Industry News

India becoming major manufacturer, exporter of railway products: Vaishnaw

Vaishnaw said India is designing, manufacturing and exporting advanced railway components, including propulsion systems and electronics, to countries such as France, Germany, the US and Japan

200,000 micro food processing enterprises covered under PMFME scheme: Govt

The total subsidy amount provided so far under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme is around Rs 6,000 crore

India-New Zealand FTA to aid dairy sector via agri-tech partnership: MEA

Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon recognised the important role of the FTA in strengthening the bilateral economic partnership

FSSAI issues notices to Swiggy Instamart after complaints of expired food

FSSAI has issued 9 notices to Swiggy Instamart after receiving multiple complaints alleging the delivery of expired, spoiled, rotten and contaminated food products, and has sought a detailed report

IT industry should capitalise on global semiconductor talent gap: Vaishnaw

Ashwini Vaishnaw said the global semiconductor industry faces a talent shortage of around 1 million people and urged India's IT sector to capitalise on the opportunity

India sees iPhone 17 stock crunch as demand rises amid fears of price hike

Retailers report limited fresh supplies of the base model and rising demand as buyers rush to purchase before any potential price increase, though Apple has not announced higher iPhone prices

Odisha gets first in-house genomics lab to advance precision cancer care

IMS and SUM Hospital becomes first in Odisha to set up a comprehensive in-house genomics laboratory, enabling advanced cancer diagnosis and precision medicine without patients travelling outside state

Railway engineers demand pay commission for wage parity, Group B posts

AIREF has urged the 8th Central Pay Commission to restore pay parity, expand Group-B posts, improve career progression and enhance allowances for railway engineers

Trai says 1600-, 140- number series can't be tagged and filtered

The telecom regulator said designated 1600 and 140 number series used for banking, financial and government communications cannot be tagged, blocked or filtered by apps

Centre rules out reversal of ethanol push, citing huge investments

The government cited logistical challenges and investments in ethanol infrastructure while acknowledging that E20 fuel delivers 3-5 per cent lower mileage than conventional petrol

ONGC to build 1.75 MT strategic petroleum reserve at Mangalore

ONGC has approved a 1.75 MT strategic petroleum reserve in Mangaluru, expanding India's emergency oil storage capacity amid heightened global supply risks

Coimbatore's Deccan Pumps in talks with US agtech major for stake sale

The proposed minority stake sale could pave the way for the US firm's entry into India's water-tech sector and strengthen innovation in precision irrigation and agtech

Only 8 of 23 coal blocks get bids in latest commercial mine auction round

The Coal Ministry received 21 bids from 16 companies, including four first-time participants, for eight of the 23 coal blocks offered in the latest auction round

Elevated coal costs seen capping Q1 margin recovery for steel firms

Steel producers are expected to post weaker-than-expected Q1 margin recovery as higher coking coal, freight and operating costs offset gains from stronger domestic steel prices

Govt exempts IFSC GIFT City units from Coastal Shipping Act licensing norms

The exemption allows eligible IFSC GIFT City units to charter foreign vessels for EXIM and international trade without obtaining a licence under the Coastal Shipping Act

REC to invest ₹15,000 crore in Tripura's power and renewable energy sectors

REC has signed two MoUs with the Tripura government to provide Rs 15,000 crore in financial support for renewable energy and power infrastructure projects

Cement cos seen posting healthy volume growth in Q1; margins under pressure

Strong infrastructure demand and a favourable base are expected to lift cement volumes in Q1 FY27, but higher fuel and input costs are likely to keep profitability under pressure

After WhatsApp, Telegram replies to govt notice on 'username' feature

The Centre had raised concerns that allowing users to communicate without sharing their phone numbers could materially increase online fraud, phishing, impersonation and digital arrest scams

US recalls 2.5 mn bottles of India-made eye drops after contamination scare

The US Food and Drug Administration (FDA) said the recall was started because of the potential presence of a foreign substance in the eye drops

Centre mandates TReDS route for CPSE purchases from MSMEs. What changes?

The Ministry of MSME said the change is intended to address the delayed payments faced by small businesses