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Bhubaneswar: The Odisha government has permitted the sale of liquor in tetra packs under its new Excise Policy for 2026-29, Excise Minister Prithviraj Harichandan said on Friday. Addressing mediapersons, Harichandan clarified that the provision for tetra pack packaging has existed in the state's excise framework since 2014, but such products have not yet entered the Odisha market. He stated that any licensed manufacturer or vendor willing to produce or sell liquor in tetra packs will be allowed ...Read More >
VMPL Mumbai (Maharashtra) [India], April 3: Trident Techlabs Limited (NSE: TECHLABS | BSE: 544170) notes that Hon'ble Prime Minister Shri Narendra Modi inaugurated the Kaynes Semicon OSAT (Outsourced Semiconductor Assembly and Test) facility at Sanand, Gujarat on March 31, 2026. The facility, developed under the India Semiconductor Mission with an investment of Rs. 3,300 crore, has commenced commercial production with a capacity of approximately 6.3 million semiconductor chips per day. As Mr R ...Read More >
Sales of induction cooktops and electric kettles have surged in the wake of cooking gas supply concerns due to the war in West Asia, according to industry players. The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and ...Read More >
NEW DELHI: Delhi Police have busted a racket in Dwarka involving the repackaging and circulation of expired food and beverage products, arresting three men and seizing a large stock of items from multinational brands with tampered manufacturing and expiry dates, officials said on Friday. The accused -- Kamal Mudgil (56), Shivam Singh (27) and Lokesh Kumar (35) -- were held following a raid by the Crime Branch. Police said 3,096 cans of soft drinks of various brands and a significant quantity of ...Read More >
New Delhi: The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and gas through the Strait of Hormuz, raising concerns over cooking gas supplies and prompting people to rush to buy induction heaters and compatible utensils ...Read More >
New Delhi, Apr 3 (PTI) The government on Friday held discussions on measures to encourage companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis, an official said. The crisis has disrupted the movement of ships carrying oil and gas through the Strait of Hormuz, raising concerns over cooking gas supplies and prompting people to rush to buy induction heaters and compati ...Read More >
New Delhi: The government on Thursday exempted customs duty on select critical petrochemical products for three months till June 30, aiming to cushion domestic industries from supply disruptions triggered by the ongoing West Asia conflict. Describing the move as a "temporary and targeted relief", the Finance Ministry said it will help ensure availability of key inputs, reduce cost pressures and maintain supply chain stability. The measure is expected to cost the exchequer about Rs1,800 crore. ...Read More >
New Delhi [India], April 2 (ANI): Indian fast-moving consumer goods (FMCG) companies are expected to implement a fresh round of price increases starting in the first quarter of FY27. As per a report by Nuvama Institutional Equities, a sharp rise in crude oil prices and a weakening Rupee have significantly increased input cost pressures, ending a period of relative price stability for the sector. The report forecasts price hikes of at least 3 to 4 per cent in Q1FY27 if the current inflation in r ...Read More >
New Delhi, April 2: The government on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30, giving relief to sectors like pharmaceuticals, chemicals and textiles, and ensuring supply stability amid the ongoing West Asia crisis. The "temporary and targeted relief" will cost the exchequer about Rs 1,800 crore, but help ensure price stability, continuity in production and supply chain, CBIC Member (Tax Policy), Sanjay Mangal told reporters at ...Read More >
New Delhi, Apr 2 (PTI) India Inc on Thursday said the government's move to exempt import of critical petrochemical products from customs duty for three months till June 30 is a timely response to supply chain disruptions arising from the West Asia conflict which will provide relief to sectors such as textiles, packaging and pharmaceuticals. Chandrajit Banerjee, Director General, CII, said, "The Government of India's decision to grant full customs duty exemption on 40 critical petrochemical prod ...Read More >
Mumbai, Apr 2 (PTI) The Association of PET Recyclers (Bharat) has said that the notification on final guidelines mandating the use of 40 per cent recycled content in food-grade packaging from April 1 is a "progressive step" which is expected to significantly ease the supply chain disruptions caused due to recent geopolitical uncertainties impacting both availability and pricing of virgin PET. In a statement on Thursday, the Association's Director General Goutham Jain said that it also marks a s ...Read More >
New Delhi: The Centre on Thursday exempted import of critical petrochemical products from customs duty for three months till June 30. The government, however, aims to give a huge relief to sectors such as pharmaceuticals, chemicals and textiles, among others, and ensure supply stability amid the ongoing West Asia crisis. Crucial chemicals like ammonium nitrate, methanol, and PVC for three months have been waived from import duty, starting April 2. As part of the emergency measure of the governm ...Read More >
New Delhi, Apr 2 (PTI) The government has directed oil refineries to divert a portion of the feedstock normally used for producing cooking gas (LPG) to industries affected by the ongoing petrochemical shortage, which spans sectors from packaging to condom manufacturing. The Ministry of Petroleum and Natural Gas, on April 1, directed refineries to allocate a portion of propylene to the petrochemical industry, which has been severely affected, as most feedstock has been diverted for cooking gas ( ...Read More >
NEW DELHI: Centre has notified amendments to Plastic Waste Management Rules, making it mandatory for producers, importers and brand owners to use recycled plastic in packaging and carry a label and marking indicating the use of recycled content.The new rules, notified by the environment ministry on Tuesday, have provisions for stricter compliance, making the system of recycling and waste management more robust and comprehensive.They also set category-wise targets, which will go up progressively ...Read More >
The government on Thursday (April 2, 2026) exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. On global tensions and India's ...Read More >
NEW DELHI: The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the finance ministry ...Read More >
New Delhi: In light of the ongoing conflict in West Asia and the consequent disruptions in global supply chains, the Government of India has decided to provide full Customs Duty exemption on critical petrochemical products till 30th June, 2026, the Finance Ministry said on Thursday. This measure, according to the ministry, has been taken as temporary and targeted relief to ensure the continued availability of critical petrochemical inputs for the domestic industry, reduce cost pressures on down ...Read More >
New Delhi, Apr 2 (PTI) The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West Asia. The duty exemption, which is valid till June 30, will benefit sectors dependent on petrochemical feedstock and intermediates such as plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments. In a statement, the fina ...Read More >
Arvind Rao, Senior Director & Head-Credit Policy Group at India Ratings and Research, adds that the strength built over the past few years continues to provide a buffer, especially for higher-rated companies. However, the impact is expected to be uneven, with mid-tier credits and sectors dependent on energy inputs more vulnerable.After a long stretch of upgrades, India's corporate credit story may be starting to turn. Rating agencies say the momentum is still holding for now, but early signs sug ...Read More >
New Delhi [India], April 1 (ANI): A large-scale chocolate theft in Europe recently has taken an unexpected digital turn on Wednesday, with the popular confectionery brand unveiling a "Stolen KitKat Tracker" on Wednesday, that allows customers to check whether their chocolate bar is part of the "missing batch." The update comes days after the company confirmed that a large consignment (12 tonnes) of its products had gone missing during transit. The unusual incident, already drawing global atten ...Read More >
NEW DELHI: Experts have flagged the leniency of the central government's new plastic waste management rule, questioning its effectiveness. The rule, notified today, promotes the burning of plastic to produce energy and allow carry forward the target of recycling and reuse. The new Plastic Waste Management (Amendment) Rules, 2026, will replace the 10-year-old regulation and will come into effect at the start of the new financial year. The draft amendment of the rule was issued in June 2025 to ga ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The government has adopted a structured and targeted policy for electronics manufacturing across the entire value chain including semiconductors and electronic goods production rose six times in a decade, an official statement said on Wednesday. India's electronics manufacturing sector has expanded significantly over the past 11 years. The electronic goods production rose to about Rs 12 lakh crore in 2024‑25 from roughly Rs 1.9 lakh crore in 2014‑15. Exports ...Read More >
The manufacture of condoms relies heavily on two critical inputs: silicone oil (used as a lubricant) and ammonia (essential for stabilising latex). The ripple effects of the ongoing US-Israel-Iran war in the Gulf region are now impacting an unlikely sector - India's Rs 8,000 crore worth condom manufacturing industry. According to a report by The Indian Express, disruptions in petrochemical supply chains have triggered shortages of key raw materials, affecting the country's condom manufacturing ...Read More >
New Delhi, April 1 (SocialNews.XYZ) Association of PET Recyclers (APR) Bharat on Wednesday said that the government guidelines mandating brands and producers to use 40 per cent recycled content in food‑grade PET packaging effective April 1 will boost India's circular economy, a report said on Wednesday. The move marks a significant milestone in the country's commitment to sustainable resource management amidst global supply disruptions and geopolitical uncertainties impacting the availability a ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The credit ratio of India Inc declined in the second half of fiscal 2026, even as the overall credit outlook for the FY27 remains stable but cautious due to the ongoing West Asia conflict, noted Crisil Ratings in its latest projections. The credit ratio of Indian companies, which measures the proportion of rating upgrades to downgrades, stood at 1.50 times in the second half of FY26, moderating from 2.17 times in the first half. During the period, th ...Read More >
Mumbai, April 1: More than 400,000 KitKat chocolate bars, weighing around 12 tonnes, have been stolen from a delivery truck during transit across Europe, manufacturer Nestlé confirmed. The shipment, consisting of 4,13,793 bars, went missing while being transported from a factory in central Italy to Poland. The vehicle and its cargo remain unaccounted for, with investigations ongoing in coordination with local authorities and supply chain partners. The company has stated that each stolen bar is ...Read More >
Surat, March 31 (SocialNews.XYZ) Five members of a family, including four women and a four-year-old child, died after a fire broke out in a residential building in the Limbayat area of Surat on Tuesday morning, officials said. The incident was reported at around 11 a.m. in the Mithi Khadi locality, where a ground-plus-two-storey house caught fire. According to initial information, the blaze is believed to have started on the ground floor while cooking was underway, possibly due to a gas leak, ...Read More >
Shimla, February 24: The management of the Atal Institute of Medical Super Specialities (AIMSS) in Shimla's Chamiana issued show-cause notices to sanitation staff on Tuesday, February 24, following a security lapse that allowed a stray dog to retrieve an amputated human leg from the hospital's waste complex. The incident, which was captured on video and widely circulated on social media, triggered panic among local residents and raised significant concerns regarding the handling of biomedical wa ...Read More >
New Delhi: The India-AI Impact Summit 2026 is underway in Delhi, bringing a cohort of tech and world leaders to the national capital. Considered one of the world's largest and most exhaustive gatherings on AI so far, the Summit places India at a crucial juncture in understanding and charting a course on how to use and leverage this disruptive technology. Speaking to ETV Bharat, AI and technology experts said India's AI moment must be rooted in strategic autonomy. They stressed that India should ...Read More >
Exploratory conversations have taken place between Murugappa Group-owned CG Semi, which is building an outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. It's the first time Apple is evaluating the prospect of having certain chips assembled and packaged in India. Apple is in preliminary talks with some Indian chip manufacturers to assemble and package the component for the iPhone, said people with knowledge of the matter, a move that would mark a key step up in the v ...Read More >
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