Page 78 - Industry News

Stainless steel industry deserves dedicated policy: Jindal Stainless MD

Abhyuday Jindal has said the stainless steel industry needs a standalone policy rather than a mere chapter in the National Steel Policy

Telcos seek DPDP-telecom rules syncing; COAI to submit proposals to Meity

The ministry notified the rules on November 14, bringing into effect the law

Netbanking switch to provide better visibility into transactions: NBBL CEO

NBBL's Banking Connect aims to streamline netbanking by standardising bank-aggregator ties, giving regulators better visibility and improving settlement, success rates and grievance management

CDSCO committee considers avoiding high-risk solvents in kids' oral drugs

Move follows reports of deaths from contaminated cough syrups in Chhindwara

Centre files curative plea against SC ruling on states' power to tax mines

Centre has filed a curative plea in SC challenging the nine-judge verdict that upheld states' powers to tax mineral rights, after earlier bids to limit or review the ruling were rejected

Govt plans rating system to assess NH contractor firms' performance

The ministry said comments/suggestions on the proposed concept note, if any, should be submitted within 21 days from the date of this letter

DoT withdraws duplicate notice, confirms amended cyber security rules stand

The department clarified that the Telecommunication Cyber Security (TCS) Amendment Rules, 2025, notified on October 22, will continue to be in force

India's house price index rises 2.2% in Q2 as RBI updates base year

The Reserve Bank of India (RBI) compiles the HPI quarterly based on transaction-level data received from the registration authorities

Airtel MD urges customers to use Payments Bank accounts to limit fraud risk

Airtel MD Gopal Vittal has advised customers to open a second Airtel Payments Bank account to reduce exposure to financial fraud

Centre files curative plea in SC over states' right to levy mining cess

The Centre has approached the Supreme Court with a curative plea against the ruling that allowed states to levy a cess on mining lands, warning of international implications and strain on the federal

Two-wheeler sales soar to record high in Oct on GST cuts, festive demand

India's two-wheeler industry recorded its best-ever monthly sales in October 2025, buoyed by GST 2.0 rate cuts, festive buying and strong rural demand, with ICRA projecting steady growth for FY26.

CDSCO panel seeks uniform enforcement of drug standards across states

The DCC has asked the Centre to address gaps in drug-standard enforcement, write to states on non-uniform norms and improve testing and regulatory infrastructure highlighted under the SHRESTH index

Affordable homes lose investor appeal as luxury delivers higher returns

With luxury home prices rising faster than affordable units and branded developers driving demand in prime locations, investors are shifting towards premium and luxury housing

French shipping firm CMA CGM mulls operations in India's waterways

India will be in global maritime's "premier league" after Vadhavan Port, says SVP Ludovic Renou

Cabinet greenlights ₹7,280 cr scheme for rare earth magnet manufacturing

The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics

Apple tells Delhi HC: CCI's global turnover penalty rule risks $38-bn fine

Apple has challenged CCI's amended law allowing penalties on global turnover, arguing the rule is arbitrary, disproportionate and contrary to the Excel Crop ruling, and could expose it to $38-bn fine

Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center

Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub

States can draft labour code rules at their pace if aligned with new laws

Reportedly, the centre is in works to come up with the rules under the new codes by the first week of December, following which there will be a 45 day window for stakeholder consultations

India's advertising industry may see marginal, digital-led growth in 2026

Muted 2025 trends, an RMG ban and slow traditional media growth point to low single-digit expansion in 2026, with digital advertising expected to remain the strongest and most resilient growth driver

US, West Asia LPG routes show wide cost differences for India: Crisil

The recent US-India LPG import pact marks a major shift in supplier diversification, reducing dependence on West Asian cargoes, though freight-linked cost sensitivities may affect OMC economics