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Last updated: 26 Mar, 2026  
 Industry News


Indian auto industry sees best-ever May retail sales at over 25.3 lakh units
IANS | 08 Jun, 2026
The Indian auto industry saw its best-ever May retail sales at 25,31,067 units during the month, a 9.55 per cent year-on-year expansion -- with passenger vehicles (PVs) witnessing a robust 23.25 per cent growth, the Federation of Automobile Dealers Associations (FADA) data showed on Monday.
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BHEL shares jump over 2 pc on bagging Rs 21,000 crore power project order
IANS | 05 Jun, 2026
Shares of state-owned Bharat Heavy Electricals Limited went up by over 2 per cent on Friday after the engineering major secured an order worth over Rs 21,000 crore from Meja Urja Nigam Pvt Ltd (MUNPL) for setting up the 3x800 MW Meja supercritical thermal power project Stage-II at Prayagraj in Uttar Pradesh.
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CEPA with Oman comes as big boost for India's textile sector
IANS | 04 Jun, 2026
The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market.
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Cotton duty waiver brings relief to TN's Tiruppur knitwear industry; exporters hail move
IANS | 01 Jun, 2026
The Tiruppur knitwear and textile industry has welcomed the Centre’s decision to temporarily remove customs duty on cotton imports, describing it as a timely intervention that will help reduce production costs, improve raw material availability, and enhance the global competitiveness of India’s textile and apparel exports.
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Centre exempt all customs duties on cotton import from June 1 till Oct 30
IANS | 30 May, 2026
The government on Saturday announced a temporary exemption on all customs duties on the import of cotton from June 1 till October 30, to augment its availability for the Indian textile sector amid geopolitical tensions.
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Nifty, Sensex end lower this week over below-normal monsoon forecast, FII selling
IANS | 30 May, 2026
The Indian equity benchmarks posted notable losses during the week due to sustained FII selling and below-normal monsoon forecast, causing fears of food inflation.
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Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore under JAL resolution
IANS | 21 May, 2026
Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has signed a definitive agreement to acquire Jaypee Fertilizers & Industries Ltd (JFIL) for Rs 1,500 crore as part of the NCLT-approved resolution plan for Jaiprakash Associates Ltd (JAL).
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Gold, silver trade volatile amid rising West Asia tensions and US bond yields
IANS | 18 May, 2026
Gold and silver showed volatility on Monday amid rising geopolitical tensions in West Asia, which typically support safe-haven demand, and a sharp rise in US Treasury yields.
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Rs 3 hike in fuel prices marginal as oil firms absorbing losses of Rs 1,000 crore a day: Top official
IANS | 15 May, 2026
The marginal Rs 3 per litre hike in petrol and diesel prices announced by the government is a mere drop in the bucket compared to the huge losses that the public sector oil companies are absorbing due to soaring global prices of crude oil, which have crossed $100 a barrel, a senior official said on Friday.
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Cabinet approves Rs 20,667 crore double line railway project in Gujarat
IANS | 13 May, 2026
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej)-Dholera semi-high-speed double line railway project - the first of the Indian Railways planned with indigenously developed technology, with a total investment of Rs 20,667 crore.
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