Soaring commercial LPG prices are squeezing restaurant margins, forcing eateries to consider menu hikes, switch fuels or absorb rising costs

LPG, Gas Cylinder

Business Standard

New NBCS 2026 norms remove 45-metre cap on hospital buildings, enabling vertical expansion, lowering capex and reducing reliance on greenfield projects, say industry executives

Max Healthcare, Max Hospital

Fund will invest across asset classes such as data centres, warehousing and housing, with a $100 million corpus and equal greenshoe, targeting offshore investors

logo, Whiteboard Financial Advisors and management

Healthcare industry body NATHEALTH on Sunday said the government's move to ease height restrictions for hospitals subject to enhanced fire safety provisions is expected to address structural constraints, including limited bed capacity, and underutilisation of existing infrastructure, particularly in urban centres.
Welcoming the government's notification of the National Building Construction Standards (NBCS) 2026, NATHEALTH said it eases long-standing height restrictions for hospitals and permits Intensive Care Units (ICUs) beyond 45 metres, subject to enhanced fire safety provisions.
"The move is expected to address structural constraints such as high land costs, limited bed capacity, and underutilisation of existing infrastructure, particularly in urban centres," NATHEALTH said in a statement.
The new NBCS 2026 rules mark a significant and timely step towards enabling future-ready healthcare infrastructure in India, NATHEALTH President Sangita Reddy said.
"By unlocking much-needed

Hospitals, hospitals in India

The new NBCS 2026 rules mark a significant and timely step towards enabling future-ready healthcare infrastructure in India, NATHEALTH President Sangita Reddy said

Press Trust of India

The leather and footwear industry has sought duty exemptions on a number of critical inputs such as synthetic leather, metal accessories, machinery, threads, moulds, and certain chemicals as the ongoing West Asia crisis has pushed input costs up by up to 60 per cent, an official said.
The industry has recently flagged the matter with the commerce and industry ministry.
The industry official said that the exporters have suggested the government for early implementation of the proposed FLOAT (Footwear and leather oriented transformation) scheme covering the entire product range, raw materials, machinery and inputs.
They have also urged for duty-free import of crust and finished leathers to boost domestic manufacturing.
"The industry is facing a sharp increase in raw material and input costs - rising by 40-60 per cent - due to the West Asia crisis.
"In view of this, we have urged the government to provide import duty exemptions on critical inputs such as synthetic leather (PU-coated 

Industry players believe opportunities will open up in premium leather bags, accessories, and upholstery, alongside a shift towards value-added manufacturing

The industry official said that the exporters have suggested the government for early implementation of the proposed FLOAT (Footwear and leather oriented transformation) scheme

As brutal heatwaves sweep across large parts of India, pushing temperatures well above 40 degrees Celsius, the spotlight has once again turned to the millions of gig workers who form the backbone of the country's booming e-commerce and quick-commerce sectors.
For delivery partners navigating congested city traffic on two-wheelers, the summer months bring a heightened risk of severe dehydration, heat exhaustion, and heatstroke.
Bound by algorithmic targets and the pressure of rapid delivery windows, these workers often spend peak afternoon hours exposed to extreme weather conditions, with little to no access to clean drinking water or shaded resting spots on their routes.
Facing mounting scrutiny over the occupational hazards associated with the gig economy, major food delivery, quick commerce, and e-commerce platforms are now rolling out a slew of mitigation measures. From specialised cooling gear to air-conditioned rest hubs, companies are attempting to buffer their frontline ...

Gig Workers, Quick Commerce, Food Delivery Platforms, Gig Economy India, Worker Exploitation, Tipping Culture, Consumer Responsibility, Platform Economy, Labour Rights, Delivery Partners

For delivery partners navigating congested city traffic on two-wheelers, the summer months bring a heightened risk of severe dehydration, heat exhaustion, and heatstroke

India's stricter battery recycling targets under EPR rules are forcing dry cell makers to seek relief, explore new collection models, and tackle rising costs and ecosystem gaps

battery, storage battery

Aggressive discounting persists in the EV market as automakers juggle inventory, competition, and evolving buyer expectations

Electric Vehicles

The Indian automobile industry is staring at a hit of about Rs 25,000 crore on bottom line for FY26 with the Environment Protection (End-of-Life Vehicles) Rules 2025 triggering an accounting standard clause that requires automakers to make budgetary provision for environmental compensation for vehicles sold in the past.
According to industry executives, an "innocuous looking" clause in the Environment Protection (End-of-Life Vehicle) Rules, 2025 notified by Ministry of Environment, Forest and Climate Change, in January 2025 has spooked automakers after their auditors flagged the magnitude of its ramifications.
The "Rule 4 (6)" of the January 2025 notification states, "In case the producer stops its operations, the producer must comply with its Extended Producer Responsibility (EPR) in respect of vehicles already made available in the market till closure of operations..."
"This rule triggers accounting standard IND AS 37, ' Provisions, Contingent Liabilities and Contingent Assets', .

small cars, auto sector

The auto industry body had sought the possibility of resolving the issue through amending Rule 4(6) before EC cost notification to clarify that cumulative budgetary provisioning may not be required

Passenger vehicle sales surge year-on-year to about 450,000 units in April, driven by GST cuts, tax relief and rural demand, even as West Asia conflict poses risks

Maruti Suzuki Alto

Carmakers began the new fiscal on a strong note, with an estimated 4.5 lakh units of passenger vehicles sold in April in the domestic market, up 27 per cent, on the back of record sales by firms, including Maruti Suzuki, Hyundai and Kia.
The industry continued to benefit from the tailwinds of GST 2.0 carried forward from the second half of last fiscal, along with repo rate cut and income tax benefit, Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee said.
Passenger vehicle (PV) sales in the domestic market were 3.54 lakh units in April last year.
Maruti Suzuki India posted a record domestic sales of 1,91,122 units in April compared to 1,42,053 units in the year-ago month. Its previous highest domestic sales were in December 2025 at 1,82,165 units.
"We are starting this year with a big bang. Small cars have contributed significantly to this growth," Banerjee told PTI.
The company's small cars, comprising Alto, S-Presso, Celerio and WagonR, grew 74.4 .

Car sales

Passenger vehicle sales in the domestic market were 354,000 units in April last year

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

MSMEs

TNC Rajagopalan answers SME queries related to GST, export and import matters

export

Union Minister H D Kumaraswamy unveiled third round of speciality steel PLI scheme with relaxed thresholds, updated pricing benchmarks, and wider MSME participation to boost steel manufacturing

H D Kumaraswamy (Photo: X/@hd_kumaraswamy)

Base year revised, thresholds relaxed to reflect current market trends

State-owned lender Punjab & Sind Bank intends to achieve a milestone total business of Rs 3 lakh crore by end of the ongoing financial year helped by loan growth.
"We have achieved total business of Rs 2.63 lakh crore in FY26, registering a growth of 15 per cent and hope to cross Rs 3 lakh crore during the current financial year," Punjab & Sind Bank MD and CEO Swarup Kumar Saha told PTI.
The bank is expecting a credit growth of 16-18 per cent and deposit expansion of 13-14 per cent in the ongoing financial year, he said.
With this kind of credit and deposit growth, he said, the bank can surpass Rs 3 lakh crore business mix, which is total of advances and deposits.
To meet the credit expansion, the bank is also planning to raise resources from both equity and debt.
Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to meet the minimum public shareholding (MPS) norms of market regulator Sebi.
As per Sebi norms, ..

Rupee

The bank is expecting a credit growth of 16-18 per cent and deposit expansion of 13-14 per cent in the ongoing financial year

Public sector banks are bracing up to increase IT spending in order to secure their systems, safeguard customer data, and protect monetary resources amid global concerns over Anthropic's Claude Mythos AI tool and its potential implications for financial data security.
Mythos' advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns that it could be used to disrupt banking systems.
In view of this new challenge, banks have to definitely increase their investments in IT to make their system more robust and reduce vulnerabilities with regard to cyber attacks, Punjab & Sind Bank MD and CEO Swarup Kumar Saha told PTI.
He said the bank is going to increase its IT spending this financial year to meet the challenges posed by new technology.
Besides, UCO Bank MD and CEO Ashwani Kumar said the bank's IT spending is going to be higher than last financial year, and a major part would go towards ...

In a blog, Anthropic said that Mythos Preview had found 'thousands of high-severity vulnerabilities, including some in every major operating system and web browser'

Mythos' advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns

Move will also help lower govt shareholding

PSBs capital raising India, expected credit loss framework banks India, ECL norms RBI 2027, CET1 ratio public sector banks, Bank of India capital plan FY27, Indian Bank QIP fundraising, Indian Overseas Bank capital adequacy, AT1 bonds tier II bonds b

Financial Services Secretary M Nagaraju on Friday said the High-Level Committee on Banking for Viksit Bharat announced in this year's Budget will look into public sector banks'balance sheet constraints, so that they can leverage their capital.
The government is expected to announce the terms of reference for the panel.
"This committee is expected to review the banking sector with a focus on making it more effective, more inclusive, and better aligned with India's growth needs, while maintaining financial stability," he said at the ICPP Growth Conference here.
Finance Minister Nirmala Sitharaman had proposed setting up a high-level committee on banking to comprehensively review the banking sector.
"I propose setting up a 'High Level Committee on Banking for Viksit Bharat' to comprehensively review the sector and align it with India's next phase of growth, while safeguarding financial stability, inclusion and consumer protection," she had said in the Budget speech on February 1, ...

banking, banks

Finance Minister Nirmala Sitharaman had proposed setting up a high-level committee on banking to comprehensively review the banking sector

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