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LOCAL SOURCING REQUIREMENTS
Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...- Solar module cos flag cell shortage; makers say demand can be met this yearSolar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and...
- No degree, no startup, just water: Man makes Rs 80,000 a month selling Rs 5-per-litre chilled RO water during heatwave. Simple business idea wins praiseViral business idea: A viral video showcases a young entrepreneur selling chilled RO water from a battery-powered rickshaw. He delivers pur...
- AI isn’t just for large enterprises: Xebia's Anand Sahay on why MSMEs could be AI’s biggest winnersAs India accelerates its sovereign AI ambitions, the focus is shifting from infrastructure to outcomes, how businesses can harness AI to im...
- Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
- Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie WalshThe International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is...
- LPG Prices Hiked: Domestic cooking gas rates increased by Rs 29 per cylinder; Here's what consumers will now payLPG Price Today: Domestic LPG cylinder prices have been increased by Rs 29, taking the cost of a 14.2-kg cylinder in Delhi to Rs 942 with e...
- No fancy tech, no big investors: He started with Rs 30,000 and now earns Rs 3 lakh a month making paper bagsAn entrepreneur transformed a ₹30,000 family loan into a thriving paper bag manufacturing business. By sourcing waste paper and consistentl...
- Faroe Islands whale hunt: Over 700 dolphins and whales killed in annual grind tradition sparks global outrageThe Faroe Islands witnessed a mass killing of over 700 whales and dolphins in a traditional hunt. This ancient practice, known as the 'grin...
- Delhi hotel fire: Probe narrows focus on blocked roof exit, heaters, norm violations and ownership tangleDelhi Police are investigating a devastating hotel fire in Malviya Nagar. Key findings include a blocked roof exit and cooking heaters in g...
- 80% of Indian small businesses grew in 2025, surpassing Asia-Pacific average of 63%: CPA Australia SurveyRising costs remained the main challenge for such businesses in 2025, says the survey.
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- UK's Russell Group calls for tougher action on student visa fraudLeading UK universities, the Russell Group, are calling for a focused strategy against student visa fraud. They emphasize that isolated cas...
- India renews 5-year levy on solar glass imports from Malaysia: GazetteIndia has extended import duties on Malaysian solar glass for five more years. This decision follows a government review finding that remov...
- Scientists discover hydrogen breakthrough that could cut energy costs and reshape clean fuel productionUniversity of Birmingham researchers have developed a novel low-temperature method for hydrogen production, significantly reducing heat req...
- Srinagar Airport announces partial runway closures for maintenance starting July 2026; total runway shutdown from October 1Srinagar Airport faces flight disruptions due to Indian Air Force runway maintenance. As part of the maintenanace, the runway will be unava...
- ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
- PLI 2.0: India bets big on making more of the smartphone at homeIndia is updating its mobile phone production incentive scheme. The new plan targets over 55% domestic value addition. It will also link wi...
- PLI 2.0 scheme for mobile phones may ring louderIn a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving ove...
- Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
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