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Thursday, April 15, 2021

Industries

Prolonged COVID-19 outbreak to impact Indian industry: CRISIL

<img class=" wp-image-21218 aligncenter" src="https://indiaupdates.in/wp-content/uploads/2020/02/crisil.jpg" alt="Prolonged COVID-19 outbreak to impact Indian industry: CRISIL" width="580" height="386" />New Delhi, Feb 21 (IANS) Any prolonged outbreak of the deadly coronavirus (COVID-19) will impact Indian industry which will face serious disruptions, ratings agency...

India’s industrial output contracts by 3.8% in Oct

New Delhi, Dec 13 (IANS) Dwindling manufacturing activity on the back of subdued demand conditions, contracted India's October factory output by (-) 3.8 per cent. However, the Index of Industrial Production (IIP) data suggested that downward production spiral has somewhat been...

China loosing competitive edge, India can gain: Piyush Goyal

New Delhi, Dec 12 (ANI): Union Minister of Commerce and Industry, Piyush Goyal on Wednesday said that China is gradually losing its competitive edge and India can gain a lot from the manufacturing sector which moves out of China. The...

Majority of top 100 Indian firms are new entities: Report

Mumbai, Dec 10 (IANS) As many as 54 per cent of the top 100 companies in India in terms of market capitalisation have been replaced by new companies over the past two decades, a report by Edelweiss Securities showed on...

Govt ignored lag signs in IIP, core sector growth: Experts

New Delhi, Nov 30 (IANS) The Indian economy's 26-quarter low growth of 4.5 per cent in July-September due to poor consumption, demand and investment can be attributed to the dismally low industrial and core sector production for most part of...

Govt plans to attract global manufacturers like Tesla to India

New Delhi, Nov 20 (IANS) The Centre plans to attract global manufacturing giants such as Tesla and over 300 others like it by simplifying and incentivising their entry into India. The proposal which is still under final phase of planning and...

‘Delhi is first state to have 95 pc CNG-powered industries’

New Delhi, Sep 19 (IANS) About 95 per cent of the oil-driven industry in Delhi has been shifted its operations to CNG, making the national capital first city to do so, according to a report submitted by the Delhi Dialogue...

India is the fastest growing market in the world for paper

New Delhi Sept 18 (ANI/NewsVoir): With a growth rate of 6-7 per cent, India is the fastest growing market in the world for paper. However inadequate raw material availability and Government's policy of extending preferential tariff treatment to import...

Four to Five non-core manufacturing units of BHEL could be sold

New Delhi, Sep 16 (IANS) State-owned Bharat Heavy Electricals Ltd (BHEL) may sell four to five units of its non-core manufacturing business under the government's asset monetisation process during the ongoing financial year. The government also plans to dilute its equity...

Sitharaman says economic revival has already started

New Delhi, Sep 14 (IANS) Finance Minister Nirmala Sitharaman on Saturday said there are clear signs of revival of most of the indicators of the economy with uptick in industrial production and fixed investment after economic growth plunged to a...

Latest News

Gujarat hits new daily Covid tally with over 7K cases, 73 deaths

Gandhinagar, April 14 (IANS) Gujarat saw its daily Covid tally continue to spiral high with 7,410 new cases on...