Page 4 - Industry News

Haryana govt to introduce new MSME policy soon, says Haryana CM Saini

The Haryana government will soon bring a new MSME policy, Chief Minister Nayab Singh Saini said on Saturday. The new MSME policy, which will take the MSME and export sectors to new heights, is under the cabinet approval, but its draft contains several important proposals for the benefit of the industry, Saini said. He said the proposed export freight subsidy support limit has been increased from Rs 10 lakh to Rs 30 lakh per unit per year. Industries exporting more than 80 per cent of their production will be given special recognition on the proposed Udaan Dwar Portal, enabling them to connect more easily with international buyers, he said. He also said the draft policy proposes affordable insurance products by expanding the scope of the Mukhyamantri Vyapari Kshatipurti Yojana to protect small traders and MSMEs against losses arising from fire, theft, and natural disasters. To further improve ease of doing business, land feasibility certificates will now be issued within 45 working

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

Film set safety in India: What's missing from the legal framework?

The death of a crew member on the sets of Love & War has revived concerns over film set safety. While film workers are covered by labour laws, India still lacks a dedicated framework for on-set safety

Not cutting-edge, but can Tata's chip fab reduce India's import bill?

India's first semiconductor fabrication plant is making headlines for what it may not produce. Here's why

TV, radio licensees can opt for new Telecom Act regime: Draft rules

The Centre's draft Telecom Rules consolidate TV and radio guidelines and allow existing licensees to voluntarily migrate to the new authorisation framework

India unveils its first air taxi prototype: Here's how eVTOLs work

The unveiling of India's first electric air taxi prototype has brought a technology that has long been under development into the spotlight

Why Isro is seeing more exits and what it could mean for India's space push

Why is the government making it harder for some Isro scientists to leave? The answer lies in India's growing private space industry, and lessons from abroad

Why India's growing solar surplus is going unused despite record demand

India's solar generation has surged to record levels, but an average 24 GWh of electricity went unused every day in May 2026 because the grid could not absorb it before demand shifted to the evening

India becomes world's largest retail GCC hub with 180 centres: Report

Retail GCCs in India now employ over 0.27 million professionals, with hiring increasingly shifting towards AI, engineering and supply chain roles, a report said

Why India's SEZ regime is headed for its biggest overhaul since 2005

Industry and policy experts say the original framework helped exports but struggled to deliver the manufacturing transformation once envisioned

Delhi University gets 142,700 UG registrations for 2026-27 admissions

Delhi University has received more than 1.42 lakh registrations for undergraduate admissions for the 2026-27 academic session, with over 43,500 aspirants submitting their programme and college preferences under the second phase of the admission process, officials said on Saturday. Dean of Admissions Haneet Gandhi said that 1,42,733 candidates had registered under Phase I of the Common Seat Allocation System (CSAS), with 43,547 applicants filling in their programme and college preferences under Phase II. The second phase of the undergraduate admission process began on July 3 and will remain open till 11.59 pm on July 11. Admissions to over 71,000 seats, covering 73 undergraduate programmes and over 100 BA programme combinations across 67 colleges, will be based on CUET-UG 2026 scores, subject to programme-specific eligibility criteria. During Phase II, candidates are required to map their Common University Entrance Test subjects with those studied in Class 12 before submitting their

Hudco to provide up to ₹1 trillion loan for Bihar infrastructure projects

The proposed financing is equivalent to about $10.5 billion at current exchange rates, the company said

White plates, shared costs: Why carpooling remains legal grey zone in India

As app-based carpooling platforms expand in India, questions remain over where cost-sharing ends and commercial transport begins under the country's existing motor vehicle laws

Indian public relations industry pegged to reach ₹4,500 cr by 2030: Report

The Indian public relations industry is expected to reach Rs 4,500 crore by 2030, having grown 11 per cent in FY26 to reach Rs 3,230 crore, according to a report. The growth rate of 11 per cent in FY26 is a moderation from a decade-long CAGR of 12 per cent, signalling a maturing industry, said the SPRINT 2026 report by Public Relations Consultants Association of India (PRCAI). In FY26, the Indian PR industry accounted for 12.6 per cent of the Asia-Pacific market, the report, which was released on Thursday, added. As per the report, the government's share of top client categories has nearly tripled between 2022 and 2026, from 4 per cent to 11 per cent, even as private corporates -- the industry's mainstay -- slipped from 48 per cent to 42 per cent over the same period. Start-ups have nearly quadrupled their share, from 6 per cent to 22 per cent over the same period. "Overall, start-ups, education and ed-tech, government and FMCG are the strongest sectoral gainers," it said. The re

Private transport firms using unfair competition to stop Bharat Taxi: Shah

Union Cooperation Minister Amit Shah on Saturday alleged some private transport service companies are engaging in unfair competition by operating at a loss and slashing fares to drive out the cooperative mobility platform, Bharat Taxi. He declared that Bharat Taxi will reach more than 500 cities across India within two years. Speaking at the official launch of Bharat Taxi in Gujarat at Mahatma Mandir in Gandhinagar, Shah said reports claiming Bharat Taxi's fares are higher were misleading. He launched Bharat Taxi service in 14 major cities of the state, including Ahmedabad, Surat, Dwarka, Vadodara, Rajkot, Somnath, Valsad, Anand, Jamnagar, Bhavnagar, Nadiad, Junagadh, Mehsana and Amreli. Bharat Taxi was soft-launched in Gujarat in December 2025. "Today, I received some phone calls, and some newspapers have reported that Bharat Taxi's fares are higher. I want to tell customers across the country that wherever Bharat Taxi is entering, competing companies are slashing their fares, re

Mini-economy: Little shoppers become Indian apparel's biggest growth story

Country's youngest consumers are reshaping wardrobes as brands expand kidswear offerings to capture rising demand

India plans to value its coal reserves in rupees: What does it mean?

MoSPI has proposed a framework to assign a monetary value to India's coal reserves. Here's what natural capital accounting means and why it differs from pricing coal

El Nino is a global crisis, keeping close watch on situation: Piyush Goyal

Goyal said the government is prepared and focused on safeguarding farmers' interests. "If a water crisis arises, all necessary steps to tackle it will be taken," he assured

India-UK trade pact: What changes for autos, whisky, textiles, steel

Here are the key takeaways from the India-UK trade deal, from lower tariffs on cars and Scotch whisky to duty-free textile access, social security relief for professionals and steel export safeguards

India may ease emergency fuel curbs once global tensions ease: Official

Measures on LPG monitoring, gas allocation and fuel hoarding were imposed to protect domestic supply after disruptions around the Strait of Hormuz