Page 2 - Private Sector

Govt to boost rare earth magnet output via PLI scheme, private sector push

The Centre has initiated PLI schemes, which offer financial incentives tied directly to measurable outcomes and have been designed to boost domestic manufacturing

Private sector debt recast firms' AUM may further shrink, says CRISIL

CRISIL forecasts a 4-6% drop in AUM for private asset reconstruction companies (ARCs) in FY26 due to subdued acquisitions of stressed loans and potential disruptions from loan securitisation

IN-SPACe transfers 10 ISRO technologies to private sector for space growth

IN-SPACe has transferred 10 cutting-edge ISRO technologies to six Indian companies, spanning upstream, midstream, and downstream sectors, to boost India's space industry capabilities

Private sector business activity rises to 14-month high in June: PMI data

Flash PMI rose to 61, up from a downward revised figure of 59.3 in May

Goa's private industries face acute manpower shortage, says CM Sawant

Goa Chief Minister Pramod Sawant on Wednesday acknowledged a "significant manpower shortage" in industries despite employment opportunities, noting that local youths are reluctant to join the private sector over job security concerns. A meeting of representatives from various industry bodies and state government, chaired by Sawant, has decided to revise the minimum wages across industries and discussed the introduction of skilling courses. Sawant said industries are witnessing a significant manpower shortage and cited an instance wherein only two candidates turned up for interviews conducted by the Goa Pharma Association. A similar situation prevails in the shipbuilding sector, he said. "Job opportunities are available, but there is no manpower," Sawant said, adding that the meeting focused on the issues faced by industries in recruiting local youth. He said the government discussed the introduction of skilling courses and the preparation of an action plan. The chief minister not

Defence ministry weighs licensing reform; DAP 2020 revision by Nov-end

The revision of the Defence Acquisition Procedure (DAP) 2020 document, aimed at streamlining the defence procurement policy, will be completed within six months

Private sector in plane production welcome, but mindset change needed, too

The end of HAL's automatic monopoly is a good thing, and it is welcome news that the ministry has moved so quickly on the recommendations of a report submitted in March

Statsguru: Private sector remains cautious on investment plans in India

While investments in manufacturing were relatively stable, the same is not true of information & communication as well as the transportation & storage sector

Hoping to regain investor trust, China enacts its first private sector law

China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions

Pvt sector capex likely to dip 25% to Rs 4.88 lakh cr in FY26: Govt survey

Intended capital expenditure of the private corporate sector is estimated to decline by about 25 per cent to Rs 4.88 lakh crore in 2025-26 from Rs 6.56 lakh crore in FY25, said a government survey report released on Tuesday. According to the Forward-Looking Survey on Private Sector CAPEX Investment Intentions between November 2024 and January 2025, conducted by the Ministry of Statistics & Programme Implementation, the actual capex in the private corporate sector was Rs 3.94 lakh crore in 2021-22, Rs 5.72 lakh crore in 2022-23 and Rs 4.22 lakh crore in 2023-24. A total of 2,172 enterprises submitted complete information for all five years of the reference period, forming a fixed panel. The aggregated (unweighted) capex data from this panel of enterprises serves as a reliable basis for analysing capital expenditure trends over the five-year period, the ministry said. The results show an overall increase of 66.3 per cent in aggregate capex (unweighted) over the four-year period from

Inherent risks in sustainable finance drive up lending costs: RBI's Rao

He noted that this prompts private sector investors and lenders to seek appropriate de-risking mechanisms

Sunil Bharti Mittal joins World Bank's pvt sector investment lab initiative

The World Bank Group on Thursday announced the launch of the next phase of PSIL

Result preview: Capital goods sector may see modest profit growth in Q4

It would be supported by a rebound in defence and transmission orders

Parl panel flags non-contribution by pvt sector employers in employees' PF

A Parliamentary Committee on Thursday pointed out non-payment of contribution by private sector employers towards their employees' provident fund and asked the government to take up the matter with EPFO in case any such grievances are received. The observation was recorded by the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice in its 146th report, tabled in Parliament on Thursday, on the Demands for Grants (2025-26) pertaining to the Department of Administrative Reforms & Public Grievances (DARPG) and Department of Pension & Pensioners' Welfare. "It has come to the notice of the Committee, that in the form of public grievances a large number of employees who work in private sector where funds are under the watch of EPFO, the employer do not pay their share of contribution and even sometimes do not even pay the employees' contribution as well," the report said. The panel said some of the private sector organisations have made

Former Kearney India head Vikas Kaushal named Hindustan Petroleum CMD

Kaushal to be the first head of a state-owned oil major from the private sector, to take an 80 per cent pay cut

How can pvt investment shape India's defence? Experts debate at BS Manthan

At BS Manthan, experts stress that private sector investment is key to making India's defence industry self-reliant, competitive, and globally influential

India's economic reset underway but clock is ticking: Experts at BS Manthan

India's economy is growing, but seizing its full potential means spurring corporate investment, tackling judicial delays and ensuring inclusive growth, said panelists on the first day of BS Manthan

BS Manthan: Can private firms drive India's defence self-reliance?

Can private firms drive India's defence self-reliance? BS Manthan brings top experts to discuss policy reforms, industry innovation, and the future of military technology

Services sector growth pushes India's private sector output to 6-month high

The survey noted that companies operating across India's private sector economy continued to see improved international demand for their goods and services