Latest private sector News & Updates

New Delhi, Jan 19 (IANS) While the Space Policy 2023 enabled private sector participation, the next critical step is to boost fiscal, regulatory, and structural support to accelerate growth and position India among the top three spacefaring nations, said the Indian Space Association (ISpA) on Monday.The Association also outlined key private space sector recommendations for government consideration, which can help enhance domestic manufacturing, enhance national security, create high-value jobs, …

Nagpur, Jan 18 (IANS) Defence Minister Rajnath Singh said on Sunday that the Union government is committed to achieving ‘Aatmanirbharta’ (self-reliance) in ammunition manufacturing and making the country a global production hub. Inaugurating the Medium Calibre Ammunition Manufacturing Facility at the Solar Defence and Aerospace Limited in Nagpur, he recalled the time when ammunition shortages hampered the country’s defence preparedness which prompted the Union government to set the goal of self-…

Washington, Jan 14 (IANS) President Donald Trump said the US economy was “rocketing” on the back of a manufacturing revival, defending his rollback of electric vehicle mandates and predicting that robotics would play a growing role in addressing labor shortages.Speaking during an interview with CBS News at an active Ford assembly line, Trump pointed to expanded production across major automakers as evidence of economic strength.“If you went around this plant, like I have, they just announc…

Mumbai, Dec 31 (IANS) India’s hospital industry is set for strong and sustained growth over the next few years, with revenues expected to rise at a healthy pace of 11–12 per cent annually, a new report said on Wednesday.The growth will be driven by rising healthcare needs, higher insurance coverage, increasing medical tourism, and fresh investments in hospital infrastructure, according to data compiled by CareEdge Ratings.A key reason behind this optimistic outlook is India’s long-standing…

Thiruvananthapuram, Dec 23 (IANS) Alarmed by the growing incidence of drug abuse among economically stable youth, particularly in the private sector, the Kerala Police has unveiled a comprehensive strategy combining strict enforcement with workplace-level prevention. The initiative, titled Prevention of Drug Abuse (PODA), was announced on Tuesday by State Police Chief Ravada Chandrasekhar as part of a wider effort to curb narcotics trafficking and substance misuse in the State.As part of the int…