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Modi urges fuel saving as govt and India Inc plan war footing energy measures

Modi urges fuel saving as govt and India Inc plan war footing energy measures

India’s government is preparing consultations on managing fallout from the West Asia war, with PM Narendra Modi urging citizens to save fuel. Officials are considering measures to conserve energy and protect foreign exchange, while industry leaders are likely to be brought into discussions to keep supplies steady and limit economic pressure.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Govt plans Rural Prosperity and Resilience program to link big industry with rural producers

Govt plans Rural Prosperity and Resilience program to link big industry with rural producers

The government is considering a new initiative called Rural Prosperity and Rural Resilience to directly connect industries with rural producers. The plan is designed to strengthen value chains by improving skills and expanding market access, while encouraging distributed manufacturing and greater corporate presence in rural areas. It also aims to transform local livelihoods by combining enterprise support with digital systems.

Summarised by Beize from a story on The Economic Times on 11 May 2026

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Govt may let firms hire 25% apprentices but only if strict pay and job quotas met

Govt may let firms hire 25% apprentices but only if strict pay and job quotas met

Skills Secretary Debashree Mukherjee said large industries could be allowed to engage apprentices up to 25% if they already met the 15% requirement in the past three years. Firms would also need to pay at least 30% above the mandated minimum rates and retain employment for at least 35% of apprentices, tying expansion to outcomes.

Summarised by Beize from a story on The Economic Times on 11 May 2026
India factories are adopting AI but the real hurdle is execution not algorithms report

India factories are adopting AI but the real hurdle is execution not algorithms report

India’s manufacturing sector is moving toward AI for better efficiency and quality, and early adopters are seeing tangible gains. But a new report argues the biggest barrier isn’t the technology—it’s execution. Companies struggle with integration and data readiness, while startups push practical tools to help factories deploy AI effectively. The outlook: human-AI collaboration, not job losses.

Summarised by Beize from a story on The Economic Times on 5 May 2026
WTC Mumbai submits memorandum urging GST issue redressal for struggling businesses

WTC Mumbai submits memorandum urging GST issue redressal for struggling businesses

WTC Mumbai has submitted a memorandum seeking GST issue redressal, spotlighting emerging challenges faced by the industry. The document outlines key concerns and puts forward recommendations aimed at improving how GST-related problems are addressed, signaling growing pressure on policymakers to respond to business difficulties and streamline compliance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Electricity tariff reform could slash industry costs and restart profit cycles across key sectors

Electricity tariff reform could slash industry costs and restart profit cycles across key sectors

India’s Draft Electricity (Amendment) Bill, 2025, proposes ending cross-subsidies, enabling private distribution, and setting tariffs closer to actual costs. If implemented, industrial power bills—especially for energy-intensive players like steel, cement, aluminium, and data centres—could fall, lifting margins. States with currently “distorted” tariffs are expected to benefit the most from the reset.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Budget push gathers industry input on tax rates base and duty structure

Budget push gathers industry input on tax rates base and duty structure

Ahead of the Union Budget process, the Finance Ministry has invited suggestions from industry and trade bodies on possible changes to duty structures, tax rates, and the broadening of the tax base. The communication covers both direct and indirect taxes and asks stakeholders to provide economic justifications for proposed changes.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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