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EXCESS MANUFACTURING CAPACITY
Trump may hold off on new capacity tariffs as Xi meeting draws closer: ReportThe United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading pa...- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
- World’s biggest handshake at BRICS: Can it shake the world order?Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...
- Indian agrochemical firms may benefit from volume recovery, but weak pricing, competition could pressure margins: ReportGlobal agrochemical markets face ongoing pressure from weak farmer economics and intense competition. Channel inventories have largely retu...
- In 2024, Arizona engineers used 100% recycled glass to widen 23 miles of Interstate 17 at 19 sites, protecting concrete culverts built for a narrower highwayInstead of adding heavy soil and stone above aging concrete drainage structures, engineers used ultra-lightweight foam glass made from recy...
- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- Sales didn't move, the profit went up. Here's the trick which is used to do thisHere is one that should make you look twice at any company you own. A company paid a supplier Rs. 394 crore, described in its accounts as a...
- India’s manufacturing sector needs 13.1% growth to hit $7.5 trillion by 2047: ReportIndia's manufacturing sector requires a 13.1 percent annual growth rate to reach USD 7.5 trillion by 2047. This ambitious target is crucial...
- Welspun Corp shares jump 6% after Jefferies initiates coverage with Buy rating. Should you invest?Welspun Corp shares jumped nearly 6% after Jefferies initiated coverage with a Buy rating and a Rs 3,250 target price, implying 27% upside....
- View: Leveraging monetary policy for India’s youthQ1 GDP: The release of the latest data coincided with the significant assertion at the SCO meet, of India’s vision of ‘transforming shared ...
- Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
- 50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
- India has fixed its PSU banks. Now comes the more ambitious partThe EAC-PM has proposed consolidating India’s public sector banks into a few large, comparable institutions to meet rising credit demand an...
- Piyush Goyal urges Japanese firms to source steel from IndiaCommerce Minister Piyush Goyal asked Japanese companies to source steel from India. He questioned trade protection for firms not supporting...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- Trump to impose 7.5 percent tariff on Chinese goods, raising the total to 20 percentThe US plans to impose a 7.5% tariff on Chinese goods soon. This move aims to restore previous duties to around 20% before a summit. Beijin...
- India's pharma sector must shift from cost competitiveness to innovation, global quality: ExpertsFor the growth of India's pharmaceutical sector, prioritizing innovation and advanced manufacturing is essential. Experts indicate that inc...
- A road in Surrey could soon send its summer heat 100 metres beneath the surface, store it underground and bring it back during winter, turning geothermal energy into a defense against potholesWhat if roads could store summer heat and use it to prevent winter damage? A University of Surrey trial is exploring exactly that. Its geot...
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