Page 7 - Industry News

Electric vehicle sales saw surge in FY26 on strong year-end push

Electric vehicle sales rose sharply in FY26, driven by strong growth in two- and four-wheelers and a robust year-end push, as per Vahan registration data

Don't waste the oil shock, use it to secure India's energy future

Crude oil imports alone in 2025-26 are around 225 Mt. At $120 per barrel, the annual import bill for crude oil will be around $160 billion, compared with $80 billion at a crude price of $60 per barrel

There is adequate supply of seeds, pesticides for kharif 2026 sowing: Govt

Says prices of most essential food items fairly stable despite the war

Shipbuilding ties to be in focus during South Korea President's visit

India and South Korea to prioritise shipbuilding cooperation during Lee Jae Myung's visit, alongside talks on semiconductors and small modular reactors

India's realty investment falls 62% in Q1 amid West Asia tensions: Vestian

Institutional investment in Indian real estate sector fell 62 per cent during January-March period to USD 1.41 billion from the previous quarter amid negative sentiments because of the West Asia conflict, according to Vestian. The investment in real estate stood at USD 3.73 billion in the October-December quarter of the 2025 calendar year. However, real estate consultant Vestian said investments rose 74 per cent from USD 0.81 billion in the year-ago period and this highlights strong investor confidence in India's real estate sector, even as global headwinds continue to intensify. Driven by strong demand from GCCs, commercial assets dominated investment activity in Q1 2026 with 80 per cent share. Investment in commercial assets fell to USD 1.12 billion in January-March from USD 2.28 billion in the preceding quarter. The inflow of fund jumped more than three times from USD 307.2 million in the January-March period last year. Commercial assets include office, retail, co-working, and

Power consumption rises marginally 1.8% to 149.56 bn units in March

Power consumption in the country grew marginally by 1.8 per cent to 149.56 billion units in March from 146.92 BU a year ago amid lesser use of appliances like air-conditioners and coolers due to unseasonal rains. Intermittent rains have kept the temperature at a lower level, delaying the onset of summer across the country. According to the government data, the peak power demand met or the highest supply during March this year rose slightly to 238.37 GW from 235.22 GW recorded in February 2025. The peak power demand touched an all-time high of about 250 GW in May 2024. The previous all-time peak power demand of 243.27 GW was recorded in September 2023. During the last summer (April 2025 onwards), the peak power demand reached 242.77 GW in June, but stayed lower than the government's estimate of 277 GW. The power ministry has estimated about 270 GW of peak power demand during the summer season this year. According to the Indian Meteorological Department, March this year saw higher

Centre assures adequate Kharif inputs, urges states to curb hoarding

The Centre on Wednesday asserted that the country has an adequate supply of seeds and agro-chemicals for the upcoming Kharif season, and asked states to check hoarding, black marketing, smuggling and diversion of fertilisers for non-farm usage. Addressing an inter-ministerial briefing on recent developments in West Asia, Maninder Kaur Dwivedi, Additional Secretary in the Agriculture Ministry, said, "The most important input is seeds. There is an adequate availability of seeds for the upcoming Kharif (summer-sown) sowing season". She said the total estimated requirement of seeds for the Kharif 2026 is 166.46 lakh quintals, while the availability is 185.74 lakh tonnes. So, there is a surplus of 19.29 lakh tonnes. Dwivedi noted that there is enough supply of seeds for all major crops. She said the total availability of seeds for paddy crop is 80.9 lakh quintals, soyabean 35.7 lakh quintals, groundnut 21.1 lakh quintals, and maize 11.9 lakh quintals. The availability of seeds is ...

Coal demand rises in India as West Asia crisis disrupts gas supply

Coal demand in India is rising as the West Asia crisis disrupts gas supplies, prompting higher auctions by Coal India and pushing industries to reconsider fuel choices amid tightening energy markets

India bulks up Russia oil imports; Gulf flows ebb as tensions rise

Furthermore, Angola has emerged as one of the biggest crude oil suppliers to India amid attempts to source from West Asian alternatives

MGNREGA work dips to 53.2 million households in FY26, lowest in six years

In FY25, around 57.8 million households got work under the scheme

Oil shock concludes FY26 amid record gold, silver gains as volatility rises

The oil crisis is unfolding amid record global debt, fragile supply chains, and emerging market volatility

Vikram Yadav new DGCA chief; Faiz Ahmed Kidwai's turbulent tenure ends

Faiz Ahmed Kidwai moved after tenure marked by aviation crises, safety lapses and regulatory challenges, as Centre appoints Vir Vikram Yadav as new DGCA chief

M&As surge in India's RE sector as investors eye de-risked route to scale

India's renewable energy sector is witnessing a surge in M&A activity as investors opt for faster, de-risked growth amid strong capacity targets, policy push, and rising demand visibility

Powered by tax relief, auto sales race to record 29.5 million in FY26

Strong rural demand, policy support, and festive season boost drive auto sales to record highs in FY26, while electric vehicles see rapid adoption across segments

Q4 results preview: IT cos set for soft finish to FY26 as war clouds gather

West Asia conflict, GenAI fears, and cautious clients weigh on demand

IIP growth rose to 5.2% in February as manufacturing output climbs

Industrial output growth edges up to 5.2% in February, led by manufacturing recovery, while electricity and mining output show mixed trends amid global pressures

India's fuel exports drop amid European Union sanctions, West Asia war

Latest sanctions by EU banning imports of fuels made from Russian crude oil from January has hurt India's sales, say industry sources

Cert-In warns of multiple vulnerabilities in Apple's products and services

Advisory flags high-severity flaws that could enable remote code execution, system access, and denial-of-service attacks across Apple devices and other platforms

Unified pipeline tariff unchanged at ₹54/mmBtu for CNG, PNG users

PNGRB retains Zone 1 tariff for CNG and domestic PNG users while revising Zone 2 rates; earlier reduced unified tariff zones from three to two

Govt extends Indian Potash STE status for urea imports till March 2027

The government has extended the state trade enterprise (STE) status of Indian Potash Ltd till March 31, 2027 for import of urea, according to a notification. India produced 306.67 lakh tonnes of urea in 2024-25 and imported 56.47 lakh tonnes of the nutrient to meet the domestic demand. The country has imported 98 lakh tonnes of urea in the first eleven months of this fiscal year. "Import of Urea (Agricultural grade) on Government account is allowed through Indian Potash Ltd... till 31.03.2027," the Directorate General of Foreign Trade (DGFT) has said in a notification dated March 27. The move is important as the West Asia crisis has disrupted global fertiliser trade.