrates Plant

India's 12-hour workday pushes the wrong kind of capitalism forward

It's a relief that the four new labour laws that New Delhi has brought in, after delaying them for five years for fear of political backlash, haven't gone that far

World's ability to deliver on climate change has sharply reduced: Saran

According to 2015 Paris Agreement, countries commit to limit global average temperature rise to well below 2 degrees Celsius above pre-industrial levels, while aiming to limit increase to 1.5 degrees