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GLOBAL FACTORY ACTIVITY
India monsoon starts almost 40% short as El Niño upends weatherIndia's monsoon has begun with a significant 40% deficit in rainfall, threatening crucial crops like rice and soybeans. The El Niño phenome...
Indian pharma leaving generics era behind, but the Street hasn't caught up yet: Nandan KulkarniIndian pharma is shifting from generics to innovation. This transformation, extending to 2035, is creating significant new opportunities. C...
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
Fable 5 wake-up call; Indians chase SpaceX jackpotHappy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Mornin...
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
In 1987, the world swapped ozone-destroying CFCs for safer refrigerants; nearly 40 years later, scientists found the switch had been quietly raining a forever chemical across the planetChemicals meant to protect the planet are now causing a new issue. Replacements for ozone-damaging CFCs are forming a stubborn chemical, TF...
L&T betting big on 'digital workers' to overcome manpower challenges in projects: CFO R Shankar RamanLarsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance...
L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar RamanLarsen & Toubro is embracing automation and technology for construction growth. The company is using robots for tasks like welding and plas...
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
Asia's factory output expands as firms stockpile buffers over Iran war risksAsian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. ...
China factory activity slows in MayChina's manufacturing activity slowed in May, with the official factory PMI slipping to 50 from 50.3 in April, as a five-day holiday disrup...
War & AImpact: China's export-price jump fastest in 3 yearsChina's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil,...
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...