May 14, 2026

sector

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India’s telecom sector surges in 2025! 5G rollout reaches 85% of population; rural connectivity, digital adoption soar

contact@dailyupdatesindia.com02 mins

India’s telecom sector ended 2025 on a strong footing, with the department of telecommunications (DoT) recording major gains in digital connectivity, infrastructure expansion and technology self-reliance, according to a year-end review released by the ministry of communications.A key development during the year was the launch of the National Broadband Mission (NBM) 2.0 in January. The…

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Space funding surge: India’s private space sector raises $150 million so far this fiscal, says INSPACe chief

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India’s space industry has attracted $150 million in funding so far in the current financial year, marking the highest-ever fund mobilisation since the government opened up the sector to private participation in 2020, INSPACe Chairman Pawan Goenka said on Thursday, PTI reported.Speaking at the India Economic Forum in New Delhi, Goenka said the funding milestone…

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New Insurance Bill 2025: ‘Sabka Bima Sabki Raksha Bill’ cleared by Parliament; opens sector to 100% FDI

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NEW DELHI: The Parliament on Wednesday cleared the new insurance bill that allows 100% FDI. The “Sabka Bima Sabki Raksha Bill” was passed in Rajya Sabha, a day after getting Lok Sabha’s nod. This comes despite several Rajya Sabha opposition members’ demands that it’s referred to a Parliamentary committee fir further scrutiny. The members also…

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Jewellery sector recovers: Exports up nearly 20% in November; GJEPC says demand returning in China, Hong Kong, Middle East

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India’s gems and jewellery exports rose nearly 20 per cent year-on-year to $2.5 billion in November, buoyed by higher shipments of cut and polished diamonds, studded gold jewellery and silver items, according to provisional data released by the Gem and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports stood at $2.1 billion in November last year….

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‘Severely damaging’: Domestic copper sector under strain; industry warns against ‘zero-duty imports under FTAs’

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Cheap copper imports under multiple free trade agreements (FTAs) are “severely damaging” India’s domestic manufacturing system, the Indian Primary Copper Producers Association (IPCPA) said, urging the government to step in with safeguard duties and quantitative restrictions.The industry body said a surge in zero-duty copper imports is eroding India’s smelting and downstream manufacturing base, even as…

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Boost for Makhana sector! Government holds first meeting; Rs 476-crore scheme for expansion rolled out

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In a major push for India’s makhana sector, Union government approved a multi-year development programme with an outlay of Rs 476.03 crore for the six-year period from 2025-26 to 2030-31. The scheme, rolled out on Friday, aims to mordernise and expand the ecosystem. Ministry of agriculture and farmers welfare, said in an official release, that…

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Tariff war: After US, Mexico imposes up to 50% import duties on India, other Asian countries — which sector hit the hardest?

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Mexico has approved steep tariff hikes of up to 50% from the year 2026 on a wide range of imports from India, China and several other Asian countries in order to protect the national industry and producers, Reuters reported.The bill passed by the Senate on Wednesday with 76 votes in favour, 5 against and 35…

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Electronics sector seeks Chinese investments: Wants ownership limited to 26%; what it means for India

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Industry leaders in the electronics sector have urged the Indian government to allow joint venture proposals with Chinese companies under the automatic route, while limiting their equity share to a maximum of 26%, sources said.Documents reviewed by ET show that multiple industry associations, including the Confederation of Indian Industry (CII) and the India Electronics &…

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Trump’s $12 billion promise for farmers! US admin steps in to aid US agri sector; relief package funded through tariff inflows

contact@dailyupdatesindia.com05 mins

US President Donald Trump on Monday unveiled a $12 billion relief package for American farmers, aiming to soften the financial blow of the ongoing trade war with China, which has driven up production costs and slashed crop sales. The announcement was made at the White House during a roundtable meeting attended by agriculture secretary Brooke…

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