News for 'Industry Ministry'

India's 2nd LPG tanker 'Nanda Devi' reaches Gujarat port amid crisis

India's 2nd LPG tanker 'Nanda Devi' reaches Gujarat port amid crisis

Rediff.com17 Mar 2026

Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.

India hosts GraphIN 2026 to explore graphene's potential

India hosts GraphIN 2026 to explore graphene's potential

Rediff.com9 Mar 2026

The GraphIN 2026 conference in Kochi brings together global experts to discuss advancements in graphene and two-dimensional materials, highlighting India's growing role in electronics and semiconductor manufacturing.

India turns to US, Russia, Africa for oil as Middle East conflict escalates

India turns to US, Russia, Africa for oil as Middle East conflict escalates

Rediff.com8 Mar 2026

Indian refiners are negotiating for additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies amid Middle East tensions. Refineries are maintaining normal processing rates and deferring maintenance to build reserves. The move comes as conflict impacts tanker movements through the Strait of Hormuz, a key energy transit route.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

Govt says fuel stocks adequate, warns against panic buying

Govt says fuel stocks adequate, warns against panic buying

Rediff.com24 Mar 2026

The Indian government has reassured citizens that the country has sufficient reserves of petrol, diesel, and LPG, and that refineries are operating at high capacity despite global supply chain disruptions. They have urged citizens to avoid panic buying and hoarding.

Jio IPO Set To Break All Records

Jio IPO Set To Break All Records

Rediff.com4 Apr 2026

Only 2.5 per cent of the equity in Jio Platforms will be offloaded through the OFS route -- meant for secondary share sale.

BHEL: Industries ministry, PowerMin lock horns

BHEL: Industries ministry, PowerMin lock horns

Rediff.com23 May 2007

Sharp differences have emerged within the government over the performance of power equipment manufacturer BHEL and the need for setting up another state-owned supplier to meet the electricity shortfall.

New truncated gas allocation regime still faces a large LNG shortfall

New truncated gas allocation regime still faces a large LNG shortfall

Rediff.com20 Mar 2026

India's plans to ration the consumption of liquefied natural gas (LNG) and liquefied petroleum gas (LPG) - in response to reduction in their import owing to war in West Asia - may fall short of what is needed to meet domestic needs.

Piyush Goyal rejects reports on India holding off US trade deal

Piyush Goyal rejects reports on India holding off US trade deal

Rediff.com14 Mar 2026

Piyush Goyal on Friday rejected reports suggesting that India is planning to hold off trade deal with the United States for several months.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

10K surrender in 10 yrs: Are Maoists in their last mile?

10K surrender in 10 yrs: Are Maoists in their last mile?

Rediff.com29 Mar 2026

A combination of security pressure and rehabilitation efforts has significantly weakened Naxalism in India, leading to numerous surrenders and the elimination of key leaders.

Wholesale price inflation rises marginally to 0.83% in December

Wholesale price inflation rises marginally to 0.83% in December

Rediff.com14 Jan 2026

Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.

India's Reliance On Strait Of Hormuz Exceeds Global Average

India's Reliance On Strait Of Hormuz Exceeds Global Average

Rediff.com10 Apr 2026

'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

Rediff.com25 Mar 2026

The 515 Army Base Workshop (ABW) in Bengaluru has signed multiple MoUs to strengthen indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Rediff.com25 Mar 2026

The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Iran War Burns India's Exporters: Stranded at Sea, Billed For A War They Never Started

Rediff.com20 Mar 2026

'Every day the meter is ticking. Like a time bomb.' Shipping giants are billing Indian exporters up to $3,000 per container in war surcharges -- on cargo that sailed before the war began -- as the Strait of Hormuz shuts down.

New GDP Series Reshapes India's Growth Story

New GDP Series Reshapes India's Growth Story

Rediff.com27 Feb 2026

Base revisions are technical exercises, but history shows they can significantly reshape the narrative around India's growth performance.

Over 1.7 million tonnes of India's fuel stuck in Strait of Hormuz

Over 1.7 million tonnes of India's fuel stuck in Strait of Hormuz

Rediff.com18 Mar 2026

Hundreds of Indian seafarers are stranded on vessels carrying crude oil, LPG, and LNG in the Persian Gulf due to the ongoing conflict in the Middle East, causing disruptions to India's energy supplies.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.

How the National Health Claims Exchange Aims to Simplify Health Insurance in India

How the National Health Claims Exchange Aims to Simplify Health Insurance in India

Rediff.com7 Mar 2026

The National Health Authority (NHA) is promoting the National Health Claims Exchange (NHCX) to standardise and simplify health insurance claims processing in India, aiming for a seamless and reliable digital infrastructure similar to UPI.

CDSCO allows immediate lab testing of drugs to speed up approvals

CDSCO allows immediate lab testing of drugs to speed up approvals

Rediff.com27 Feb 2026

The Centre has allowed companies to begin lab testing immediately after filing applications instead of waiting for detailed scrutiny, in a move to expedite approvals for manufacture, or import of new drugs.

New national policy pegs Rs 200 trn investment in power sector by '47

New national policy pegs Rs 200 trn investment in power sector by '47

Rediff.com22 Jan 2026

The government on Wednesday put out the draft of a new policy that projects the country's power sector will need Rs 50 trillion in investments by 2032 and Rs 200 trillion by 2047, proposing ambitious reforms in generation, transmission and distribution.

Man Nabbed with Smuggled Cigarettes in Delhi

Man Nabbed with Smuggled Cigarettes in Delhi

Rediff.com26 Feb 2026

A 51-year-old man was arrested in Delhi's Kashmere Gate area for possessing illegal imported cigarettes worth approximately Rs 40 lakh. The accused, identified as Sanjay Aggarwal, was found with three lakh sticks of imported cigarettes that lacked mandatory health warnings.

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Rediff.com17 Dec 2025

The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

2 more Indian-flagged LPG tankers set to cross Strait of Hormuz

Rediff.com23 Mar 2026

Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.

No permission needed to pass through Strait of Hormuz: Indian govt official

No permission needed to pass through Strait of Hormuz: Indian govt official

Rediff.com24 Mar 2026

A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Netanyahu reveals Modi's two-day Israel visit, strategic ties in focus

Rediff.com16 Feb 2026

Prime Minister Narendra Modi is scheduled to visit Israel for two days to discuss bilateral and regional issues, marking his second visit to the Jewish state and highlighting the growing strategic partnership between India and Israel.

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Iran war: Another Indian ship sails out of UAE's Fujairah safely

Rediff.com15 Mar 2026

An Indian-flagged crude tanker safely departed from the UAE's Fujairah after loading oil, despite an attack on the oil terminal. The Indian government is closely monitoring the situation in West Asia to ensure stable fuel supplies and maritime safety.

Airline stocks fly into rough weather again

Airline stocks fly into rough weather again

Rediff.com19 Mar 2026

India's aviation sector is facing fresh turbulence, with rising fuel costs, the Ministry of Civil Aviation's free-seat directive, and geopolitical disruptions in West Asia clouding near-term earnings visibility.

Spain vs Argentina Finalissima in doubt after Middle East strikes

Spain vs Argentina Finalissima in doubt after Middle East strikes

Rediff.com2 Mar 2026

The Finalissima match between Spain and Argentina in Doha is in doubt after the Qatar Football Association suspended soccer tournaments indefinitely following U.S. and Israeli attacks on Iran and retaliatory missiles fired at the Arabian Peninsula.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com25 Feb 2026

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com25 Feb 2026

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Lessons from Operation Sindoor: Defence budget up by 15%

Lessons from Operation Sindoor: Defence budget up by 15%

Rediff.com1 Feb 2026

In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the country's pharmaceuticals industry.

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.

Diwali bonanza! New GST reforms will lower tax burden, benefit small industries

Diwali bonanza! New GST reforms will lower tax burden, benefit small industries

Rediff.com15 Aug 2025

The finance ministry on Friday said it has proposed a two-slab GST rate structure to the Group of Ministers (GoM), along with special rates for select items.

WPI inflation rises to (-) 0.32% in November

WPI inflation rises to (-) 0.32% in November

Rediff.com15 Dec 2025

Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

Rediff.com10 Feb 2026

The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects under the third round of the Production-Linked Incentive (PLI) scheme for specialty steel.

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Two ships with crude, LPG to reach India on Tuesday; one docks in Guj

Rediff.com16 Mar 2026

An Indian-flagged crude oil tanker, Jag Laadki, safely sailed from the UAE's Fujairah port despite an attack on the terminal and is scheduled to reach India. The Indian government is working to ensure the safe passage of remaining Indian-flagged vessels in the region.