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Hyderabad: A stunning revelation has rocked Hyderabad as police uncovered a covert alprazolam manufacturing unit operating inside Medha School, Bowenpally, in an operation led by the Elite Action Group for Drug Law Enforcement (EAGLE). Authorities seized over 7 kg of alprazolam, including 3.5 kg of finished product and 4.3 kg of semi-processed tablets, alongside raw materials and state-of-the-art manufacturing equipment. Along with the drugs, cash amounting to 21 lakh was recovered from the scho ...Read More >
NEW DELHI: To drive self-sufficiency, the commerce department is identifying 100-odd products for a local manufacturing push where domestic players depend on imports currently, a top official said Monday.The swadeshi initiative is expected to see products from across sectors - engineering goods, chemicals, plastics and pharma - being identified for possible import substitution. "We have identified around 100 products with large imports that also have large domestic capacity. We want to see if ca ...Read More >
In Pune -- a lively academic and industrial hotspot of about 7 million with per-capita rent near $3,500 -- MIT World Peace University (MIT-WPU) just rolled out a 500 kg/day pilot plant that brings to life a patent-backed, carbon-negative technology for hydrogen production and bioCNG from mixed agricultural waste. Led by Dr. Ratnadip Joshi at the Green Hydrogen Research Centre, this project tackles India's long-standing crop-residue headache, doubles the efficiency of traditional methods, and tar ...Read More >
Nestle investors have called for Chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year, the Financial Times reported on Saturday. Shareholders told FT the dismissal of former Chief Executive Laurent Freixe and the way investigations into his conduct were handled had exacerbated their concerns over governance at Nestle and led them to question Bulcke's decision-making. For all the latest headlines, follow our Google News channel online or via the a ...Read More >
Malela Jaya Prakash Goud, the director of the Medha School, converted classrooms and restricted areas into a facility to produce Alprazolam, a banned narcotic substance used in the adulteration of toddy. Hyderabad police have busted a drug racket running from the building of a private school in Hyderabad and arrested three persons, including its director, in connection with the case. According to officials familiar with the matter, Malela Jaya Prakash Goud, the director of the Medha School, co ...Read More >
Guwahati: Prime Minister Narendra Modi, on Sunday, inaugurated a Rs 5,000-crore bamboo-based ethanol plant at Numaligarh in Assam's Golaghat district, marking a major step toward boosting green energy and rural livelihoods. Alongside the inauguration, the Prime Minister also laid the foundation stone of the Rs 7,230-crore Petro Fluidised Catalytic Cracker Unit at the Numaligarh Refinery. "Today is a historic day for Assam, as projects worth Rs 18,000 crore have been unveiled. These efforts wil ...Read More >
Nestle is facing mounting pressure from shareholders as investors call for Chairman Paul Bulcke to step down, following the departure of a second chief executive in just over a year. According to the Financial Times, concerns over corporate governance and decision-making have intensified after the abrupt dismissal of former CEO Laurent Freixe in early September. Freixe, who led Nestle's operations before his dismissal, was removed for failing to disclose a romantic relationship with a subordina ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
New Delhi [India], September 13 (ANI): The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production. ACFI and global consultancy firm Deloitte have released a knowledge paper during their Annual General Meeting earlier this week, highlighting the various aspects of the crop protection chemicals industry, the regulatory l ...Read More >
Mumbai (Maharashtra) [India], September 13 (ANI): Huge coal reserves are a great business opportunity, and the industry should join hands to leverage resources, said Additional Secretary and Nominated Authority, Ministry of Coal, Rupinder Brar.Speaking to reporters on the sidelines of high-level Roadshow on Coal Gasification- Surface and Underground Technologies in Mumbai, Brar said, "As we are growing into a larger-sized economy today, we stand as the fourth largest and very soon we are going t ...Read More >
New Delhi: India is preparing fiscal incentives to encourage domestic production of rare-earth magnets, heavy industries minister HD Kumaraswamy said Friday. In a video address at the 65th annual session of Automotive Component Manufacturers Association (ACMA), Kumaraswamy said his ministry is actively tackling vulnerabilities in critical raw materials. "Rare earth magnets are central to electric vehicle (EV) motors and currently dominated by Chinese supply, we are preparing fiscal incentives ...Read More >
New Delhi: The Indian government's decision to allow duty-free cotton imports, mainly from the United States, is expected to provide some relief to the country's apparel exporters, who face a 50% duty in the US. Industry leaders believe the move will help manufacturers by raising the share of US-origin inputs in finished garments, partially shielding them under America's reciprocal tariff rules. Under the new tariff structure, duties are applied only to the portion of a product that does not us ...Read More >
Goyal issued a direct call to action, urging the industry to invest heavily in domestic manufacturing and R&D to produce next-generation medical devices in India. Urging the need to set bold goals for growth, Union Minister of Commerce & Industry Piyush Goyal on Friday said that the MedTech sector is a natural candidate for Atmanirbharata and self-reliance. Speaking at the 17th CII Global MedTech Summit 2025 in New Delhi, the Minister urged the industry to use the government's Research, Develo ...Read More >
New Delhi, Aug 29 (UNI) Refining the Production-Linked Incentive (PLI) scheme for greater participation of MSMEs, rationalising import duties on critical raw materials, developing a robust raw material ecosystem, attracting multinational manufacturing and R&D hubs, utilising MedTech parks for co-innovation labs, aligning regulatory frameworks with global standards -- these are among the key recommendations of India's MedTech industry to help it emerge as a global manufacturing and innovation hub ...Read More >
Nitin Gadkari envisions India transforming into a global energy exporter by reducing hydrogen production costs to $1 per kg, emphasizing its potential in transport, pharmaceuticals, and steel. He highlighted the importance of waste management for green hydrogen production and advocated for electric vehicles, biofuels, and bamboo cultivation to achieve carbon neutrality and self-reliance. Road Transport and Highways Minister Nitin Gadkari on Wednesday said India can transform from being an energ ...Read More >
New Delhi: Road Transport and Highways Minister Nitin Gadkari on Wednesday said India can transform from being an energy importer to a global exporter if it can cut the cost of hydrogen production to one dollar per kilogramme. Delivering the 24th Darbari Seth Memorial Lecture at The Energy and Resources Institute, the minister said that at present, hydrogen costs about USD 5-6 per kg, making it expensive compared to conventional fuels. "If we succeed in bringing it down to USD 1 per kg, India w ...Read More >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentin ...Read More >
New Delhi: India has been importing Russian crude oil at discounts ranging from 5 to 30 dollars per barrel for the past three years. According to a report by Moneylife, private companies such as Reliance and Nayara, along with state-owned firms like Indian Oil and Bharat Petroleum, pocketed around 65 percent of the benefits from these discounted imports. The Indian government received the remaining 35 percent. Ordinary consumers saw little or no relief at fuel stations. Recent tariffs imposed b ...Read More >
Mysuru: Additional deputy commissioner P Shivaraju urged devotees to celebrate Ganesh Chaturthi in an eco-friendly and harmonious way.Presiding over a meeting on the Ganesha festival held at the deputy commissioner's office, he highlighted the importance of using eco-friendly clay Ganesh idols to avoid environmental harm. He warned that idols made of plaster of paris (PoP) and painted with colours release toxic chemicals into waterbodies like lakes, wells, and streams when immersed, which is har ...Read More >
Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. ...Read More >
New Delhi [India], August 4 (ANI): India is expected to emerge as a significant player in the global semiconductor market, which is expected to reach USD 1 trillion by 2030. In an official statement released on Sunday, the central government highlighted that India's semiconductor market, valued at around USD 38 billion in 2023, is projected to grow to USD 45-50 billion by 2024-2025 and further expand to USD 100-110 billion by the end of the decade. This rapid growth reflects the country's grow ...Read More >
Mahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China's export restrictions. The company is securing alternative sources for the next nine months and investing in engineering solutions for long-term supply chain resilience. While Maruti Suzuki and Hyundai India haven't faced production impacts, M&M is preparing for future growth amid industry-wide concerns. Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sou ...Read More >
Union Commerce & Industry Minister Piyush Goyal said in a series of social media posts that he held meetings with the textiles, steel producers in Mumbai and those from the engineering goods sector to discuss strategies for exports. In a post on X, Goyal said, "Held an engaging and forward-looking interaction with the champions of India's agriculture, food-processing and seafood sectors -- the true architects of our food and nutritional security. We discussed a wide range of strategies to scale ...Read More >
Lucknow: Chief Minister Yogi Adityanath on Friday said the state MSME department would soon come up with a dedicated policy to promote UP's leather and non-leather footwear manufacturing sectors for global competition."It is important to identify regions in the state best suited for industry specific development. Integrating production, design, research and training on a single platform could not only attract largescale investments but also generate employment opportunities for lakhs," the CM sa ...Read More >
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court. Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the ...Read More >
Chandigarh, Aug 1 (UNI) In a major blow to the illegal pharma opioid supply network amidst the ongoing war against drugs in the state, the Amritsar Police Commissionerate has unearthed a Tramadol supply chain, that originated from a small recovery of 35 tablets in Amritsar and led to a manufacturing unit in Haridwar, Uttarakhand. The breakthrough came after a meticulous investigation into the initial recovery and arrest of local peddler Ravinder Singh alias Nikka, in an FIR registered at Police ...Read More >
New Delhi, Aug 1: India launched the first phase of four development projects across nine partner countries as part of its 'India-UN Global Capacity Building Initiative'. The programme aims to deepen South-South cooperation in support of the Sustainable Development Goals (SDGs). The launch event was presided over by Secretary (West) in the Ministry of External Affairs, Tanmaya Lal, and attended by heads of missions from participating countries, UN Resident Coordinator in India Shombi Sharp, dip ...Read More >
New Delhi: India's manufacturing activity rose to a 16-month high of 59.1 in July, driven by robust growth in new orders, output and stock of purchases. The HSBC Purchasing Managers' Index (PMI), compiled by S&P Global, was 58.4 in June 2025 and 58.1 in July 2024. "The Indian manufacturing sector benefited from strong growth in new orders and output," said Pranjul Bhandari, India chief economist at HSBC. The survey respondents attributed the increase in new orders to favourable demand conditio ...Read More >
New Delhi [India], July 20 (ANI): India's tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produ ...Read More >
New Delhi [India], July 20 (ANI): India tyre sector is set to see steady revenue growth of 7-8 per cent this fiscal, driven by replacement demand that accounts for half of annual sales, even as offtake by original equipment manufacturers (OEMs) will likely be subdued and exports steady, said Crisil Ratings in a report. The report added that the rising premiumisation is expected to give a slight leg-up to realisations. However, escalating trade tensions and the risk of dumping by Chinese produce ...Read More >
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