Page 26 - Industry News

Retailers expect double-digit growth as Black Friday sales go live

Retailers expect double-digit growth as Black Friday deals boost footfalls and sales, with malls extending hours and brands offering major discounts across fashion, beauty and lifestyle categories

Shapoorji Pallonji Finance eyes bonds to raise funds in early FY27

Shapoorji Pallonji Finance plans to tap the bond market in early FY27 but says high borrowing costs make a rating upgrade essential

Power projects should be granted connectivity on basis of PPAs: CERC

A staff paper suggests shifting from LoA-based approvals to PPA-linked or auctioned connectivity to ensure timely project execution and better use of grid assets

Seeds sector faces major shake-up as India readies new laws and treaties

'India's seeds sector heads into a decisive phase as new draft laws, amendments to plant-variety rules, and a global treaty converge to reshape how varieties are regulated, protected and shared'

Netbanking switch to provide better visibility into transactions: NBBL CEO

NBBL's Banking Connect aims to streamline netbanking by standardising bank-aggregator ties, giving regulators better visibility and improving settlement, success rates and grievance management

Govt plans rating system to assess NH contractor firms' performance

The Ministry of Road, Transport and Highways (MoRTH) on Thursday said it is developing a rating system to assess the performance of contractor firms engaged in National Highways works. The ministry, in a concept note, said that for rating purposes, the contracts would be divided into three classes: projects of Rs 100 crore or more up to Rs 300 crore; projects of more than Rs 300 crore up to Rs 1,000 crore; and projects of more than Rs 1,000 crore. The note said rating exercise shall be done once in a year, in the first iteration, eligible projects up to February 15 will be taken up and preferably rated by March 31, and thereafter, for eligible projects up to November 15 and preferably rated by December 31 every year. "Accordingly, rating of contractors/concessionaires would also be done in classes," it said. According to the concept note, ratings for Engineering, Procurement, and Construction (EPC) and Hybrid Annuity Model (HAM) projects shall be conducted together, whereas ratings

DoT withdraws duplicate notice, confirms amended cyber security rules stand

The telecom department on Thursday said it has withdrawn the republished rules concerning telecom cyber security, noting that it was inadvertently published in the Gazette in place of another rule intended for consultation. The department clarified that the Telecommunication Cyber Security (TCS) Amendment Rules, 2025, notified on October 22, will continue to be in force. The Telecommunication Cyber Security (TCS) rules aimed to address critical vulnerabilities that have emerged with the rapid integration of telecom identifiers into digital services across sectors, such as banking, e-commerce, and e-governance. It also aimed at facilitating the identification of mobile numbers, devices and other telecom resources that have been found involved in fraudulent activities. A copy of the same notification was republished by mistake on October 29, which the Department of Telecom rescinded through a notification on November 25. "This error now stands rectified by the Department of ...

India's house price index rises 2.2% in Q2 as RBI updates base year

The All-India House Price Index (HPI) based on transactions in 18 major cities increased at a slower pace of 2.2 per cent in the second quarter of the current fiscal compared to 7 per cent in the year-ago period, according to Reserve Bank data released on Thursday. The Reserve Bank of India (RBI) compiles the HPI quarterly based on transaction-level data received from the registration authorities. The central bank released its HPI for Q2:2025-26 with a new base year of 2022-23. The earlier base year was 2010-11. "All India HPI recorded an annual growth (y-o-y) of 2.2 per cent in Q2:2025-26 as compared to 7 per cent registered in the corresponding quarter a year ago. The cities like Nagpur, Ghaziabad, and Chandigarh contributed for the rise in HPI," RBI said. The value of House Price Index declined from 113.4 to 112.7 in Q2:2025-26 as compared to Q1:2025-26, owing to decrease of the index for major cities, namely Kolkata, Chennai, Lucknow and Hyderabad. On a quarter-on-quarter basi

Bank credit to improve to 11.5-12.5% in FY26, says CareEdge Ratings

Careedge expects stronger bank performance in FY26, with credit growth rising to 11.5-12.5% on consumption and corporate demand, even as weak deposit growth keeps the credit-deposit ratio high

Tejas should use filters on equipment to resolve interference issue: Airtel

Bharti Airtel urges Tejas Networks to add filters on BSNL 4G equipment to prevent signal interference affecting Airtel's network in Rajasthan, citing spectrum compliance issues

Private banks may lose ground again in FY26 as credit growth lags

Analysts attribute the relative slowdown among private-sector banks partly to specific events, notably the merger between HDFC Bank and HDFC

Incentivise buyers to purchase India-made chips, says industry body

India has ten semiconductor projects in the works, spanning fabs, outsourced semiconductor assembly and test (OSAT) units and assembly, testing, marking and packaging (ATMP) facilities

Launches boost presales growth of top real estate developers in Q2

Listed players relatively insulated from overall housing sales moderation: Analysts

Datanomics: Delhi's Red Fort 4th-largest attraction for domestic tourists

The Red Fort reopened after the recent blast and ranked fourth among centrally protected monuments for domestic visitors in FY25, drawing 2.88 million tourists and remaining a key heritage attraction

New labour codes to increase formalisation 15%, says SBI report

SBI expects India's four new labour codes to boost formalisation 15%, extend social security to 85%, and create 7.7M jobs, though costs and state rules may affect results

Chhattisgarh gets ₹6,826 cr investment proposals in industry, tourism

CM Vishnu Deo Sai meets investors, exchanges Letter of Intent

First-time, women fund managers outperform in FFS scheme: SIDBI CMD

First-time and women-led fund managers outperformed in SIDBI's Fund of Funds for Startups scheme, delivering strong returns and supporting 1,300 startups, says SIDBI CMD Manoj Mittal

Data centre operator revenue to reach ₹20,000 cr by FY28: Crisil Rating

The report highlighted that to cater to buoyant demand, capacity in the industry is expected to double to 2.3-2.5 gigawatt (GW) by March 2028

Coverage under QCO is not enough to make an item 'restricted' under FTP

Relaxation covers exports still within 15 months as of Nov 13, 2025; FTP rules clarify quality-control imports, re-exports and refunds

Pvt credit emerges key growth driver for India's real estate: Knight Frank

Institutional investors include family offices and global private equity firms