INDUSTRIAL MAINTENANCE
Government to review fixed costs for urea plants, subsidy payouts may change
In response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This initiative may lead to changes in the payment framework, directly impacting government subsidy allocations. The current fixed-cost formula has been stagnant since the financial year 2002-03, prompting industry advocates to request that heightened costs be factored into forthcoming reviews.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
In the short term, be ready for volatility, and do not mistake the passing of one big event for an all-clear. In the long term, give up trying to guess when the storm will end. That is not something anyone can do.
India has a 1% GDP opportunity. It’s hiding in plain sight
India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.
United passengers spent 12 hours waiting to fly from Washington to Rome, but a series of mechanical, weather and crew problems changed everything
United Airlines Flight 884 faced significant delays due to technical issues, weather complications, and crew time limits. Passengers boarded in Washington, D.C., but experienced an extended wait before the flight was finally canceled. Ultimately, travelers spent approximately 12 hours at the airport before rebooking on a later flight to Rome. The prolonged disruption raised frustrations among passengers, who questioned the handling of the situation.
World Space Week 2026: The rocket revolution is happening above us — How cheaper launches could change everyday life on Earth
Sixty-nine years after Sputnik's launch marked the beginning of the Space Age, new advancements are reshaping space access. Reusable rockets, such as SpaceX's Falcon 9 and Starship, are cost-effective alternatives to traditional expendable launch vehicles. This transformation supports not only increased launch frequency but also diverse missions involving satellites and human exploration. World Space Week 2026 emphasizes these advancements while inspiring students through rocketry programs worldwide.
Self-reliance in aero-engines foundation of India's aerospace sovereignty: Rajnath Singh
Defence Minister Rajnath Singh recently celebrated the remarkable milestone of HAL's Koraput Division delivering its 2,000th aero-engine. This new Shakti engine line is set to manufacture up to 100 engines each year, reinforcing military readiness. He emphasized the necessity of developing indigenous capabilities for defense projects, notably the Advanced Medium Combat Aircraft, while calling for strengthened ties with MSMEs and educational institutions, highlighting Odisha's pivotal role in the aerospace industry.
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The economics of India's biggest export industry goes topsy-turvy
India’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level hiring. Clients are demanding more output for less, while spending shifts towards AI, cloud and in-house capabilities.
States seek additional power as India faces night-time supply squeeze
Several Indian states, including Rajasthan and Gujarat, are seeking additional power allocations to manage supply shortages. This situation arises as hydropower output has weakened and maintenance at coal plants reduces electricity availability. Power shortages surged significantly in September due to high demand and low generation rates. The federal government is struggling to meet these requests as much of its available power is already allocated.
20,000-plus people shift as IT firms buy GCC, captive tech carve-outs
TCS’s takeover of Best Buy’s India GCC under a multiyear deal is the latest example, while HCLTech’s $10.5-million acquisition of Guardian Life’s India operations brought nearly 2,000 employees into the company under a seven-year partnership.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%
In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things underneath it: The central bank, the fund flows, and, above all, corporate earnings. Watch those, stay patient, and forget the daily noise.
Variable dearness allowance hike from October 1: Check revised minimum wages for workers across categories
Variable dearness allowance: The government has announced an increase in Variable Dearness Allowance affecting various sectors including agriculture and construction. This revision will take effect from October 1, 2026, and will adjust minimum wages for workers accordingly.
GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease compliance
India is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the release of accumulated input tax credit that benefits various industries and supports growth. The GST Council plans to reconsider tax treatment for certain supplier defaults to protect genuine buyers.
In 1990, Switzerland crushed an old A13 road and reused 66% to 100% of it in new concrete; 20 years later, every recycled test mix was still rated good or very good
New research highlights the impressive durability of Swiss highways built with recycled concrete over several decades. The A13 motorway took the lead, using up to 100 percent recycled materials while matching the performance of virgin concrete. While American states are beginning to experiment with recycled aggregates, implementation has not yet matched Switzerland's extent. This successful model could reshape future infrastructure investments in the U.S.
Your car knows where you go. Insurers, lenders and automakers want to know too
Connected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data collection offers manufacturers and service providers insights to enhance their offerings. Diverse stakeholders can leverage this information, including insurers and fleet managers, to better assess risks and operational efficiencies. However, concerns about data privacy and user consent complicate the monetization landscape.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Sleepless on Wall Street: All-night stock exchanges coming soon
US equity exchanges will begin extended trading hours with an overnight session from 9 p.m. to 4 a.m. starting December 6. The changes aim to cater to growing foreign investor interest and compete with crypto markets. However, concerns about market liquidity and increased risks during these hours are prevalent among institutional investors. Pre-existing trading volumes suggest that institutional participation during night hours may be limited.
Suzuki asks India suppliers to move to 6-day, 20-hour operations by Sept 2027, sources say
Suzuki Motor has requested Indian suppliers to implement a maintenance break for one day each week. This strategy aims to improve quality and prevent unscheduled production stoppages as output is expanded. Suppliers must sign declarations confirming that production lines will not operate continuously seven days a week. Amid rising demand in the domestic market, the company plans to boost car production to meet future targets.
Ashok Leyland: A stronger balance sheet inside a business that will always remain cyclical
Quarterly numbers tell you what happened. But they do not always tell you why it happened. In commercial vehicles, demand can change because of many reasons: Interest rates, freight movement, regulation, vehicle utilisation, or simply the age of the fleet. This story looks at the factors that matter most for Ashok Leyland and uses the numbers to show how each one affects the business.
From Jab to Pills: Novo Nordisk, Eli Lilly set to take obesity drug battle to India
India’s obesity drug market is set for a new phase as Novo Nordisk’s oral Wegovy and Eli Lilly’s oral GLP-1 orforglipron are expected to launch in the first half of 2027. Industry sources said both have been submitted to Indian regulators, potentially expanding demand beyond injectable treatments.
India power shortfall hits three-year peak despite higher coal burn
India experienced significant power shortages in September, attributed to an increase in industrial consumption and low rainfall. Coal-fired power generation rose sharply, accounting for 66.03% of overall electricity generation. Renewable energy generation increased, but its share in total generation declined to about 17%. Approximately 40% of coal plants were reported to be running with critically low fuel stocks. Overall electricity generation in September increased by 11.3% from the previous year.
Highway Infrastructure shares jump 9% after Rs 245 crore toll operations win from UP authority, NHAI
Highway Infrastructure shares jumped after the company secured toll operations orders worth Rs 254 crore from UPEIDA and NHAI. The key order, worth Rs 220.66 crore, involves toll collection and plaza operations on the Gorakhpur Link Expressway, along with deployment of patrol-cum-safety vehicles.
Eiffel Tower chief to step down after exclusion of female staff during Hindu delegation visit
Patrick Branco Ruivo will resign from his position at the Société d’Exploitation de la tour Eiffel. An investigation revealed female staff were excluded during a visit by a Hindu religious group, which caused staff protests. The Eiffel Tower faced a strike shortly after the incident due to management's instructions regarding gender interactions. Ariel Weil has called for gender equality training following the controversy.
Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW Energy
The Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a decline of 360.25 points, reflecting increased investor anxiety. Key players like Tata Group, ITC, and Indian Railway Finance Corporation draw attention following recent news. Analysts suggest that if the market falls further below these critical levels, the correction may continue.
ET Startup Awards 2026: Armatrix targets 10-12 pilots, commercial deployment of snake-like robotic arms in 2028
Armatrix won the Best on Campus category at The Economic Times Startup Awards 2026 for its 3-5 metre long snake-like robotic arms designed to navigate narrow and hazardous industrial spaces where conventional robots and workers struggle to operate. It won for its clearly defined use cases.
India’s first LNG-powered train is here: 1,400 HP power cars to replace nearly 40% of diesel use while cutting carbon dioxide, nitrogen oxides & particulate emissions
India’s first LNG-powered train is here: Amit Shah flagged off India’s first LNG-powered train in Gujarat and launched railway projects worth more than Rs 1,542 crore at Sabarmati. The projects include a diesel-LNG dual-fuel train, Kavach safety system across 404 km, automatic signalling, a Rs 700 crore WAG-12 locomotive maintenance shed and the Sabarmati-Sarkhej line doubling project.
Steamhouse India wins Rs 311 crore EPC mandate for 300 TPH steam project in Himachal Pradesh
Steamhouse India Ltd has secured a Rs 311 crore EPC mandate for a 300 TPH common steam and co-generation power plant at the Bulk Drug Park in Una, Himachal Pradesh. The project includes an indicative 30 MW power facility and a 25-year O&M mandate, providing the company with both an EPC opportunity and a long-term recurring revenue stream.
A purple stripe on a tree can legally mean ‘No Trespassing’ in 22 states; in Pennsylvania, the mark must be 8 inches long and 3 to 5 feet above ground
In numerous states, purple paint markings on trees serve as a significant alert for private property, signaling that all forms of outdoor activity are prohibited, not just hunting or fishing. States have integrated these markings into their laws, attaching penalties for violations. Ignorance of these regulations doesn’t shield individuals from consequence. Therefore, hikers are advised to remain vigilant and retreat upon spotting purple paint during their excursions.
Deon Energy files draft papers with Sebi to raise funds via IPO
Deon Energy, an Ahmedabad-based solar EPC firm, is set to launch an IPO to gather capital. This offering will feature a fresh equity share issue coupled with a promoter's sale of shares. The funds raised aim to establish a 30 MW solar power plant in Gujarat while also boosting working capital and covering essential corporate expenses.
Axiom Gas Engineering SME IPO shares to list today: Key details investors should know
Axiom Gas Engineering is set to list on the NSE SME platform today following its Rs 50.75 crore IPO, which was subscribed 1.39 times. The issue, priced between Rs 51 and Rs 54 per share, aims to fund capital expenditure, debt repayment, and general corporate needs.
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