Page 84 - Industry News

India-US interim trade pact to help MSMEs join global value chains: FM

Finance Minister Nirmala Sitharaman says the India-US interim agreement will cut tariffs, boost MSME integration into global value chains, and lower costs for businesses and consumers

India-US trade pact brings lower or zero duty on US wines, spirits

The framework will be converted into a legal agreement, which is expected to be signed by mid-March. The duty concessions will take effect on the day of implementation

Maha Govt signs MoUs worth ₹10,880 cr for multiple Vidarbha projects

The Maharashtra government signed MoUs worth over ₹10,880 crore for solar, healthcare and manufacturing projects in Vidarbha. It will also roll out new industrial policies soon

India-US trade framework includes electronics, IP discussions: Vaishnaw

The US-India joint statement on the interim agreement for trade deal has called for addressing non-tariff barriers that affect bilateral trade

India-US interim trade pact framework boosts investor confidence: India Inc

FICCI President Anant Goenka said it marks a pivotal step forward in advancing economic synergy between two of the world's largest democracies

Andhra launches Amaravati Quantum Valley to power global-scale innovation

Its focus areas include quantum medicine, quantum biology, and integrating life sciences through a multidisciplinary, computation-led, and data-driven approach

Delhi govt plans four curated tourism circuits, heritage walk from Feb 20

The official said tickets for the tours can be booked online, following which tourists will receive detailed instructions regarding the reporting point and schedule

India-US trade deal: FY27 textile, apparel exports to grow in double digits

Industry executives expect India's textile and apparel exports to the US to post double-digit growth in FY27, aided by improved competitiveness following the India-US trade deal

On the anvil: Virtual trade corridors to ease digital bottlenecks

India is pushing virtual trade corridors and paperless logistics with key partners as digital trade becomes central to FTA talks with the EU and the US

Tax certainty for foreign Cloud service providers to curb disputes: Experts

New tax certainty rules for foreign cloud firms aim to prevent disputes on permanent establishment and global income, boosting confidence in India's fast-growing data centre ecosystem

Govt to soon decide increased EPFO, ESIC wage ceilings: Mandaviya

The labour ministry will shortly decide on raising EPFO and ESIC wage ceilings, fixing a national floor wage and increasing the minimum pension under EPS, as it targets wider social security coverage

Karnataka PSU borrowing model a template for states: World Bank

Karnataka's move to include PSU and SPV debt in state liabilities offers a template to curb off-budget borrowings and improve fiscal transparency, a World Bank report says

NCLT's Jindal Poly ruling marks rare activation of class-action law

NCLT's admission of a minority shareholders' class action against Jindal Poly Films revives Section 245, signalling a shift in judicial approach to corporate accountability

Just ₹3.5 crore allocated to promote India as tourist destination in FY27

Tourism budget less than a tenth of FY26 spends; industry to seek FinMin intervention

Govt receives financial bids for IDBI Bank stake sale, says Dipam

The government has received financial bids for IDBI Bank's strategic disinvestment, a key transaction as it targets ₹80,000 crore from disinvestment and asset monetisation in FY27

Money comes to the movies: Fresh bets on film and OTT firms are good news

Bhansali Productions will sell all its future film music exclusively to Saregama, giving it steady pipeline of premium music

How Bihar is attempting power supply cost reduction, sector turnaround

Smart power procurement, ERP mandates and infrastructure upgrades are helping Bihar lower electricity supply costs and improve the efficiency and quality of power distribution

Uber, Rapido, Ola, and Porter drivers plan nationwide strike on Saturday

Some of the drivers' demands include government-notified minimum base fares for ride-hailing platforms, decided in consultation with drivers

IIT Madras, Unicorn India Ventures launch ₹600 crore deep tech fund

The fund will look to build a portfolio of over 25 companies in IP-led, engineering-heavy startups in sectors such as robotics, spacetech, defencetech, semiconductors and medtech

Govt extends bid submission deadline of auction round OALP-X to May

OALP-X is the largest bid round so far, offering 25 blocks spread over thirteen sedimentary basins, covering an area of 1.82 lakh sq km