Page 8 - Industry News

Industrial infrastructure gets fresh impetus with UPSIDA board approval

UPSIDA approves new industrial areas in Fatehpur and Ayodhya, backed by a ₹9,000 crore budget to boost manufacturing, investment, jobs, and industrial infrastructure

Cabinet clears ₹23,731 crore GOBARdhan scheme for compressed biogas

The GOBARdhan scheme will be implemented from FY2026-27 to FY2035-36 and aims to establish compressed biogas as a major pillar of India's future energy mix

AI data centres don't need standalone environmental clearance, says govt

The Union government told Parliament that AI data centres do not, per se, require environmental clearance under the Environmental Impact Assessment (EIA) Notification, 2006

Nexus Select Trust eyes two eastern India mall deals in 60-90 days

The Blackstone-backed Reit plans two to three acquisitions annually and aims to add Rs 125-150 crore of stabilised net operating income through inorganic growth

Adoption of IP protection, FTA utilisation crucial for exporters: Report

For exporters, the most valuable assets should not be limited to factories or inventories alone, said the joint report by Trade Promotion Council of India (TPCI) and RNA Technology and IP Attorneys

Policy reforms speed up coal block operationalisation: Coal Secretary

Coal Secretary Vikram Dev Dutt said recent policy changes have reduced mine development timelines by up to 14 months, enabling faster commercial production

India's insurance sector set for 'massive' growth despite risks: S&P

S&P Global Ratings said regulatory reforms, low insurance penetration and higher foreign investment will drive long-term expansion, though profitability and macroeconomic challenges remain

Why Trai's draft network slicing norms have revived net neutrality debate

Trai has proposed norms for 5G network slicing. Its draft has revived questions over whether differentiated services can coexist with India's net neutrality framework

India's non-fossil fuel power capacity crosses 300 GW: Pralhad Joshi

The Union minister said the country remains on track to achieve its 500 GW renewable energy target by 2030 after adding over 30 GW of non-fossil capacity in the first half of the year

Kolte-Patil Developers announces 6 MMR projects worth ₹6,000 crore GDV

The Blackstone-backed developer plans to launch the projects across Mumbai and Navi Mumbai over the next six to 12 months, subject to regulatory approvals

CCPA fines IndiGo, Zepto, BookMyShow and six others over 'dark patterns'

The consumer watchdog fined IndiGo, Zepto, BookMyShow, Physics Wallah and five other platforms for using 'dark patterns' that misled users through hidden charges, pre-selected options

FSSAI's crackdown: Why food brands and liquor firms are under scanner

From misleading labels and '100%' purity claims to liquor, nutraceuticals, packaged water and quick commerce, here's a look at FSSAI's recent enforcement actions

Rooftop solar installations reached 50 lakh households: Pralhad Joshi

PM Surya Ghar scheme has crossed 50 lakh rooftop solar installations, with 14.8 GW commissioned and nearly 19 lakh households reporting zero electricity bills

Trai puts quality of service for 5G network slicing under scrutiny

Draft norms mandate 21-day prior notice for new network slices, each with separate service quality standards

India's EV industry to generate up to 40 million jobs by 2030: Report

The EV sector is projected to generate 30-40 million jobs, with 10-15 per cent direct and 85-90 per cent indirect jobs by 2030, the report stated

Tax Bill proposes easier norms for data centres, incentives for electronics

Proposed amendments seek to simplify tax rules for data centres, improve ease of doing business and provide long-term certainty for electronics manufacturers and cloud firms

AlcoBev makers challenge FSSAI directive over flavoring norms in HCs

Associated Alcohol & Breweries Ltd had moved the Madhya Pradesh High Court on July 31 against the notice issued by the food regulator

Siam withdraws letter flagging concern over contamination of E20 fuel

Siam has withdrawn its letter raising concerns over E20 fuel quality, saying the findings require further authentication and broader consultation with member automakers

Realty firms welcome repo rate pause, see support for housing demand

Developers said stable borrowing costs would support buyer confidence and project execution, though Anarock cautioned that the pause may not revive mass-market housing

SC allows OMCs to procure additional 1.49 billion litres of ethanol

Suppliers without long-term offtake agreements will be treated on a par with other bidders under the interim arrangement accepted by the Supreme Court