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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: Amid the West Asia conflict, the Government of India exempted customs duty on key petrochemical products till June 30, 2026, Finance Ministry said on Thursday. Import duty was cut to benefit including plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components and other manufacturing segments and also provide relief to the end users, i.e, the consumers, the ministry said. The government took the decision to remove customs duty on critical petrochemical products ...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 >
Mumbai: The Mumbai Port Authority (MbPA) clocked its highest-ever cargo throughput of 75.15 million metric tonnes (MMT) in 2025-26, registering a 9.5% growth over the previous year, underscoring strong operational performance despite global trade uncertainties.Mumbai Port also maintained its lead in cruise tourism, handling 95 cruise calls and over 2.5 lakh passengers. In shipbuilding and repair, it handled 87 vessels for repair and 23 under construction, while advancing plans for a greenfield s ...Read More >
Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Also Read | Alwar Shocker: Newlywed Woman Allegedly Poisons Mother-in-Law Month After Mar ...Read More >
Mumbai, April 1: The ongoing conflict in West Asia could begin to impact condom supply, as disruptions in the flow of key raw materials raise concerns over potential production slowdowns and rising costs. Industry observers warn that if the situation persists, it may eventually affect availability and pricing in retail markets. Supply stable for now While retail supply, especially in Mumbai, remains unaffected for now, concerns are growing about the long-term impact if the conflict continues. ...Read More >
MORBI (India), April 1 -- Blazing-hot kilns in India's US$6.5 billion (RM26.2 billion) ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war. At a cavernous facility in Morbi, in India's western Gujarat state, a 200-metre-long propane-powered kiln that normally fires clay nonstop is silent. It is one of hundreds of plants supplying homeware tiles across the world that have been forced to suspend operation ...Read More >
PNN Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Cupid Limited is set to comfortably surpass its FY26 annual guidance of ₹335 Cr in r ...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: Indians buying condoms could soon bear the brunt of the ongoing war in the Middle East between US-Israel and Iran. Condom prices are expected to jump as the multi-billion condom manufacturing industry in India is facing supply disruptions and rising costs of raw materials. Prices of ammonia (essential for stabilising latex) and silicone oil (used as lubricant) are likely to increase significantly due to global shortage triggered by the war. India's $1.7 billion contraceptive market ...Read More >
Mumbai - NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar Raj, Real Ispat Group, Madhur Gupta (Pro ...Read More >
Kolkata (West Bengal) [India], April 1: NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar Raj, Real ...Read More >
NewsVoir Kolkata (West Bengal) [India], April 1: NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar ...Read More >
Multiple units producing fake ginger-garlic paste have been busted recently in Hyderabad ShowQuick Read Summary is AI-generated, newsroom-reviewed * Food safety raid in Hyderabad seized over 4,032 kg of adulterated ginger-garlic paste * SKR Food Products operated under unhygienic conditions using harmful additives * Owner arrested; materials handed to Mailardevpally Police Did our AI summary help? Let us know. Switch To Beeps Mode A recent food safety raid in Hyderabad has uncovered a l ...Read More >
HYDERABAD: A man was apprehended by Hyderabad Police for manufacturing and selling adulterated ginger and garlic paste during a surprise inspection at SKR Food Products in Kattedan. Acting on credible information, the Commissioner's Task Force, along with the H-FAST team, found that the unit was operating under highly unhygienic conditions. The accused, identified as Hasan Ali Rupani, was allegedly using low-quality raw materials, garlic peels and additives such as acetic acid and xanthan gum in ...Read More >
Rajamahendravaram: A sharp increase in the prices of cement, steel and other construction materials is adversely affecting the construction sector across the combined East Godavari district. The surge in costs is being linked to the ongoing conflict in West Asia, which has disrupted supply chains and impacted the availability of key industrial inputs. With gas supplies to industries facing interruptions, production of essential materials such as steel and cement has been affected, leading to a ...Read More >
Sanand: Prime Minister Narendra Modi on Tuesday said global crises in recent years have led to disruptions in supply chains, emphasising the need for secure and resilient systems in critical sectors such as semiconductors, energy and minerals. Addressing the gathering after Kaynes Semicon's OSAT facility inauguration in Sanand, the Prime Minister said the 21st century has brought multiple challenges, including the pandemic and ongoing conflicts, which have impacted the flow of goods and raw mat ...Read More >
Hundreds of ceramics manufacturing plants in India have shut down due to an energy crunch caused by the Middle East war Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone cold, shut down in an energy crunch caused by the Middle East war. At a cavernous facility in Morbi, in India's western Gujarat state, a 200-metre-long propane-powered kiln that normally fires clay nonstop is silent. It is one of hundreds of plants supplyin ...Read More >
Ahmedabad: Flagging disruptions in global supply chains amid geopolitical conflicts, PM Narendra Modi on Tuesday said it is "extremely important" for a democratic nation like India to take the lead in ensuring global development, as the country steps up efforts to build a robust semiconductor ecosystem. The PM emphasized the govt is laying a strong foundation for technology and energy security in the coming decades.The PM inaugurated the Kaynes Semicon's outsourced semiconductor assembly and tes ...Read More >
Gandhinagar/Sanand/Tharad, Mar 31 (PTI) As the West Asia war rages, India has successfully kept the situation under control with its strong foreign policy and collective strength of citizens, Prime Minister Narendra Modi said on Tuesday and accused the Congress of attempting to exploit the conflict for domestic political gains. Like "Rajneeti ke gidh" (vultures of politics), the Congress is attempting to exploit the West Asia conflict by triggering panic among people for political gains though ...Read More >
New Delhi: The government has raised the administered price mechanism (APM) gas price for state-run producers like state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) to $7 per mmBtu, up from $6.75 per mmBtu. The revision follows the pricing mechanism that the government had approved in 2023, according to an official notification. The revision applies to gas produced from legacy fields under the regulated pricing regime. APM gas makes up for about 60 per cent of the d ...Read More >
Hyderabad, March 31: Authorities have detected a food adulteration racket involving adulterated ginger paste in the city. The operation targeted a manufacturing unit at Katedan, where officials seized large quantities of contaminated products and raw materials. Here To Join Us On WhatsApp The raid led to the seizure of 4 tonnes, or 4,032 kg, of ginger garlic paste. In addition, officials recovered over 6,200 kg of low quality raw materials and other items. The total value of the seized goods i ...Read More >
VIJAYAWADA: The Andhra Pradesh government, led by Chief Minister N. Chandrababu Naidu, will roll out a free electricity scheme for weavers across the state from April 1, fulfilling a key pre-election promise of the NDA coalition. Under the scheme, handloom weavers will receive up to 200 units of free electricity per month, while power loom operators will be eligible for up to 500 units. The initiative is expected to cost the exchequer around '150 crore annually and aims to ease the burden of r ...Read More >
Sanand (Gujarat), Mar 31 (PTI) Prime Minister Narendra Modi on Tuesday said the 21st Century has brought several challenges and global supply chains have been affected due to conflicts, emphasising that the government is laying a strong foundation for technology and energy security in the coming decades. Modi inaugurated Kaynes Semicon's outsourced semiconductor plant in Sanand, marking the commencement of production, and said India is strengthening its role as a reliable semiconductor supplier ...Read More >
Sanand, March 31: Prime Minister Narendra Modi on Tuesday said global crises in recent years have led to disruptions in supply chains, emphasising the need for secure and resilient systems in critical sectors such as semiconductors, energy and minerals. Addressing the gathering after Kaynes Semicon's OSAT facility inauguration in Sanand, the Prime Minister said the 21st century has brought multiple challenges, including the pandemic and ongoing conflicts, which have impacted the flow of goods an ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. ...Read More >
New Delhi [India], March 31 (ANI): The medical tourism industry has witnessed a slowdown in growth due to the ongoing West Asia conflict, which has triggered a price rise in plastic raw materials. Consequently, while supply chain costs are increasing, the impact on the price of new MRI machines is expected to be minimal. According to Dr. Harsh Mahajan, Mentor at FICCI Health Sector and Founder and Chairman of Mahajan Imaging and Labs, while MRI scan costs for patients are not expected to increa ...Read More >
New Delhi, Mar 30 (PTI) The widening conflict in West Asia has driven a sharp 60 per cent surge in feedstock natural gas prices for fertiliser plants which is expected to raise the government's subsidy burden. With the conflict disrupting energy supply lines, supply of natural gas -- a primary feedstock for producing ammonia, which is the building block for nitrogen-based fertilisers -- has been restricted to 80 per cent of the demand. To meet the deficit, fertiliser companies are buying lique ...Read More >
The Centre said Friday there is "adequate" fertiliser for the ensuing Kharif season and farmers have no cause for concern. Replying to a supplementary question asked by Congress member Manish Tewari, Union Fertiliser Minister J P Nadda said, "We have adequate storage and arrangements in place for the Kharif season; farmers have no cause for concern." "We are also looking for diversification, new markets, new areas, from which we will get raw materials, also for fertilisers. We have framed up o ...Read More >
NEW DELHI, March 27 (Reuters) - India will hold talks with Argentina, Indonesia and Oman next month as it seeks to boost supplies of steelmaking raw materials such as coking coal and iron ore, and access technology, two sources with direct knowledge told Reuters. The talks are expected to begin next month at a global steel summit, described by the Indian government as the country's largest international conference-cum-exhibition, said the sources who did not wish to be identified as the plan wa ...Read More >
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