PRODUCTION
Life insurance sector outlook remains positive as protection, annuity products drive growth: Report
India's life insurance sector is expected to experience significant growth supported by increasing demand for various insurance products. The private sector is forecasted to achieve a robust growth rate in annualized premium equivalent over the next few years. Insurance companies are shifting their focus towards protection and annuity products amidst market volatility.
Rs 37,500 cr coal gasification push: CDEP-CWS study identifies priority chemicals to cut import
A study suggests India focus on coal-derived hydrogen, synthetic natural gas, and methanol to reduce imports. The government's initiative has a budget of Rs 37,500-crore aimed at boosting coal gasification. Investments should prioritize products that promise economic returns and reduce import dependence. The plan aims for 100 million tonnes of coal gasification capacity by 2030. India's experience may benefit from insights derived from China's coal-to-chemicals industry.
The enterprise sales productivity paradox: Why more training isn't always delivering better performance
Effective sales training focuses on providing reps with repeated practice and feedback rather than mere completion statistics. Most sales representatives struggle to handle customer objections effectively due to insufficient practice. The introduction of AI Roleplay allows reps to rehearse challenging scenarios and receive instant feedback on performance.
How ET Product of the Year Awards 2026 opens doors to bigger marketing opportunities
Here is how brands can move beyond short-term advertising campaigns to build lasting market credibility, strengthen brand presence, and connect with influential decision-makers through strategic marketing opportunities, integrated brand solutions, and high-impact media platforms.
An iconic puzzle comes home as production of the Rubik's Cube returns to Hungary
After selling more than half a billion units and becoming a worldwide cultural touchstone, production of the cube is returning to Hungary, where its inventor, Erno Rubik, first conceived of the iconic object that bears his name.
Government notifies commodity trading contract as financial product for IFSC GIFT City
The government has notified commodity trading contracts as financial products under the IFSCA Act. This aims to establish GIFT City as a global commodity trading hub for India. IFSCA will regulate these contracts to enhance international trading capabilities. Establishing a global platform will help India capture a larger share of commodity trade. This initiative is crucial for managing India’s vulnerabilities to global price fluctuations and supply chain disruptions.
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Tata Motors' JLR prepares four new luxury launches, Jaguar Type 01 production to begin in 2027
Jaguar Land Rover is set to expand its electric luxury vehicle offerings with four new models. These include the Range Rover Electric, Range Rover Sport Electric, Range Rover GT, and the Jaguar Type 01. Production for the Jaguar Type 01 is scheduled to commence in 2027, according to JLR's Chief Financial Officer. The new models will target various segments within the premium vehicle market.
Global oil market to return to surplus in Q4 2026, larger supply build expected in 2027: IEA
According to the International Energy Agency, the global oil market is set to rebalance by late 2026. Global oil production is expected to recover faster than demand, resulting in a surplus. The demand for oil is projected to decline by 2.7 million barrels per day in 2026. Despite easing crude prices, tight supplies of refined products continue to challenge energy markets.
Made in Pakistan beauty products seized in Maharashtra leave officials stunned: One cream found with 48,453 times the permissible mercury limit
Two Pakistani-labelled beauty creams seized by Nanded police have been found to contain dangerously high levels of mercury, with concentrations thousands of times above the permissible limit. Government laboratory tests detected 48,453.44 PPM in PARLEY 24K Gold Gleam Beauty Cream and 6,924.94 PPM in GOREE Beauty Cream. The products, worth Rs 39.69 lakh, were seized during a police raid in July.
Amazon's plan to own the world's product data and fight AI shopping agents
Called World Product Graph, the initiative seeks to hoover up data on virtually every item for sale on Earth, whether Amazon stocks it or not, according to an internal document reviewed by Reuters, and to people familiar with the matter.
Milk, curd and paneer packs to look different soon: Food regulator FSSAI orders dairy manufacturers to add new logo across products
FSSAI has mandated a new blue-and-white droplet logo on all milk and milk products, including milk, curd and paneer, from July 1, 2028. The standardised symbol, featuring a white droplet inside a blue square, aims to help consumers identify dairy products more easily and bring uniformity to food labelling. The new rules also prescribe logo sizes based on packaging dimensions.
AI can boost productivity but pose risks to India's IT sector: Moody's
Moody's Ratings said AI could boost productivity but also create job displacement risks in emerging markets with significant exposure to software, IT and business-process outsourcing. However, there is no clear evidence of either trend in India and the Philippines yet. The agency also raised its FY27 India GDP growth forecast to 7% from 6.5%.
PLI schemes achieve 76% of investment target, 64% of production goal: Niti Aayog
The production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, telecom and pharmaceuticals emerging as strong performers, Niti Aayog said. As of March 2026, the scheme had attracted ₹2.40 lakh crore in investments, generated production worth ₹22.66 lakh crore and created over 8.49 lakh jobs.
India needs to create high-quality jobs, increase productivity growth: IMF
The International Monetary Fund has upgraded India's potential growth to 6.8 percent, citing favorable demographics and a growing economy. Higher productivity growth and stronger private investment are essential to realize this potential. Faster creation of high-quality jobs is also crucial for sustainable economic development. The IMF continues to view India as a key growth engine for the global economy.
5 reasons why your product should be nominated for the ET Product of the Year Awards 2026
India's product landscape is rapidly transforming, driven by innovative solutions and upgraded offerings that cater to consumer demands. The ET Product of the Year Awards 2026 aims to shine a spotlight on products that have significantly impacted the market, emphasizing their success, user adoption, and overall customer value. Businesses are invited to submit nominations for products that debuted or evolved during the designated period to celebrate their accomplishments.
Hindalco bets on value-added products for earnings growth, stock re-rating
Hindalco reported record revenue and profit in the latest quarter amid increasing metal prices and improved Novelis performance. The company anticipates muted growth due to declining aluminium prices and elevated input costs. It has initiated significant investments in capacity expansion and enhancing value-added products. Novelis expects to transition towards increased earnings and cost savings in the coming years. Hindalco's strategic moves aim to fortify its position in the aluminium market.
Tea industry groups back panel's proposal for minimum sustainable price as costs outpace prices
Five tea industry associations have welcomed the government committee's recommendation for a minimum sustainable price for tea. This recommendation aims to address rising production costs that are exceeding the prices received by producers. The proposed benchmark price is linked to wage movements and consumer price indices, which will be reviewed periodically. Producers believe this pricing mechanism will help absorb wage increases and support investment in tea production.
JSW Steel crude steel production rises 19 pc to 25.73 lakh tonnes in Oct
JSW Steel reported a 19% increase in crude steel production, reaching 25.73 lakh tonnes in October. The Indian operations contributed the majority of this production, totaling 24.86 lakh tonnes for the month. Additionally, JSW Steel USA-Ohio recorded a modest increase in steel output, totaling 0.87 lakh tonnes.
Bata India says new product lines to drive growth, reiterates target to double turnover by 2030
By 2030, Bata India plans to achieve remarkable growth by doubling its turnover and profits. To attract a younger demographic, the company is rolling out innovative sneakers and casual footwear. The 'Reignite India 2030' initiative outlines its strategy for sustained growth, including introducing diverse global products and prioritizing franchisee developments while reviewing new opportunities for its own retail stores.
Anthropic expands Claude into spreadsheets, dashboards and collaborative workplace tools
Artificial intelligence company Anthropic has expanded its Claude platform with new tools for creating spreadsheets, digital whiteboards and data dashboards, broadening its capabilities in workplace productivity and collaboration.
US crude production to hit record high for fourth straight year in 2026, EIA says
The US Energy Information Administration expects crude production to reach a record 13.9 million barrels per day in 2026, rising to 14.3 million bpd in 2027. Diesel and gasoline prices are also forecast to increase in 2027. Brent crude is projected to average $97 per barrel in 2026 before easing to $86 in 2027.
NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
USDA flags frozen beef, pork and chicken products over hidden allergens. Check the affected lot codes and what to do
A public health alert has been issued by the USDA's Food Safety and Inspection Service regarding frozen meat products from Betterballen Foods LLC. The alert highlights misbranding issues along with undeclared allergens, specifically sesame and anchovy. Consumers are urged to return or dispose of these products if found, although there have been no illness reports linked to them as per health officials.
India’s product landscape is changing: Which products are setting the benchmark across technology, finance, and consumer markets?
The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.
Rising maize diversion for ethanol production may fuel food inflation
Oil marketing companies have increased maize demand for ethanol, which is raising concerns for animal feed costs and inflation. Maize prices have doubled compared to last year amid projections of declining kharif production. Ethanol manufacturing is experiencing high competition for maize due to reduced sugarcane availability. Experts warn that heightened maize prices will affect poultry farmers and ultimately consumers.
Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 crore
Home and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an estimated ₹1,328 crore from October 21 to November 5. Consumers showed increased spending on household appliances, water purifiers, and kitchenware, reflecting changing priorities. Traditional categories like fashion and gifting also experienced notable growth during this time. However, health and wellness product sales decreased as budgets shifted towards festive purchases.
India's sugar mills face margin squeeze as ethanol production restrictions and rising costs hit profitability: Crisil
India’s sugar mills may see decreased operating margins due to factors like rising sugarcane prices and production restrictions. The shift to C-heavy molasses for ethanol is expected to affect profitability negatively. While sugar prices are firm, they may not fully offset the losses from reduced ethanol sales. Demand and realisations might support a modest growth in operating income for this fiscal year.
Morepen Laboratories launches Desloratadine (Rx) generic drug product in US market
Morepen Laboratories has launched its prescription generic product Desloratadine in the United States market. This launch is managed through the company's subsidiary, Morpen Bio. Inc. The product will be available in 100-count and 500-count packs to consumers. Additionally, Morepen has submitted an Abbreviated New Drug Application for Sitagliptin Phosphate Tablets to the US FDA. The submission is currently undergoing regulatory review, which is an important step for their expansion.
USDA to launch AI tool to check crop production data after errors
After the USDA discovered errors in its corn data from September, officials determined the AI tool would have flagged the problem and decided to use it on the crop production report due on November 10, USDA Under Secretary Scott Hutchins said in an interview.
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