Page 8 - Industry News

New IIP series overhaul: Tracking structural shifts beyond the base year

India's new IIP series broadens sector coverage, updates the product basket and methodology, and aligns industrial data with the economy's evolving structure

NPPA fixes prices of 30 drugs including Vitamin D3, calcium supplements

According to the order, the fixed retail prices are exclusive of Goods and Services Tax (GST), which may be added only if it has actually been paid or is payable to the government.

Paint industry optimistic on growth despite crude volatility, rising costs

Paint manufacturers, which have already undertaken multiple rounds of price hikes amid rising crude-linked raw material costs, remain cautious

Estonian startups keen to partner with India, tap into its huge market

'The interest is there in India because of the size of the market and the Indian delegation has been at Latitude59 five years in a row'

Luxury hotels seeing strong demand from domestic travellers this summer

While outbound travel continues to remain an important aspiration for wealthy Indian travellers, factors like convenience, predictability are also encouraging

Boost biofuel production to cut imports, achieve self-reliance: Gadkari

Gadkari said the country requires around 120 lakh tonnes of bitumen annually, while domestic petroleum companies have the capacity to produce about 50 lakh tonnes

Centre unveils AI-enabled chatbot to help citizens launch grievances online

At the launch event, the chatbot was demonstrated live and tested in different Indian languages

Textile industry hails cotton duty waiver, expects export boost

Industry bodies said the temporary removal of cotton import duty will reduce input costs, improve competitiveness and support export growth across the textile value chain

Irrigation water demand likely 807 BCM by 2050, govt pushes water budgeting

The ministry noted that agriculture accounts for 80-90 per cent of water use in rural areas, adding to pressure on the country's water resources

Diesel-isobutanol blending mandate likely this year: Transport secretary

Govt may bring a draft notification on truck-trailers interchangeability soon to build an ecosystem that needs battery-swapping and battery charging for electric heavy duty commercial vehicles

Delhi HC ruling on Google keyword ads may reshape online advertising

The court ordered Google to pay damages of $31,600 in a ruling issued on May 22 by the Delhi High Court, which businesses have since been responding to

Profitable products in AI world possible, says Thomas Jeng of OpenAI

OpenAI says rising AI token costs are not a long-term hurdle for startups, as Indian adoption of Codex and AI workflows accelerates sharply

SC sets aside Sebi's ₹447 crore disgorgement order to Reliance Industries

Supreme Court quashes Sebi's ₹447 crore disgorgement order against RIL in the 2007 RPL futures case, but upholds ₹25 crore penalty for regulatory violations

When a creator tells you what to buy: The new face of online shopping

From 'Amazon finds' to under-₹500 reels, short-form videos are reshaping how users discover, buy online

India needs to build $150 bn semicon value chain by 2035: NITI Aayog

Niti Aayog says India must build a $120-150 billion semiconductor value chain by 2035 through strategic investments, advanced packaging, and ecosystem development

Govt directs oil marketing companies to build 30-day LPG storage capacity

The government has asked state-run oil marketing companies to maintain at least 30 days of LPG reserves as supplies from West Asia remain constrained

Delhi High Court upholds Trai's cap for TV ads at 12 minutes per hour

The High Court ruled that TRAI acted within its statutory powers and that the advertising cap strikes a balance between broadcasters' commercial interests and viewers' rights

Odisha begins auction process for 11 major mineral blocks in five districts

The state has invited bids for bauxite, iron ore, manganese, limestone and aluminous laterite blocks to support mining expansion and industrial growth

India's organic waste could become $51 billion market by 2047: CEEW

An accelerated policy push could create a $51 billion organic waste market and 26 lakh direct jobs by 2047 while significantly reducing emissions, says a CEEW study

BMC launches AI-based CivitTwin to speed up Mumbai building approvals

The AI-powered platform will conduct virtual pre-scrutiny of building proposals, helping reduce delays, improve transparency and streamline approvals in Mumbai