Page 21 - Industry News

India regains favour, China slips to underweight allocation: BofA survey

BofA's Asia Fund Manager Survey shows India regaining a mild overweight as a diversification play against AI-led markets, while China slips to underweight on stalled momentum

India's exports rebound in Nov on supply-chain shifts, US restocking: GTRI

Supply-chain realignments and inventory restocking ahead of the US holiday season helped India's exports rebound in November, think tank GTRI said on Sunday. After recording contraction for two consecutive months, India's merchandise exports to the US rose 22.61 per cent to USD 6.98 billion in November despite steep 50 per cent tariffs on domestic goods, according to commerce ministry data. Imports during the month grew 38.29 per cent to USD 5.25 billion. During the April-November period of this fiscal year, the country's exports to the US increased 11.38 per cent to USD 59.04 billion, while imports rose 13.49 per cent to USD 35.4 billion. The US has imposed a sweeping 50 per cent tariff on Indian goods entering American markets from August 27. The Global Trade Research Initiative (GTRI) said in sectors such as electronics and machinery, "supply-chain realignments and inventory restocking ahead of the US holiday season also supported shipments". It added that the rebound after ..

Festive cheer fuels premium push as alcobev cos bet big on launches, growth

For Pernod Ricard India, this is a continuation of the festival season and the year-end festivities make for good business

Delhi pollution curbs open new market for ICE-to-EV retrofitters

Delhi's tighter pollution norms are boosting demand for EV retrofits, but industry players are urging the government to cut GST and ease regulatory hurdles to scale up conversions

Export dilemma: The 'shrimp vs smartphone' debate in India-US trade

How US tariffs are forcing India to weigh exports of labour-intensive products against technology-intensive ones. One is a job creator, the other a sunshine industry. It is not an easy choice

Food delivery platforms employed 1.37 million in FY24, says NCAER

For every ₹10 lakh of output generated on such platforms, output yielded for the economy is ₹20.5 lakh

Mumbai airport to shut cargo flights for 10 months from August 2026

In FY25, Mumbai airport handled 8.9 lakh tonnes of cargo, accounting for nearly a quarter of India's total air cargo handled that year

India's food delivery sector generated ₹1.2 trn output in FY24: Report

Direct employment by the sector increased to 1.37 million in 2023-24 from 1.08 million workers in 2021-22

India tops global active users for AI apps; telcos to monetise: BofA report

BofA said India leads the world in daily and monthly active users for AI apps, giving Jio and Airtel scope to lift data usage, ARPUs and upsell personalised offerings through bundles

Trai mandates 1600 series for insurance service calls by Feb 15, 2026

Trai has asked insurance-sector entities regulated by IRDAI to move service and transactional calls to 1600-series numbers by February 15, 2026, to curb spam and fraud

As global wine demand cools, India uncorks a fresh boom in premium bottles

With overseas travel, rising disposable incomes and a young urban crowd experimenting and trading up, India's wine market is growing even as traditional markets see consumption fall

JSW MG, Tata Motors take small-car relief dispute under CAFE-3 to PMO

The Corporate Average Fuel Efficiency (CAFE) framework sets fleet-wide carbon dioxide emission targets for automakers

Civil society groups plan nationwide protest against scrapping of MGNREGA

Lok Sabha starts debate on VB-G RAM G that replaces MGNREGA, Parl Panel head wants new bill to be send to standing committee for detailed examination

FSSAI steps up checks on nitrofurans in eggs, dairy adulteration drive

FSSAI has asked states to alert eateries against using adulterated paneer and khoya and has begun collecting egg samples for nitrofuran-linked AOZ tests after claims on Eggoz eggs

India's digital-only viewership reaches 313 million in Q3CY25: Report

In contrast, linear TV is estimated to have seen a marginal drop in viewership to 689 million in Q3CY25, compared with 705 million in Q1CY25

Ethanol producers face overcapacity as blending program hits roadblock

For ethanol supply year (ESY) 2025-26, several ethanol producers have procurement orders below capacity, forcing some to pause expansion plans as policy uncertainty grows around the blending roadmap

IFFCO yet to submit nano urea evaluation report, sales lag production

The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has not submitted any evaluation report on the adoption of nano urea despite the fertiliser being in the market for over four years, Parliament was informed on Tuesday. Responding to a written query by BJP MP Narhari Amin from Gujarat, Minister of State for Chemicals and Fertilisers Anupriya Patel said IFFCO has not sent any evaluation report regarding the adoption of nano urea. Meanwhile, sales of the product continue to lag behind production, with 2.49 crore bottles remaining unsold since its launch in February 2021. Since the launch, total 14.11 crore bottles (500 ml each) of nano urea have been produced nationwide up to November 30, 2025. During the same period, 11.62 crore bottles have been sold across the country, she said in the Rajya Sabha. In the current fiscal (2025-26), production stood at 1.67 crore bottles till November 30, while sales were lower at 1.38 crore bottles. However, in 2024-25, sales outpaced producti

NCAER appoints Suresh Goyal as director general, to take charge on Jan 5

Goyal will assume charge on January 5, 2026, succeeding Poonam Gupta, who vacated the position after being appointed deputy governor of the Reserve Bank of India

Indian Railways sees increased fertiliser cargo due to record imports

Amid record imports, fertiliser cargo on rail grows 12%

DGCA probe panel on flight disruptions visits IndiGo headquarters

The four-member panel, set up by Director General of Civil Aviation Faiz Ahmed Kidwai to investigate large-scale operational disruptions at domestic carrier IndiGo earlier this month, visited the airline's headquarters on Monday as part of the ongoing probe, sources said. During the visit, they said, the panel members checked multiple aspects of the operations that could have resulted in the disruptions. "The panel members visited IndiGo headquarters on Monday. They remained there throughout the day to take the ongoing probe ahead," a source privy to information told PTI. During the visit, said another source, the probe panel checked multiple aspects of operations, including infrastructure that could have resulted in such a large-scale disruption of services. The four-member panel, comprising Joint DG Sanjay Brahamane, Deputy Director General Amit Gupta, senior Flight Operations Inspector Kapil Manglik, and FOI Lokesh Rampal, has been tasked with identifying the root causes of ...