Industry News

Govt rolls out startup status for deeptechs, extends recognition to 20 yrs

The government has formally recognised deeptech startups, extending Startup India benefits to 20 years and raising the turnover limit to Rs 300 crore

India's mobility sector starts 2026 steady as truck rentals, EV sales grow

India's mobility sector opened 2026 on stable footing, with truck rentals holding steady month-on-month, healthy year-on-year growth across routes, and strong demand for EVs, SUVs, freight transport

India may need 2.7 bn sq ft of new academic infrastructure by 2035

India's higher education sector could require nearly 30,000 acres of new campus land and 2.7 billion sq ft of academic infrastructure by 2035, driven by rising enrolments and policy ambitions

Mumbai court rejects plea seeking probe against Sebi, BSE and NSE officials

A Mumbai anti-corruption court dismissed a plea seeking a probe against Sebi, BSE and NSE officials, calling it frivolous, unsubstantiated and an abuse of process

Centre notifies strict rules to curb illegal offshore mineral mining

Centre has rolled out new regulatory framework for offshore minerals, mandating real-time vessel tracking, digital transit permits, stricter export clearances to prevent illegal mining and transport

SC paves way for NBCC to finish 16 stalled Supertech housing projects

To prevent further delays, the Court also restrained all tribunals and High Courts from issuing orders that could obstruct or slow down construction activity undertaken by NBCC in this case

Non-animal testing can cut drug costs by up to 90%, says report

Dr Reddy's, Biocon and Sun Pharma are exploring human-based testing methods that could halve drug development timelines and sharply reduce costs, while meeting global regulatory standards

India's single-specialty healthcare market to triple to over $12 bn by 2030

Report points to a structural shift in India's $54 billion healthcare market as focused, asset-light providers scale alongside large hospitals

Rajasthan govt's self-employment scheme drew 5K applications in 10 days

State government's interest-free loan scheme for young entrepreneurs sees strong early uptake across districts

UNESCO-listed Darjeeling toy train logs strong tourism, revenue growth

The toy train, which has been accorded UNESCO World Heritage Site status, earned ₹24.6 crore in 2025-26, up from ₹21.2 crore in 2024-25

Oberoi Realty tops bid for Railway land in Mumbai's Bandra for ₹5,400 cr

Mumbai-based Oberoi Realty has emerged as the highest bidder for an 11-acre Railway land parcel in Bandra East for ₹5,400 crore, securing development rights on a 99-year lease

ArcelorMittal sees EU steel tariffs boosting profits, capacity use

In October, the European Union proposed doubling tariffs to 50% on all steel imports above a reduced quota. That will be a boon for ArcelorMittal, when the new import regime comes into force

Mines ministry notifies rules to curb illegal offshore mineral mining

The new framework mandates real-time vessel tracking, digital transit permits and prior export clearances, and introduces stringent penalties, including jail terms, to prevent illegal offshore mineral

Domestic newsprint production struggling to meet demand, says INS

Indian newsprint mills are able to meet only about 40 per cent of total demand

Leather industry looks at boom year with US, EU trade deals in bag

India-US and India-EU trade deals lift sentiment for leather exporters, who expect stronger orders, factory expansion and job creation as global sourcing shifts to India

Applications for 3 policies go online to help entrepreneurs in Rajasthan

Rajasthan moves three key entrepreneur support policies online, ending offline applications and easing access to MSME, export and ODOP incentives

A season for textiles, from Union Budget to biggest India Art Fair so far

As textiles return to the policy spotlight, India Art Fair reflects this moment, exploring fabric and fibre as living archives of labour, identity, and cultural memory

Some of our gig workers make more than fresher IT engineers: Urban Company

Urban Company said the findings are based on publicly available industry data, including Glassdoor estimates, assuming that entry-level IT and ITeS salary benchmarks are at ₹4 lakh per annum

Budget 2026 backs decarbonisation, clean energy supply chains

Union Budget 2026-27 lays out a long-term energy strategy focused on decarbonisation and supply chain resilience through CCUS funding, nuclear incentives, battery storage support, logistics upgrades

Govt likely to clear seven proposals worth ₹11,000 crore under ECMS

The Centre is likely to approve five to seven more applications under the Electronics Component Manufacturing Scheme, with cumulative investment of nearly ₹11,150 crore