Industry News

West Bengal to scrap urban land ceiling law, says FM Swapan Dasgupta

West Bengal plans to scrap the Urban Land Ceiling Act to unlock land, attract investment and accelerate urban and industrial development

Odisha unveils GO-EAST policy, tweaks regulations for next industrial leap

Chief Minister Mohan Charan Majhi launches GO-EAST and revises the Industrial Policy Resolution to attract investment and accelerate industrialisation in backward districts

Drilling for oil in a disputed belt amid push for Northeast exploration

A tripartite agreement hopes to clear the ground for oil and gas exploration in the Northeast, but it won't be easy

₹37,500-cr coal-gasification scheme links incentives to competitive bids

Scheme links incentives to competitive bids and project milestones, with subsidy caps and penalties to accelerate coal gasification and reduce import dependence

Hyderabad emerges as India's highest-priced GCC office market: Report

Hyderabad, with a GCC-CPRI of 212.1, is supported by strong occupier demand and a 15 per cent market rental premium over non-GCC occupiers. The index considers Q1 CY14 as the base at 100

India's steel exports to EU may fall 24% due to CBAM, says ICRIER study

ICRIER says the EU's Carbon Border Adjustment Mechanism could cut India's steel exports by 24 per cent and have only a marginal impact on global carbon emissions

Mantra Group secures ₹2,000 crore Worli project through NCLT resolution

Pune-based developer Mantra Group has won the stalled Worli project through the insolvency resolution process, marking its third acquisition in Mumbai within a year

Is electricity the new oil? Why firms are pushing towards electrification

From electric vehicles to battery factories and AI data centres, electrification is emerging as the next frontier of economic growth, but will it do to the world what oil did in the last century?

Why some states lag in rooftop solar installation despite PM Surya Ghar

India added a record 2.7 GW of rooftop solar capacity in the January-March quarter, but growth remains concentrated in a handful of states.

India Inc profit hit from West Asia crisis to halve if truce holds: Crisil

The revised outlook follows a sharp correction in crude oil prices after the reopening of the Strait of Hormuz under a fragile US-Iran memorandum of understanding

Alembic Pharma gets USFDA nod for drug to treat influenza A and B in babies

The drug that has received the final approval from the US regulatory body is Oseltamivir Phosphate for Oral Suspension, 6 mg/mL

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

Railways to modify its wagon design policy in the next 15 days

Indian Railways plans to let industries design customised wagons, aiming to boost freight volumes and attract new cargo segments

Power sector faces cost pressure from rising aluminium, copper prices

Rising aluminium and copper prices are driving up costs for India's power equipment and renewable energy sectors, squeezing margins and project economics

Govt eases quality control order hurdles for toys, ACs and furniture

Government eases QCO compliance with a transition scheme, offering manufacturers temporary relief while maintaining quality standards

Mumbai Port unveils ₹3,541 cr projects to boost cargo and waterfront growth

Mumbai Port Authority unveiled projects worth ₹3,541 crore, spanning berth upgrades, a marina, connectivity and waterfront development to boost cargo capacity and tourism

Demand for life insurance to remain strong in FY27, says Keki Mistry

Chairman Keki Mistry says favourable demographics, rising financial awareness and regulatory reforms will support long-term growth in India's life insurance sector

Jio's offer to repurpose 26GHz spectrum faces Airtel's opposition

The spectrum band promised a lot - high speeds in 5G-enabled cellphone handsets, and enough bandwidth to work in crowded areas like stadiums, airports and ports

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

Technology startups raised $7.2 billion in the first half of 2026, with larger funding rounds driving growth even as deal volumes, investor participation and first-time funding declined

MGL urges residents in gasified societies to apply for PNG connections

Mahanagar Gas says LPG supplies to housing societies with operational PNG infrastructure will stop after 90 days, urging residents to apply for piped gas connections