Page 83 - Industry News

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

India's real estate may get institutional investments of ₹5-7 bn in 2025

Institutional investments in Indian real estate totalled $4.3 billion in the first nine months of 2025, a 9% Y-o-Y decline

SC's green clearance ruling recall could push ahead stalled projects

Move to give relief to thousands of homebuyers and developers

'Illegal, unsafe': Karnataka govt panel urges continuation of bike-taxi ban

Karnataka's expert panel has backed the continued ban on bike taxis, calling them illegal, unsafe and outside the Motor Vehicles Act

Oil marketers' FY26 operating profit likely to surge over 50%: Crisil

OMCs earn from refining (gross refining margins or GRMs) and from marketing of petrol, diesel, and other fuels

Regulatory, customer pattern changes nudge foreign insurers' India interest

A slew of foreign insurers have already either bought stakes in existing insurance companies, or formed a new joint venture to tap the potential of the Indian insurance market

Delhi's winter power demand to rise to new record high of 6,000 MW

Within the areas of power discom BSES, winter peaks last year reached 2,431 MW in BRPL and 1,105 MW in BYPL

Tamil Nadu inks pact with ANSR to boost GCC investments, create 10K jobs

This partnership marks a significant milestone in strengthening Tamil Nadu's position as one of the world's most attractive destinations for technology, innovation and high-value global services

DGTR begins probe against dumping of polyester yarn by Chinese firms

DGTR said that Reliance and Wellknown Polyester in their applications have claimed that the cheap import of these yarns from China have caused material injury to the domestic industry

Top Indian solar state, Rajasthan, blocks 3.2 GW coal plan for clean energy

The Resource Adequacy Plan estimates Rajasthan will require only 1,905 MW of additional coal capacity by 2035-36, far less than the 3,200 MW sought

DPDP norms nudge insurance firms to boost tech systems, consent frameworks

Industry leaders say phased deadlines through 2027 give them time, but the compliance effort will require major process redesign

Reliance stops import of Russian crude oil into Jamnagar's SEZ refinery

India's Russian oil loadings at 3-yr low in Nov as refiners grow wary of US sanctions

Major secy-level rejig, Neeraj Mittal shifted to petroleum ministry

The Appointments Committee has cleared a major bureaucratic reshuffle, naming Neeraj Mittal as petroleum secretary and Amit Agrawal as telecom secretary, with other key changes across ministries

Karnataka government bets big on AI with ₹400 crore push at tech summit

Government teams with venture investors to back deeptech startups as Bengaluru seeks to fortify its position as India's premier innovation hub

CAG urges Centre, states to follow uniform system for recording expenses

The CAG advisory seeks to do away with the wide variation among states in the operation of expenditure heads at the disaggregated level

Govt to launch first retail investments in NHs under Invit in February

Plans to add 1,500 kilometres of national highways to Public InvIT over next 3-5 years

India's listed REITs distribute ₹2,331 cr in Q2 as AUM rises to ₹2.35 trn

India's five publicly listed REITs paid over ₹2,331 crore to 3.3 lakh unitholders in Q2 FY26, with distributions rising 19% year-on-year excluding KRT

Will give data to restaurants with user consent: Food delivery firms

Zomato, Swiggy and other delivery firms say customer phone numbers will be shared with restaurants only after clear opt-in consent

Rising demand for GLP-1 weight-loss drugs reshaping diagnostics market

As GLP-1-based weight-loss and diabetes therapies gain popularity, India's diagnostics market is seeing a sharp rise in metabolic testing

The tough race for critical minerals continues despite viability fears

While the auction of mines has attracted high bids, just how many of these mines will actually be commercially viable remains to be seen