Page 8 - Industry News

Centre scraps prior approval system for BA/BE studies of low-risk drugs

The health ministry has amended clinical trial rules to replace prior approvals for low-risk BA/BE studies with simple online intimations, a move aimed at cutting delays, easing compliance

Republic Day boost: Ecom, qcom firms witness up to 25% uptick in sales

Ecom and qcom platforms clock up to 25% YoY sales growth as Republic Day deals, flash discounts and festive offers drive demand across metros and Tier-II+ cities

Iran unrest has had minimal impact on Indian companies so far: Crisil

Pointing out that Iran accounts for over 4 per cent of the global crude oil supply, Crisil said any escalation that disrupts its production could spike prices and the same should be watched closely

NxtGen selects Dell AI Factory, Nvidia to build national-scale AI factory

Dell and Nvidia partner with NxtGen AI to build India's largest sovereign AI factory, featuring over 4,000 Blackwell GPUs to power next-gen AI workloads

Defence tech hiring in India doubles to 7K in past 3 years: CIEL HR study

The study showed that growth has been consistent year-on-year rather than driven by short-term spikes, reflecting long-cycle modernisation and indigenisation programmes

Cigarette industry braces for volume contraction post duty hike: Crisil

Currently, cigarettes are charged 28 per cent goods and services tax (GST), along with a varied compensation cess

Govt eases drug R&D norms, allows pharma firms to skip test licences

The amendment is line with the directions of Prime Minister Narendra Modi to reduce regulatory burden and promote Ease of Doing Business

NITI calls for GST relief, insurance push to boost vehicle scrapping

Think tank flags tax disadvantage for formal facilities, urges parity with informal sector

Why over 100 Indian AI startup founders are moving operations to the US

Around 100 Indian AI startup founders are heading to the US as demand, funding and decision-making for AI products remain stronger in the American market

India-EU FTA: No concessions for New Delhi over CBAM regulations

CBAM relaxations offered by EU to other partners will apply to India: commerce secretary

Rajasthan records 9.74% growth in domestic tourist arrivals in 2025

Rajasthan saw a 9.74% rise in domestic tourists in 2025, with over 25 crore visitors, even as foreign arrivals declined less than the national average

Uttar Pradesh govt sets aside 425 acres for fintech, apparel parks

Uttar Pradesh has earmarked 425 acres near Noida airport for fintech and apparel parks, aiming to boost exports, jobs and its push to become an industrial hub

India-EU FTA: India's Bharat 6G Alliance push gets clearer signal

India's Bharat 6G Alliance is set to gain from closer collaboration with Europe's 6G industry body under the India-EU free trade agreement, boosting joint research, standards alignment

India-EU FTA: One-stop hub to aid movement of skilled professionals to EU

Supports IT services industry and students

India-EU free trade pact: iPhone shift hits India's EU electronics exports

But $50 billion export aim holds as EU smartphone shipments drop after Apple's US pivot

India-EU FTA: Large market opens up, says Maruti Chairman RC Bhargava

India-EU FTA opens a large European market for Indian-made small cars, with duty cuts boosting exports and giving carmakers like Maruti Suzuki a cost advantage

Beverage, ice-cream companies warm up early with capacity expansion

Companies prepare for summer demand after last year's weather disruption

India-made 3 nanometre chips likely by 2032, says Ashwini Vaishnaw

India targets indigenously designed 3nm chips by 2032, with plans to boost fabless startups and make the country a global semiconductor design hub

SC sets aside Gujarat HC order on taking back grazing land from APSEZ

The apex court held that the order was passed without granting Adani an opportunity of hearing, either before the state authorities or the High Court

Budget 2026 Outlook: How India's infra push may change in the next phase

As Budget 2026 approaches, policymakers and industry leaders weigh how India's infrastructure push may evolve - balancing capex momentum, fiscal discipline and private investment