INDUSTRIAL POLICY

EU to make it harder to suspend carbon fee on imports

EU economy ministers have agreed to restrict the suspension of the bloc's carbon emissions fee on imports, aiming to boost certainty for low-carbon investments.

Arunachal CM Pema Khandu seeks special policy support for Northeast at NITI Aayog meet

Arunachal Pradesh CM Pema Khandu urged NITI Aayog for special policy interventions and enhanced support for the state's developmental and strategic challenges. He advocated for revised funding criteria, expanded rural connectivity, and strengthening the Northeastern Council to address region-specific issues.

Assam pitches ‘geographic equity’ for Viksit Bharat at NITI meet

Assam Chief Minister Himanta Biswa Sarma proposed a new development approach called 'Geographic Equity'. This aims to ensure growth benefits reach all regions of India. He highlighted the North East's progress and its potential as a growth hub. The focus is on integrating the region into India's economic future.

Chhattisgarh secures ₹9,580 crore for data centres, semiconductors and industry

From TV to radio, Centre proposes common broadcasting regulations

New draft rules propose a unified regulatory framework for television and radio broadcasting. Private radio stations will now be required to air programmes on national importance and social relevance for one hour daily. This aims to simplify and harmonize existing regulations for the broadcasting sector. The government is seeking public feedback on these proposed changes.

Sebi approves IPOs of Bombay Coated, Bonfiglioli Transmissions and Swaraj Green Power

Sebi has approved IPO proposals of Bombay Coated and Special Steels, Bonfiglioli Transmissions and Swaraj Green Power and Fuel. The approvals underscore sustained momentum in India’s primary market, with investors showing strong interest across manufacturing, industrial and renewable energy sectors.

Chhattisgarh attracts Rs 9,500 crore in fresh investment MoUs

Chhattisgarh secured investment MoUs exceeding Rs 9,500 crore from seven companies. This initiative is projected to generate more than 7,800 employment opportunities. Investments are targeted in sectors such as pharmaceuticals, solar component manufacturing, and dairy. The state's Chief Minister highlighted the successful implementation of new industrial policies, attracting significant proposals. Investors are encouraged to contribute to the state's growth.

Global space leaders to gather in Delhi next week for India Space Congress

New Delhi will host the India Space Congress 2026 from June 15 to June 17. Policymakers, diplomats, and industry leaders from over 25 countries will attend. The event will focus on India's ambition to build a USD 44 billion space economy by 2033. Discussions will cover technology, policy, and investment.

'We will bring back Tatas in Bengal': Suvendu Adhikari

Suvendu Adhikari, West Bengal Chief Minister, stated the BJP plans to bring the Tata Group back to the state. This comes after the Tata Motors Nano project's departure from Singur in 2008. The move aims to revive industrialisation and investment discussions in West Bengal. The BJP's commitment signals a potential return for significant industrial ventures.

Trump administration challenges judge’s order on $100,000 H-1B visa fee

The Trump administration is appealing a federal judge's decision that invalidated a $100,000 fee for H-1B visa applications. A Boston court ruled the increased cost, intended to curb immigration and protect American jobs, was an illegal tax. This legal battle highlights ongoing efforts to challenge the administration's immigration policies, with other lawsuits also pending.

PM Modi-led govt's 12 years in power are 'transformational for industry': Maruti Suzuki chairman

Maruti Suzuki Chairman R C Bhargava lauded Prime Minister Narendra Modi's economic policies. He stated these policies have transformed Indian industry over the past 12 years. Vehicle exports and car manufacturing have seen significant growth. Rural sales also increased substantially. Infrastructure development reduced logistics costs. India is becoming a preferred global supply chain destination.

South Asia can generate millions of jobs through agriculture sector: World Bank Group

With agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global leader in food systems, said World Bank Group, as per a statement by the Ministry of Food Processing Industries.

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers

The company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of how central generative AI is becoming in digital ⁠influence ⁠campaigns - even ones aimed against AI companies themselves.

No overcapacity in steel, textiles; India's consumption remains low: DGTR

India has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products is very low. India is a net importer of manmade fibres. Trade remedies are vital for fair practices and domestic manufacturing. Many trade defence probes are ongoing.

Bringing back Tata top priority for Bengal's BJP govt, says Industry Minister Tapas Roy

West Bengal's new Industry Minister Tapas Roy has prioritized bringing back Tata Motors to the state, aiming to signal a pro-industry environment. He highlighted the departure of 6,688 industries under the previous regime and emphasized the government's commitment to making Bengal investor-friendly, citing Amul's Rs 650 crore investment as an early success.

Thailand attracts far more tourists than India despite a higher per capita income. Shashi Tharoor explains why

Shashi Tharoor advocates for significant policy reforms and infrastructure development to enhance India's tourism. He suggests greater private sector participation in promoting the country as a travel destination. Tharoor highlights the need for cost reductions and improved hospitality sector regulations. He believes government efforts should focus on infrastructure and regulatory frameworks, allowing businesses to lead promotion.

Gujarat to introduce ‘Ultra Mega’ category in new industrial policy

Gujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is also adding more 'thrust sectors' like semiconductor ancillaries and drone manufacturing. Companies in this category can get up to 40% incentives on capital investment.

India counters US Section 301 probe claims of surplus capacity in textiles, steel

India is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic output closely matches local demand, driven by India's large population and growing consumption. Industry bodies like TEXPROCIL also reject these claims, highlighting that over 80% of textile production serves the domestic market.

Life insurers' premium income up 19% in Apr-May

Life insurance premiums surged 19% to ₹62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.

Business pushback led to soft stance on green card policy: Report

American business leaders successfully influenced US government policy on green cards. Following a new rule requiring foreign workers to return home for residency applications, industry giants voiced strong concerns. Through private discussions with the White House and government departments, they conveyed potential harm to their workforce.

India should review FTAs, overhaul investment screening, report says

India should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening framework and adopt a more coordinated trade and industrial policy approach as geopolitical tensions and economic fragmentation reshape global commerce, according to a report by Koan Advisory Group in association with Chintan Research Foundation, Information Technology Industry Council and Institute of Chinese Studies.

Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step in

India faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Strategic sectors like energy and green tech need state intervention. This involves public investment and risk absorption. New models can emerge, moving beyond past PSU issues. Intelligent state intervention is key for industrialization and competition.

Mukesh Ambani-led Reliance inks MoUs with Haryana Govt, to invest Rs 8,646 cr in Jhajjar township project

Reliance Industries' Model Economic Township Ltd has committed Rs 8,646 crore to its Jhajjar project. This investment, alongside industries setting up operations, will boost economic growth. The MoUs were signed as part of Haryana's Make in Haryana Industrial Policy 2026. These investments will create over 33,250 jobs across various sectors. Reliance MET City continues to facilitate this development.