Page 11 - Industry News

Jaipur Discom action plan targets full recovery of dues in top defaulters

Engineers have been instructed to prioritise revenue collection through awareness campaigns and settlements by organising camps

Nuclear sector needs strategy, skilled manpower to reach 100 GW by 2047

Revision in insurance policies, fuel-buying plans, and lack of skilled manpower among issues flagged for the industry

200 milestones behind it in 2025, Isro readies for Gaganyaan tests

From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033

India's solar push hits slowdown as transmission and demand gaps emerge

India's rapid solar boom is slowing as grid constraints, weak demand growth, stalled contracts, and rising storage needs push the sector into a recalibration phase

Banks advised by RBI to link MSME loans to external benchmark: Govt

With a view to improve monetary policy transmission, banks have been advised by the Reserve Bank of India (RBI) to link loans to MSMEs to an external benchmark, the government has informed Parliament. The reset clause for loans has been reduced to three months under the external benchmark system. Further, to make the benefit of external benchmark-based interest regime available to existing borrowers, banks have been advised to provide a switchover option as per mutually agreed terms. Moreover, the government implements Quality Control Orders (QCOs) with exemptions and relaxations for MSMEs to ensure no disruption of domestic production, Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje in a written reply in the Lok Sabha. The Government of India, through Bureau of Indian Standards (BIS), Department of Consumer Affairs, implements, phase-wise, QCOs issued by line ministries with exemptions/relaxations for MSMEs, to ensure that such orders do not disrupt ...

Budget 2026-27: CII suggests reforms to drive investment-led growth

Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for 2026-32; offering incremental tax credits or compliance relaxations for firms achieving significant new investment, production, or tax contribution milestones; and establishing an NRI Investment Promotion Fund. It also called for reinstating accelerated depreciation benefits to further incentivise fresh capital expenditure and technology upgrades, particularly for MSMEs and manufacturing industries, provided the measure is structured to stimulate modernisation without triggering ..

Govt has infused over ₹3,100 crore in women-led startups in 6 years

Piyush Goyal also mentioned that while the country is home to over 2 lakh government-recognised startups, nearly 48 per cent of these startups have at least one woman director or partner

Govt amends petroleum, natural gas rules for ease of doing business

The Centre has amended the Petroleum and Natural Gas Rules, 2025 to ease exploration and production operations, allow longer leases, speed up approvals and raise penalties for violations

Cabinet clears nuclear energy Bill to open sector to private participation

The draft legislation seeks to amend the Atomic Energy Act 1962 and the Civil Liability for Nuclear Damage (CLND) Act 2010

Cabinet approves 100% FDI in insurance; Bill likely in Parliament on Monday

The source further said that this is likely to be tabled on Monday in the ongoing winter session of Parliament, which is slated to conclude on December 19

India not part of US-led nine-nation semicon supply chain coalition

The US has launched Pax Silica, a nine-member coalition to secure the semiconductor supply chain from minerals to AI infrastructure. India, building its chip ecosystem, has been left out

MSME credit up 18 per cent annually till September 2025, data shows

Growth remained largely stable on a sequential basis, however. Portfolio growth continued to outpace borrower expansion, signalling a shift toward larger ticket-size loans and maturing profiles

Average 50 days of employment per household under MGNREGS in five years

An average 50 days of employment per household was provided to workers under the Mahatma Gandhi National Employment Guarantee Scheme (MGNREGS) in the last five years, Minister of State for Rural Development Kamlesh Paswan informed the Rajya Sabha on Friday. The flagship rural employment scheme guarantees up to 100 days of wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work. In a written reply in the Upper House, Paswan said in 2024-25, average days of employment provided per household under MGNREGS was 50.24. The figures for previous years were similar. In 2023-24, the average number of workdays per household was 52.07, in 2022-23 it was 47.84, in 2021-22 it was 50.07, and in 2020-21 it was 51.54. Altogether, the average number of days of employment per household during the last five years comes to 50.35. In his reply, Paswan also said the responsibility for implementation of the MGNREGS at ground level lies with th

India to showcase gender-responsive AI solutions at February 2026 summit

Compendium of case studies to be showcased at India-AI Impact Summit, focusing on ethical, empowering AI for women and girls

Maharashtra move to overhaul pagdi system set to revive stalled projects

Mumbai's long-stalled pagdi redevelopment ecosystem could finally shift as the Maharashtra government prepares a dedicated framework, promising clearer FSI norms, fast-track courts

UP's electric vehicle tax review sparks fresh jitters among automakers

Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth

IndiGo crisis: Parliamentary panel may summon DGCA, MoCA officials

Parliamentary panel will summon aviation regulators and major airlines to review recent flight cancellations and ongoing safety concerns, including ATC fatigue, pilot shortages and infrastructure gaps

Delhi HC flags lack of repeal notification as Centre enforces labour code

Delhi HC flagged concerns that the Centre may have enforced the Industrial Relations Code, 2020 without formally repealing older labour laws, and has sought clarity on how the transition was notified

NHPC invests ₹98,107 cr to build 8,814 MW hydropower capacity by 2032

State-owned NHPC is undertaking a major expansion of its clean energy portfolio with investments of over Rs 98,000 crore in hydropower projects across the Northeast, Sikkim and Jammu & Kashmir

IndiGo crisis: Travel operators ramp up capacities for faster refunds

Travel operators ramp up human and tech support to manage soaring refund and rescheduling requests as IndiGo flight cancellations disrupt peak holiday travel