New Delhi, 9 April (IANS) Apex business chamber FICCI on Thursday indicated that early signs of stress due to the West Asia conflict are visible across sectors, warranting proactive measures to mitigate immediate risks and build long-term resilience. In a report titled West Asia Conflict: Implications for India and Imperatives for Industry and Government, FICCI suggested a two-pronged strategy for industry, focused on financial resilience and operational continuity. Firms are encouraged to se…
Latest Industry News & Updates
Seoul, March 31 (IANS) The government will operate a crude oil swap system with private companies, starting Tuesday, in a bid to help oil refineries secure alternative oil supplies and minimise supply disruptions, the industry ministry said.Under the system, set to run over the next two months, the government will lend some of its oil reserves, mostly Middle Eastern crude, to oil refineries and later restore the stock with alternative supplies secured by the companies, reports Yonhap news agency…
Gandhinagar, March 29 (IANS) Gujarat has moved to expand access to advanced computing infrastructure for artificial intelligence, announcing plans to deploy more than 100 high-performance graphics processing units (GPUs) across the state to support startups, educational institutions and government departments, officials said on Sunday. The initiative, led by Gujarat Informatics Limited under the state’s Science and Technology Department, follows the recent “AI Startup Samvad” and is aligned with…
Chandigarh, March 28 (IANS) Punjab Chief Minister Bhagwant Mann on Saturday called upon the government of India to urgently ensure enhanced and uninterrupted supply of petrol, diesel, and DAP fertiliser as the state gears up for a 140 lakh metric tonne (LMT) wheat harvest, warning that any disruption in fuel availability could directly impact national food security.While reiterating that there is no shortage and no cause for panic, the Chief Minister underscored that timely action by the Centre …
Mumbai, March 22 (IANS) Union Education Minister Dharmendra Pradhan said on Sunday that in the coming decade young innovators will not only answer deep tech challenges of the country but also that of the world, especially the Global South and emerging economies.Delivering the valedictory address at the concluding session of Bharat Innovates deep-tech pre-summit at IIT Bombay, he said the academia, industry, financial industry and youth are the key players to make the country a bigger innovation …
Shimla, March 20 (IANS) Himachal Pradesh’s economy continued to move on a strong and resilient growth trajectory, Chief Minister Sukhvinder Sukhu said on Friday. Tabling the Economic Survey for 2021-22 in the Assembly, CM Sukhu, who also holds the finance portfolio, said as per the advance estimates for 2025-26 the state’s Gross State Domestic Product (GSDP) at current prices is estimated at around Rs 2.54 lakh crore, registering a healthy growth of about 10.1 per cent over the previous year…
New Delhi, March 20 (IANS) As the West Asia crisis escalates, the International Energy Agency (IEA) on Friday set out a range of demand-side actions — including work from home and avoiding air travel — for governments, businesses and households to alleviate the economic impacts on consumers.Among the immediate actions to reduce demand is work from home where possible — displacing oil use from commuting, particularly where jobs are suitable for remote work.Where possible, switch to other mo…
New Delhi, March 20 (IANS) The Defence Ministry’s Directorate General Resettlement (DGR) will organise a mega job fair for ex-servicemen at Aravali Auditorium, Near Shankar Vihar Metro Station, Delhi Cantonment, on Friday.The job fair began at the auditorium at 7 a.m., and ex-servicemen were required to carry their I-cards and five copies of their biodata, a Defence Ministry official said.The DGR said the fair will offer several benefits to industry employers, including free online registrati…
Mumbai, March 9 (IANS) Actress Adah Sharma revealed through her latest social media post that a producer ended up abusing her manager over date allocation for a film.In the video uploaded by Adah on her official Insta handle, she shared that she was shooting for three films, and after the dates of the first film kept changing, it ended up getting clashed with the schedules of the other two projects.However, the producer of the first film insisted Adah’s manager to give him the same dates at any …
Mumbai, March 5 (IANS) Maharashtra’s economy is set to grow at 7.9 per cent in 2025-26 against the India’s growth rate of 7.6 per cent especially due to a record collection of Goods and Services Tax and favourable market conditions. Maharashtra continues to be the growth engine of the country. The nominal Gross State Domestic Product (GSDP) at current prices is expected to grow by 10.4 per cent. According to the Economic Survey for 2025-26 presented by the Minister of State for Finance Ashish …