Industry

Category - Industry

Jio-BP raises petrol prices by ₹5 and diesel by ₹3 per litre, pushing Haryana rates close to ₹110

Jio-BP raises petrol prices by ₹5 and diesel by ₹3 per litre, pushing Haryana rates close to ₹110

Jio-bp, the fuel retailing joint venture involving Reliance Industries, has increased petrol prices by ₹5 per litre and diesel prices by ₹3…

Reliance, Nayara restrict fuel sales as crude crosses $107, widening losses amid unchanged domestic prices

Reliance, Nayara restrict fuel sales as crude crosses $107, widening losses amid unchanged domestic prices

Reliance, Nayara restrict fuel sales as crude crosses $107, widening losses amid unchanged domestic prices...

Essar Group to invest Rs 1.5 lakh crore in US, plans America’s biggest steel plant by 2030

Essar Group to invest Rs 1.5 lakh crore in US, plans America’s biggest steel plant by 2030

Indian conglomerate Essar Group will invest $18 billion, or around Rs 1.5 lakh crore, in the United States, with the biggest share going in…

Jio-BP, Nayara cap diesel sales as crude crosses $110, widening losses for Indian oil companies

Jio-BP, Nayara cap diesel sales as crude crosses $110, widening losses for Indian oil companies

Diesel supplies at some private fuel stations have been capped as international crude prices have surged amid renewed conflict and tensions…

CEA flags E20 risks, seeks E10 option as ethanol demand threatens vehicles, food prices and water security

CEA flags E20 risks, seeks E10 option as ethanol demand threatens vehicles, food prices and water security

India’s ethanol-blending push, which helped the country achieve its target ahead of schedule and save billions of rupees on crude oil impor…

S becomes India’s largest LPG supplier as LNG imports shift sharply from Qatar amid Hormuz crisis

S becomes India’s largest LPG supplier as LNG imports shift sharply from Qatar amid Hormuz crisis

The United States has emerged as India’s largest LPG supplier, meeting nearly 67% of the country’s cooking gas requirement after the Hormuz…

Dairy drinks overtakes soft drinks, redefines Rs 1.1 lakh crore beverages market

Dairy drinks overtakes soft drinks, redefines Rs 1.1 lakh crore beverages market

India’s record-breaking summer this year is reshaping the country’s Rs 1.1 lakh crore soft drinks market, with traditional dairy beverages …

New emergency oil reserve to boost India’s energy security amid global supply disruptions

New emergency oil reserve to boost India’s energy security amid global supply disruptions

The Centre has decided to build a new strategic emergency oil reserve in the aftermath of the oil supply concerns witnessed during the rece…

Government caps Ujjwala subsidy benefit to four LPG cylinders as global gas prices surge

Government caps Ujjwala subsidy benefit to four LPG cylinders as global gas prices surge

The government has decided to limit the additional ₹300 subsidy under the Pradhan Mantri Ujjwala Yojana (PMUY) to only the first four LPG c…

Fashion sales slump despite market growth; Brands advance July discounts to revive consumer demand

Fashion sales slump despite market growth; Brands advance July discounts to revive consumer demand

Fashion retailers across India are rolling out aggressive discounts weeks ahead of schedule as slowing consumer demand forces brands to ret…

Fuel price hikes spark outrage despite record profits earned by state-run oil marketing companies this fiscal

Fuel price hikes spark outrage despite record profits earned by state-run oil marketing companies this fiscal

India’s three state-run oil marketing companies have come under sharp political attack after raising petrol and diesel prices despite posti…

Diesel price surge forces lakhs of trucks off roads, freight rates rise across India sharply

Diesel price surge forces lakhs of trucks off roads, freight rates rise across India sharply

Transport operations across India are slowing down as rising diesel prices begin hitting the backbone of the country’s supply chain...

Air India cuts domestic flights amid rising fuel burden, international operations already reduced significantly

Air India cuts domestic flights amid rising fuel burden, international operations already reduced significantly

Air India is set to reduce up to 22% of its domestic flight operations between June and August as rising fuel prices continue to strain air…

Centre launches mega industrial park mission, plans 100 manufacturing hubs with ₹33,660 crore investment

Centre launches mega industrial park mission, plans 100 manufacturing hubs with ₹33,660 crore investment

The Centre on Saturday unveiled the guidelines for the ambitious ‘Bhavya’ scheme, aimed at creating 100 industrial parks across the country…

India extends sugar export ban till September 2026, Centre acts to stabilise domestic supply and prices

India extends sugar export ban till September 2026, Centre acts to stabilise domestic supply and prices

The Centre has imposed a fresh ban on sugar exports to ensure adequate domestic availability and keep retail prices under control...

Gold jumps ₹9,000 and silver ₹18,000 after Centre sharply raises import duty rates

Gold jumps ₹9,000 and silver ₹18,000 after Centre sharply raises import duty rates

The Centre’s decision to raise import duty on gold and silver from 6% to 15% has triggered a massive spike in bullion prices across the cou…

Gold jewellery shares crash after PM Modi urges citizens to avoid gold purchases for one year

Gold jewellery shares crash after PM Modi urges citizens to avoid gold purchases for one year

Jewellery company shares tumbled sharply on Monday after Prime Minister Narendra Modi appealed to citizens not to buy gold for one year to …

Gold stocks tumble after PM Modi urges Indians to avoid buying gold for one year

Gold stocks tumble after PM Modi urges Indians to avoid buying gold for one year

Jewellery stocks witnessed a sharp selloff on Monday after Prime Minister Narendra Modi appealed to citizens to avoid buying gold for one y…

Oil firms lose ₹1,700 crore daily as fuel prices stay frozen despite global crude oil surge

Oil firms lose ₹1,700 crore daily as fuel prices stay frozen despite global crude oil surge

India’s state-run oil companies are facing massive financial stress as petrol and diesel prices remain unchanged despite a sharp rise in gl…

Plastic pouches for gutkha and pan masala set to be phased out under new rules

Plastic pouches for gutkha and pan masala set to be phased out under new rules

Consumers may soon stop seeing plastic pouches for gutkha, tobacco and pan masala as India moves towards greener packaging...

Airlines warn of shutdown risk as fuel costs surge, seek tax cuts and urgent relief

Airlines warn of shutdown risk as fuel costs surge, seek tax cuts and urgent relief

Air travel in India may soon become costlier as a steep rise in aviation turbine fuel prices pushes airlines to the brink...

Gold and silver imports cleared for 15 banks, supply assured before Akshaya Tritiya demand surge

Gold and silver imports cleared for 15 banks, supply assured before Akshaya Tritiya demand surge

The Centre has granted fresh licences to 15 major banks, including State Bank of India, Punjab National Bank and HDFC Bank, to import gold …

Centre raises commercial LPG quota to 70 percent amid crisis, industry sectors get priority supply boost

Centre raises commercial LPG quota to 70 percent amid crisis, industry sectors get priority supply boost

A fresh push by the Centre to ease the ongoing gas crunch has led to a major increase in commercial LPG allocation across the country...

Government cuts excise duty by Rs 10 on petrol diesel to keep prices stable

Government cuts excise duty by Rs 10 on petrol diesel to keep prices stable

The Centre has reduced excise duty on petrol and diesel by Rs 10 per litre each in a move aimed at preventing any immediate spike in retail…

Premium petrol price rises by up to ₹2.35 per litre, Bhopal touches ₹117 mark

Premium petrol price rises by up to ₹2.35 per litre, Bhopal touches ₹117 mark

Government-owned oil companies have increased the prices of premium petrol variants such as Speed, Power and XP95 by Rs 2.09 to Rs 2.35 per…

Free seat selection for 60% domestic flights seats: families to sit together without extra charges

Free seat selection for 60% domestic flights seats: families to sit together without extra charges

The government has taken a major passenger-friendly step by allowing travellers to select seats free of cost on domestic flights...

LPG shortage spreads across India as panic booking rises, long queues form and black marketing surges

LPG shortage spreads across India as panic booking rises, long queues form and black marketing surges

The LPG shortage that began amid the ongoing conflict involving the United States, Israel and Iran has triggered panic across India, with l…

IT Minister seeks fair pay model for digital creators, urges platforms to share revenue equitably

IT Minister seeks fair pay model for digital creators, urges platforms to share revenue equitably

Union IT Minister Ashwini Vaishnaw has called for a structural shift in the way global digital platforms function, pressing for a fair reve…

IndiGo plans to hire over 1,000 pilots after mass flight cancellations crisis

IndiGo plans to hire over 1,000 pilots after mass flight cancellations crisis

India’s largest airline IndiGo is preparing for one of the biggest pilot recruitment drives in the country’s aviation sector.

India to buy more US oil, cut Russia imports after new trade deal signals shift

India to buy more US oil, cut Russia imports after new trade deal signals shift

India has asked its state-run oil companies to consider buying more crude from the United States and Venezuela, according to a Bloomberg re…

Gold, silver crash on MCX after profit booking, higher margins; silver plunges 27%, gold down 12%

Gold, silver crash on MCX after profit booking, higher margins; silver plunges 27%, gold down 12%

Gold and silver markets witnessed a sharp crash on January 30 as heavy profit booking hit prices after recent record highs...

40 percent gig workers earn under Rs 15,000 as economic survey flags income insecurity

40 percent gig workers earn under Rs 15,000 as economic survey flags income insecurity

India’s expanding gig economy has come under sharp scrutiny in the Economic Survey tabled in Parliament on January 29, highlighting low and…

Silver crosses Rs 2 lakh per kg for first time, doubles in nine months

Silver crosses Rs 2 lakh per kg for first time, doubles in nine months

Silver prices in India touched a historic milestone on December 17, crossing Rs 2 lakh per kilogram for the first time ever...

America Depends on Chinese Scientists to Drive AI Advances at Meta Lab

America Depends on Chinese Scientists to Drive AI Advances at Meta Lab

Meta CEO Mark Zuckerberg’s announcement of a new super-intelligence lab in June has opened a major conversation in Washington’s tech and po…

India to Manufacture Russian SJ-100 Civil Aircraft: HAL-UAC Pact Could Boost UDAN Scheme

India to Manufacture Russian SJ-100 Civil Aircraft: HAL-UAC Pact Could Boost UDAN Scheme

India is set to begin local production of Russia’s SJ-100 civil commuter aircraft...

Textile traders allowed duty-free cotton import until December 31 to offset US tariff shock

Textile traders allowed duty-free cotton import until December 31 to offset US tariff shock

From August 27, the United States has imposed a 50 percent tariff on several Indian products, including textiles, gems and jewellery, and l…

Gold crosses ₹1 lakh mark for the first time, may rise further in coming months

Gold crosses ₹1 lakh mark for the first time, may rise further in coming months

On July 23, 2025, the price of 24-carat gold reached a historic peak of ₹1,00,533 per 10 grams...

Silver hits record ₹1.10 lakh per kg in India, Prices up 28% in 2024

Silver hits record ₹1.10 lakh per kg in India, Prices up 28% in 2024

On July 11, silver prices in India crossed ₹1.10 lakh per kilogram for the first time ever...

Govt Slashes Toll by 50% on Select Highways with Bridges, Tunnels and Flyovers

Govt Slashes Toll by 50% on Select Highways with Bridges, Tunnels and Flyovers

The central government has announced a major reduction in toll taxes on specific portions of national highways, offering up to 50% discount…

Sharp Surge in Ultra-Luxury Home Sales Across India, Record growth in Rs 50 crore-plus homes

Sharp Surge in Ultra-Luxury Home Sales Across India, Record growth in Rs 50 crore-plus homes

India’s ultra-luxury housing market has witnessed a remarkable boom in the first half of 2025, backed by a robust economy and rising demand…

Guava Wine Trend Rises in India; Popular U.S. Variant Priced at INR 1,879 Per Bottle

Guava Wine Trend Rises in India; Popular U.S. Variant Priced at INR 1,879 Per Bottle

Guava, a tropical fruit mostly relished as a snack or juice, is now making its way into the winemaking industry...

Service Charge Not Mandatory, Says Consumer Authority

Service Charge Not Mandatory, Says Consumer Authority

The Central Consumer Protection Authority (CCPA) has taken suo motu action against five restaurants in Delhi for continuing to levy mandato…

Gold and Silver Prices Dip on Akshaya Tritiya

Gold and Silver Prices Dip on Akshaya Tritiya

On the auspicious occasion of Akshaya Tritiya (April 30), traditionally considered a favorable time to buy gold, bullion prices took an une…

India’s Industrial Growth Falls to 4% in FY25; March Output Hit by Weak Mining, Manufacturing

India’s Industrial Growth Falls to 4% in FY25; March Output Hit by Weak Mining, Manufacturing

India’s industrial growth slowed to 4% in the financial year 2024-25, down from 5.9% recorded in the previous fiscal...

Gold Crosses ₹1 Lakh Mark for First Time in India

Gold Crosses ₹1 Lakh Mark for First Time in India

In a historic development, gold prices in India have breached the ₹1 lakh per 10 grams threshold for the first time...

Gold Hits New Record, Crosses ₹94,000 for the First Time, May Reach ₹1.10 Lakh by Year-End

Gold Hits New Record, Crosses ₹94,000 for the First Time, May Reach ₹1.10 Lakh by Year-End

Gold prices reached an all-time high on April 16...

Gas Cylinder Prices Hiked by ₹50; Ujjwala Beneficiaries Also Affected

Gas Cylinder Prices Hiked by ₹50; Ujjwala Beneficiaries Also Affected

Domestic LPG cylinders have become costlier by ₹50 starting Monday, April 7...

Housing Prices in India's Top Eight Cities Rise Over 10% in a Year

Housing Prices in India's Top Eight Cities Rise Over 10% in a Year

Driven by high demand and positive market sentiment, the average housing prices in India’s top eight real estate markets saw a 10% annual i…

Gold Hits All-Time High at ₹85,903 per 10 Grams, Silver Declines by ₹1,123

Gold Hits All-Time High at ₹85,903 per 10 Grams, Silver Declines by ₹1,123

Gold prices in India surged to a record high on February 11, reaching ₹85,903 per 10 grams...

Gold Surpasses ₹84,500 for the First Time: Prices Surge by ₹8,495 in 36 Days, May Hit ₹90,000 This Year

Gold Surpasses ₹84,500 for the First Time: Prices Surge by ₹8,495 in 36 Days, May Hit ₹90,000 This Year

Gold prices in India reached an all-time high for the third consecutive day on February 5...

Passengers Fill Railway’s Coffers, Earn Well by Transporting Goods

Passengers Fill Railway’s Coffers, Earn Well by Transporting Goods

The Economic Survey 2024-25, presented in Parliament on Friday, revealed significant growth in Indian Railways' passenger traffic and freig…

Gold Prices Drop Amid Dollar Strength for Second Consecutive Day

Gold Prices Drop Amid Dollar Strength for Second Consecutive Day

Gold prices in Delhi witnessed a decline for the second straight day, falling below ₹83,000 per 10 grams...