India's industrial production saw a 5.2 per cent increase in February, primarily fuelled by a significant improvement in the manufacturing sector, with 14 out of 23 industry groups recording positive growth.
India's industrial production growth decelerated to a five-month low of 4.1 per cent in March, primarily due to the subdued performance of the manufacturing and power sectors, exacerbated by the West Asia crisis.
India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).
India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.
Industry bodies representing alcoholic beverage manufacturers have welcomed the India-UK Free Trade Agreement (FTA), which will see tariffs on UK whisky and gin reduced, boosting bilateral trade and supporting premiumisation. However, domestic manufacturers are calling for state governments to withdraw concessions currently enjoyed by imported liquor brands.
IIT-Guwahati has partnered with Kaashyap Cleantech Innovations to commercialise bio-methanol production technology, which converts greenhouse gases into a versatile liquid fuel, offering environmental and performance benefits.
Specialty chemicals maker Anupam Rasayan India Ltd has become the first company globally to commercialise Ethyl trifluoroacetate (ETFA) production using its proprietary continuous flow chemistry platform. This innovative technology offers significant advantages over traditional methods, and ETFA is a crucial component for pharmaceuticals, life sciences, and performance materials, with a global market estimated at USD 500-600 million.
Tata Consultancy Services (TCS) has announced a global partnership with AI major Anthropic to help enterprises accelerate their adoption of artificial intelligence, including equipping 50,000 TCS employees with Anthropic's Claude AI models.
India's eight core infrastructure sectors recorded a two-month high growth of 1.7 per cent in April, primarily boosted by strong performances in steel, cement, and electricity production, according to government data.
Researchers at MIT World Peace University (MIT-WPU) Pune have developed a new protective enclosure for industrial abrasive saw machines. This innovative technology significantly reduces noise levels by up to 20 dB(A) while also containing sparks, dust, and flying debris, enhancing worker safety and welfare.
Shares of Parle Industries Ltd surged by 5% after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Minister Giorgia Meloni.
A new study suggests that using basalt rock instead of limestone in cement production could significantly reduce carbon dioxide emissions, offering a pathway to a greener construction industry.
The Indian government's decision to ban sugar exports until September 30 has drawn sharp criticism from the sugar industry and farmer leaders, who fear long-term negative impacts despite the stated aim of controlling domestic prices and ensuring availability.
The Indian government has issued a stern warning to industrial users who are reportedly procuring cheaper retail fuel instead of industrial-grade fuel, leading to significant losses for state-run oil marketing companies (OMCs) and potential local shortages. This diversion, driven by a substantial price difference between retail and bulk diesel, is adversely impacting OMCs, which are absorbing daily losses of approximately 550 crore to keep retail prices stable.
Delhi Police busted two workshops in Farash Khana involved in manufacturing and selling counterfeit industrial bearings under the trademarks of reputed brands, arresting two individuals and seizing a large quantity of fake bearings and equipment.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.
India's move to privatise PSLV rocket production through IN-SPACe has triggered debate over national security, ageing technology and the agency's role.
The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.
The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.
Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to adopt advanced technologies like AI, Machine Learning, and IoT to enhance global competitiveness and productivity. Speaking at a Chintan Shivir, he highlighted that digitalisation is crucial for achieving ambitious steel capacity targets by 2035 and addressing challenges such as operational efficiency, decarbonisation, and export competitiveness. The minister also emphasised how technology can improve safety and reduce downtime in steel plants.
IIT Madras, in partnership with Herbalife International India, has inaugurated India's first Centre of Excellence for plant cell fermentation technology. This new facility aims to be a national hub for sustainable innovation, research, and development, focusing on producing herbal biomass, enriched extracts, and high-value phytochemicals, while bridging the gap between lab research and industrial applications.
Steven Spielberg voices concerns about AI's role in filmmaking, advocating for its use as a tool but cautioning against it replacing human creativity.
Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
Prime Minister Narendra Modi urged industry and start-ups to focus on quality and make excellence a benchmark in manufacturing. He also lauded the start-up ecosystem and greeted the nation on National Voters Day and Republic Day.
Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.
India's industrial production rose 19.6 per cent in May 2022, according to the official data released on Tuesday. As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 20.6 per cent in May 2022. In May 2022, the mining output climbed 10.9 per cent, and power generation increased 23.5 per cent.
Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.
'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
The government will lift restrictions on the sale of petrol and diesel to commercial and industrial consumers from July 1, easing emergency measures imposed to manage fuel supplies.
India's annual defence production has reached an all-time high of Rs 1.78 lakh crore in FY 2025-26, marking a significant 15.6 per cent growth over the previous fiscal year. This achievement reflects a 110 per cent increase since 2020-21 and highlights the country's expanding defence industrial base, driven by policy support and increased private sector participation.
The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.
India's industrial production rose 1.9 per cent in March 2022, according to official data released on Thursday. As per the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), the manufacturing sector's output grew 0.9 per cent in March 2022. Mining output climbed 4 per cent, and power generation increased 6.1 per cent.
India's industrial production (IIP) growth slowed to 3.5 per cent year-on-year in October 2024, mainly due to poor performance of mining, power and manufacturing, as per official data released on Thursday. The IIP recorded a growth of 11.9 per cent in October 2023, according to a statement by the Ministry of Statistics & Programme Implementation.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
Streaming has globalised the entertainment industry, enabling artists like Diljit Dosanjh and Arijit Singh to reach diverse international audiences.
Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.
'Can you believe there are over 26,500 deaths linked to heatwave-driven ozone in 2024?'
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
