Page 18 - Industry News

FSSAI orders removal of all drinks using 'ORS' label, cites health concerns

The regulator has told officers to pull misleading ORS-labelled beverages from retail and online platforms, stressing that only WHO-compliant ORS drugs can use the term

Ultrahuman raises ₹100 crore in venture debt to fuel market expansion

The Bengaluru health-tech firm plans to use the Alteria Capital financing to scale its wearable ecosystem, deepen product innovation and expand sports and research partnerships

Farm sector can maintain 4% growth for a decade: Niti Aayog's Ramesh Chand

India's agriculture sector can easily maintain a 4 per cent growth rate over the next 10 years, and the country needs to enhance its warehouse infrastructure, Niti Aayog member Ramesh Chand said on Thursday. Addressing an event organised by industry body PHDCCI, Chand said agricultural products' demand will grow at 2.5 per cent. "So, I feel that we can easily assume, easily maintain this 4 per cent growth in the agriculture sector in the next 10 years," he noted. India's agriculture sector recorded a growth rate of 3.7 per cent during the first quarter of 2025-26. "But our agricultural products' demand is not rising at that rate. So, either use these products for industry or tap the export market. I feel tapping the export market is a much better option," Chand added. Warehousing requirements for rice and wheat are not different, but in the case of maize, it is different, he said. Chand noted that regulations are important in influencing investment decisions in warehousing, if th

India's palm oil imports to rebound from 5-yr low on competitive prices

The increase in purchases by the world's largest buyer is likely to reduce stocks in key producing countries such as Indonesia and Malaysia and lend support to benchmark Malaysian palm oil futures

India's data centre rush hits a roadblock: Cooling in a water-scarce nation

Companies are rushing to build data centres in India, bringing billions in investment, but a key sustainability challenge looms: cooling these power-hungry facilities in a water-scarce country

NCDC refutes Lancet AMR study, says high colonisation not infection risk

The NCDC challenged a Lancet study on high MDRO colonisation in Indian ERCP patients, stating colonisation infection and India's drug-resistant infection rates are still relatively low

Centre's district-level playbook to steer business reforms in states

The DPIIT has told states to conduct a training need assessment (TNA) every year for officers and staff involved in investment promotion and facilitation

India may lose tech edge unless big firms scale up AI spending: MeitY

MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge

Trai directs financial entities to use '1600' number series from 2026

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital-arrest scams

Auto sector seeks relief on Rs 2,500 cr cess credit lapse under GST 2.0

Auto industry representatives are understood to have taken up with the government the issue of Rs 2,500 crore compensation cess credits arising out of GST 2.0 regime in their pre-Budget meeting, according to sources. Representatives from the auto industry, including Society of Indian Automobile Manufacturers (SIAM), in their meeting with Finance Minister Nirmala Sitharaman and senior officials held on Tuesday, raised the matter and sought a resolution of the matter citing genuine concerns of dealers, which are mostly small and medium enterprises, a person aware of the development said. The accumulated compensation cess lapsed on September 22 with new GST norms coming into effect. In October this year, the Federation of Automobile Dealers Associations (FADA) moved the Supreme Court seeking relief over Rs 2,500 crore worth of compensation cess credits. FADA had then asserted that its knocking at the doors of the Supreme Court was "not against reform, but for fairness and trust" as ..

Samriddhi 2025: UP's sustained support reflects in high industrial growth

Meshram who heads the animal husbandry department said when it comes to livestock and development of small enterprises in rural parts of the state, Uttar Pradesh is leading a new surge

NBFCs push for refinancing, tax reliefs at pre-Budget meeting with FM

NBFCs and FIDC urged the Finance Minister to create a refinancing window, widen SARFAESI provisions and ease tax deductions during pre-Budget consultations for 2026-27

No difference among ICEMA members on emission norms, says JCB India chief

ICEMA has itself approached the government to impose emission norms on non-wheeled construction machines, JCB India chief Deepak Shetty said, adding the sector remains unified on stricter standards

IBBI asks resolution professionals to file detailed 29A notes before CoC

IBBI has asked resolution professionals to place detailed Section 29A compliance notes before CoCs, stressing due diligence and transparency to reduce legal challenges in insolvency cases

Govt invites applications for quality audit as Coal Exchange takes shape

Coal ministry has issued an RFQ to empanel third-party agencies for sampling and quality audits for coal and lignite traded on the upcoming Coal Exchange, marking a key regulatory step in the rollout

Must target biotech sovereignty by 2047: Biocon's Kiran Mazumdar-Shaw

Kiran Mazumdar-Shaw urges India to achieve 'biotech sovereignty' by 2047, driven by a $330 bn bioeconomy, BioE3 framework, scale exports, a sovereign AI stack, and crucial R&D investment

Govt rescinds QCO on viscose staple fibre to ease raw material access

Economic Secretary Anuradha Thakur urges the Indian financial sector to embrace disintermediation but ensure credit reaches MSMEs for equitable, sustained 8% GDP growth

NPPA extends knee implant price ceiling by one year till November 2026

The NPPA has extended the knee implant price cap despite industry requests to remove or relax it, citing rising costs and innovation needs, as the regulator prioritises affordability for patients

MCA finalises cabinet note on Companies Amendment Bill, eyes winter session

MCA finalises cabinet note; Bill to streamline rules, permit multi-disciplinary firms and widen NFRA's powers

Promoter sell-downs cross the 1% mark at more companies, shows data

Trend strengthens for second straight quarter