Page 82 - Industry News
Utilising 7.3 mn tonnes of straw can produce energy worth ₹270 cr: IBA
The latest anaerobic digestion processes can efficiently convert this agricultural residue into Compressed Bio-Gas (CBG), which can directly replace imported natural gas
 "Utilising 7.3 mn tonnes of straw can produce energy worth ₹270 cr: IBA")
Trade unions slam new labour codes as 'deceptive fraud', plan protests
While the new rules offer social security and minimum-wage benefits, they also allow companies to hire and fire workers more easily
 "Trade unions slam new labour codes as 'deceptive fraud', plan protests")
Labour codes will unlock far-reaching benefits for workers: Swiggy
The government on Friday notified the four labour codes, which have rationalised 29 existing labour laws
 "Labour codes will unlock far-reaching benefits for workers: Swiggy")
MahaRERA issues SOP to fast-track compensation recovery for homebuyers
MahaRERA introduced a detailed SOP to ensure faster compensation recovery from developers, with strict timelines, stronger enforcement, and option of court action in cases of persistent non-compliance
 "MahaRERA issues SOP to fast-track compensation recovery for homebuyers")
From margins to mainstream: Gig workers finally get formal safety net
For the delivery partner dropping off groceries or the driver navigating city traffic, this move signals the end of legal invisibility
 "From margins to mainstream: Gig workers finally get formal safety net")
India's merchandise exports drop 11.8% in Oct after US tariff hike: Crisil
The decline in exports was broad-based across petroleum products, gems and jewellery and core sectors
 "India's merchandise exports drop 11.8% in Oct after US tariff hike: Crisil")
Retail industry grows 11% in festive period on GST-driven value demand
The retail industry expanded 11 per cent during the 87-day festive window as consumers favoured value-driven categories under lower GST slabs, with apparel below Rs 2,500
 "Retail industry grows 11% in festive period on GST-driven value demand")
New Labour Codes to address grievances in IT industry properly: Nasscom
The industry body said the Codes will bring clearer terms, stronger protections and uniform benefits for contract, gig and platform workers
 "New Labour Codes to address grievances in IT industry properly: Nasscom")
Zomato, Swiggy to give up to 2% yearly turnover for welfare of gig workers
Food delivery and quick commerce platforms like Zomato, Swiggy and Zepto must now contribute up to 2 per cent of their turnover for gig and platform worker welfare
 "Zomato, Swiggy to give up to 2% yearly turnover for welfare of gig workers")
NMP 2.0: Railways targets ₹2.5 trillion asset monetisation in five years
Plan to bring in new freight trains through private funding
 "NMP 2.0: Railways targets ₹2.5 trillion asset monetisation in five years")
Centre pushes labour reforms, notifies codes; draft rules out soon
Govt to soon put draft rules in public domain for consultation
 "Centre pushes labour reforms, notifies codes; draft rules out soon")
Insurance industry takes ₹10,000 crore hit each year on frauds: Report
A new BCG-Medi Assist report highlights how fraud, waste, and abuse are eroding insurer margins, inflating premiums and weakening sectoral RoE, with mid-ticket claims driving most leakages
 "Insurance industry takes ₹10,000 crore hit each year on frauds: Report")
From Vizag's fringes, AMTZ prescribes fully 'Made in India' hospitals
Made in India Hospital concept is to build upon the point that an entire hospital could be made functional and operational, using Made in India medical equipment, said Jitendra Sharma MD&CEO of AMTZ
 "From Vizag's fringes, AMTZ prescribes fully 'Made in India' hospitals")
2 more Chinese carriers want to start flights with India, file applications
Two additional Chinese carriers have applied to begin India-China flights, adding momentum to the gradual reopening of air links as bilateral ties improve
 "2 more Chinese carriers want to start flights with India, file applications")
India's metabolic crisis deepens as young adults face diabetes surge
Diabetes is increasingly becoming a major global health concern, with an estimated 589 million adults currently living with the condition and the number expected to rise to 853 million by 2050
 "India's metabolic crisis deepens as young adults face diabetes surge")
IT Rules likely to be amended to curb fake news and defamation
The government is considering major amendments to the IT Rules 2021 to restrict obscene, defamatory or misleading digital content and introduce stricter content ratings and penalties for violations
 "IT Rules likely to be amended to curb fake news and defamation")
Indian Copyright Act won't apply in dispute with ANI: OpenAI to Delhi HC
The company argued that LLM training uses lawful sources and said copying without violating Section 14 does not amount to infringement
 "Indian Copyright Act won't apply in dispute with ANI: OpenAI to Delhi HC")
MNC drugmakers push for 10-year exclusivity period for trial data
First entities' data filed for novel drugs needs protection: OPPI
 "MNC drugmakers push for 10-year exclusivity period for trial data")
CAs on a par with advocates for ITAT appointment, rules Supreme Court
The Supreme Court has ruled that chartered accountants with ten years' experience can qualify for ITAT membership, striking down the earlier 25-year requirement as unconstitutional
 "CAs on a par with advocates for ITAT appointment, rules Supreme Court")
Drug regulator mandates CDSCO licensing on medical device procurement
The regulator told states not to demand USFDA or EU approvals in tenders after complaints that Indian-made devices were being sidelined
 "Drug regulator mandates CDSCO licensing on medical device procurement")