industrial sector

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    ADB Projects Economic Deceleration for Nepal Due to Geopolitical Risks

    Kathmandu, April 10 – The Asian Development Bank (ADB) has projected that Nepal's economic growth will significantly decelerate in the current fiscal year 2025–26 due to the impact of last year's civil unrest and the ongoing conflict in West Asia involving the United States, Iran, and Israel...
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    LPG Allocation Boosts Supply for Key Industries Amid Regional Tensions

    April 09, New Delhi – The Informal Group of Ministers, led by Defence Minister Rajnath Singh, reviewed India's preparedness in light of recent developments in West Asia during its third meeting in New Delhi on Wednesday.The high-level meeting reviewed measures to ensure the uninterrupted...
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    Government Increases LPG Allocation to Industrial Sectors

    New Delhi, April 8 – The Centre announced on Wednesday that the increase in the commercial LPG limit to 70 per cent of the pre-March 2026 bulk consumption level will also apply to industrial units in the pharmaceutical, food, polymer, agriculture, packaging, paint, uranium, heavy water, steel...
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    Steel Sector Sees Strong Growth in Latest Financial Year

    The Ministry of Steel announced today that the country's steel sector had performed strongly in the last financial year, solidifying its position as the world's second-largest producer. It stated that the sector saw significant gains in production, consumption, and exports, driven by strong...
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    Rahul Gandhi Accuses Puducherry Govt of Fake Drugs

    Puducherry, April 6 – Strengthening his campaign for the April 9 Puducherry Assembly elections, Congress leader Rahul Gandhi accused the All India N.R. Congress–BJP government of overseeing a serious public health crisis, alleging widespread production and distribution of counterfeit medicines...
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    State Supports Voters: TN Offers Paid Leave for Neighboring State Elections

    Chennai, March 30 – In a significant step to facilitate voter participation across state borders, the Tamil Nadu government has directed employers to grant paid leave not only on its own polling day but also for employees registered as voters in neighboring states.Tamil Nadu goes to the polls...
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    CM Fadnavis Unveils Plans to Lower Electricity Costs & Boost Industrial Environment

    Mumbai, March 28: In a move to "ease doing business," Maharashtra Chief Minister Devendra Fadnavis announced significant reforms to the state's industrial licensing process on Saturday.Of the 33 previously required mandatory permissions, 20 have now been shifted to a self-certification model...
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    Government Increases LPG Allocation to 70% of Pre-War Demand

    New Delhi, March 27 The central government has increased commercial LPG allocations to states by 20 per cent, bringing the quota to 70 per cent of pre-war demand to meet industrial requirements, including steel and automobiles.In a letter to state chief secretaries, Oil Secretary Neeraj Mittal...
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    Telangana Seeks Increased CSR Investment from Companies

    Hyderabad, March 27 Telangana Chief Minister A Revanth Reddy has expressed dissatisfaction with the limited flow of CSR funds into the state, emphasizing that state-based companies should allocate at least 50% of their social responsibility funds within the state.He instructed officials to...
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    Naidu Highlights AM/NS Steel Plant as Development Milestone

    Anakapalli (Andhra Pradesh), March 24 Andhra Pradesh Chief Minister N Chandrababu Naidu said the NDA coalition government has delivered on its promise of transformation across sectors while laying the foundation for the ArcelorMittal Nippon Steel (AM/NS) India project in the Anakapalli district...
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    Wipro Launches Innovation Lab in Seoul, Boosting South Korea Presence

    New Delhi, March 23 Wipro announced on Monday the expansion of its business operations in South Korea, with a larger office footprint in Seoul and the launch of an Innovation Lab.With the launch of the Seoul Innovation Lab, Wipro now operates nine such facilities globally. The new lab will...
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    Himachal's Economic Growth: Key Figures & Trends

    Shimla, March 20 Himachal Pradesh recorded a real increase of 8.3 per cent in its Gross State Domestic Product (GSDP) and a 10.1 per cent rise in nominal growth in 2025-26, despite various challenges such as acute financial constraints, cuts in revenue deficit grants, and heavy losses due to...
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    Report Highlights Opportunities for India's Sports Equipment Industry

    NITI Aayog released a report in New Delhi today titled "Realising the Export Potential of India's Sports Equipment Manufacturing Sector," which aims to position India as a global hub for sports manufacturing.The report focuses on leveraging micro, small, and medium enterprises (MSMEs)...
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    Madhya Pradesh Seeks Investment: CM to Host Industrialists in Rajasthan

    Bhopal, March 19 – In an effort to attract investment and establish industries in Madhya Pradesh, Chief Minister Mohan Yadav will participate in a business event to be held at ITC Rajputana in Jaipur, Rajasthan on March 21, government officials said on Thursday.The Chief Minister will interact...
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    Motor Tax Amendment Aims to Curb Pollution in Maharashtra

    Mumbai, March 18 The Maharashtra Legislative Assembly on Wednesday unanimously passed a bill aimed at curbing rising air pollution by increasing environmental tax on old and polluting vehicles.The Maharashtra Motor Vehicles Tax (Amendment) Bill, 2026, was intended to balance environmental...
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    Maharashtra Industries Face Cost Increases Amid West Asia Crisis

    Chhatrapati Sambhajinagar, March 14 Industrial bodies in Chhatrapati Sambhajinagar, Maharashtra, have demanded a reduction of Rs 5 per unit in electricity tariffs, citing soaring production costs amid the ongoing West Asia crisis, officials said on Saturday.Earlier this week, the...
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    Punjab Attracts Investment: Infosys Project Boosts Employment

    Mohali, March 12 Punjab Chief Minister Bhagwant Singh Mann said that the Infosys campus, worth Rs 286 crore, coming up in Mohali will provide direct employment to about 2,700 young people and generate thousands of indirect jobs.Speaking after the ground-breaking ceremony of the project, Mann...
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    Structural Shift: Jammu and Kashmir’s Economy Finds New Momentum

    A deeper look at the structural strength and resilience of Jammu and Kashmir’s economy, beyond narrow economic indicators, reveals a fundamentally different picture.Instead of being dependent, conflict-ridden, and driven by public sector employment, budgetary support, and tourism cycles, the...
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    Maharashtra Budget: Ambitious Plans for Industrial & Service Sector Growth

    Mumbai, March 6 – The Maharashtra government has set an ambitious target to increase the gross income of the industrial sector in the state from $123 billion to $1,500 billion by 2047.Chief Minister Devendra Fadnavis, while presenting the annual budget for 2026–27, stated that the state’s new...
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    Domestic and Commercial Consumers Benefit from Lower Tariffs

    Chandigarh, March 6 Punjab Power Minister Sanjeev Arora announced on Friday that the power tariff for domestic consumers has been reduced by 70 paise per unit, and for commercial consumers, it has been reduced by up to 79 paise per unit.The new power tariff will come into effect from April 1...
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