May 14, 2026

sector

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‘Focus less on margins’: PM Modi says private sector ‘critical’ for Viksit Bharat, offers strong advise – top quotes | India News

contact@dailyupdatesindia.com02 mins

Prime Minister Narendra Modi NEW DELHI: Prime Minister Narendra Modi on Sunday said that the private sector will play a decisive role in driving India’s next phase of economic transformation, as he highlighted reforms, digital growth and defence modernisation while sharply criticising the previous UPA government’s record. He said bold investments by industry in innovation…

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Noida metro expansion: Cabinet okays Aqua Line extension to Sector 142, 8 new stations to come up

contact@dailyupdatesindia.com01 mins

The Union Cabinet has approved the extension of the Noida Metro Aqua Line from Botanical Garden to Noida Sector 142, a move aimed at strengthening urban connectivity in one of the fastest-growing manufacturing and services hubs in the National Capital Region.The project will be implemented by the Noida Metro Rail Corporation Limited (NMRC) and will…

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New labour codes to keep salary hikes stable; IT sector margins tested

contact@dailyupdatesindia.com03 mins

A majority of companies are unlikely to reduce salary hikes, even with higher wage bills resulting from the implementation of new labour codes, according to HR heads and compensation experts. However, increments may be moderated in certain sectors, particularly information technology.Costs for benefits such as gratuity, overtime, bonus, and leave encashment have increased after the…

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‘Plumbers of the tech world’: Why Indian IT sector shouldn’t worry about AI impact – JPMorgan explains new areas of work

contact@dailyupdatesindia.com06 mins

Drawing a practical analogy, the JPMorgan report calls IT firms the ‘plumbers of the technology world’. (AI image) India’s IT sector is witnessing an unprecedented rout with stocks tanking on fears of artificial intelligence making the main roles at technology sector giants redundant. It’s a selloff like never before – but is the situation so…

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Weathering the Trump storm: How India’s IT sector & its talent is ‘uniquely positioned’ to deal with increased H-1B visa costs

contact@dailyupdatesindia.com09 mins

India’s unique talent pool would be its biggest strength in weathering the US immigration crackdown. (AI image) US President Donald Trump’s hike in H-1B visa fee – an important visa programme – may have a limited impact on India’s IT sector which currently uses this visa provision extensively. Trump has introduced a weighted H-1B visa…

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Union Budget 2026-27: Infrastructure-led growth to strengthen real estate sector outlook

contact@dailyupdatesindia.com04 mins

Union Budget 2026–27 positions real estate as a downstream beneficiary of infrastructure-led growth. (AI image) By Chintan Patel and Aman MehtaThe Union Budget 2026–27 reinforces a push towards infrastructure driven economic growth, setting a constructive backdrop for India’s real estate sector. While the budget does not introduce direct demand-side incentives for housing, its sharp focus…

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India needs $14.23 trillion investment in power sector by 2070 to meet net-zero goal: Niti Aayog

contact@dailyupdatesindia.com02 mins

India will require cumulative investments of $14.23 trillion in the power sector, including renewables, storage and transmission, by 2070 under a net-zero scenario, where non-fossil fuel-based generation accounts for 98 per cent, a Niti Aayog report said on Tuesday.The report, “Scenarios Towards Viksit Bharat and Net Zero: Sectoral Insights – Power”, said India’s development and…

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GDP growth at 6.4%! India will continue as fastest G-20 economy; banking sector to remain resilient in FY27

contact@dailyupdatesindia.com03 mins

India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…

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India-US trade deal: Interim pact brings ‘certainty and clarity’ for pharma sector

contact@dailyupdatesindia.com02 mins

NEW DELHI: The interim India-US trade arrangement provides certainty and clarity to the domestic pharma sector, with medicines staying outside reciprocal tariffs, and Washington signalling negotiated treatment for generics under Section 232.India plays a critical role in supplying affordable medicines to the US, with shipments of around $10 billion accounting for nearly 35% of its…

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