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MANUFACTURING COMPETITIVENESS
India well on track to achieve $1 trillion exports target for FY27: Piyush GoyalCommerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already r...- PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstockThe PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-t...
- Government invites fresh applications under Rs 2,700 crore medical device PLI schemeThe government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended...
- US-China AI race could face financial setbacks, mass layoffs over next three years: ReportThe report highlighted, the global artificial intelligence (AI) race is increasingly becoming a contest between China's state-led approach ...
- China’s trade surplus tops $1 trillion for second straight year as exports surgeChina's trade surplus reached $1.04 trillion in January-October, crossing $1 trillion for a second consecutive year. October exports rose 3...
- Assam plans 6,000-bigha Defence Park in Morigaon to boost defence manufacturingAssam Government has approved the establishment of a Defence Park on approximately 6,000 bighas of land. This initiative aims to enhance de...
- No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEsIn a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprise...
- Pharma industry steps up API investments to cut import dependence, move up value chainIndia's pharmaceutical sector is shifting towards high-value medicines and reducing reliance on imports through local manufacturing. Invest...
- The great Indian biscuit battle begins: Can Reliance crack the code?Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wi...
- TSM stock rallies as Nvidia reportedly turns to TSMC for advanced memory chips - can it challenge Samsung, Micron and SK Hynix?TSM stock today: TSMC stock climbed more than 6% in early trading Friday after a report said the chipmaker is considering manufacturing adv...
- China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
- Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operationsThe proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia curr...
- Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
- Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
- India’s solar components market to more than double to $7.8 billion by March 2028: CEEWIndia's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased ...
- IndoBevs in talks with multiple bankers for Rs 150 crore fund raiseIndoBevs is seeking to raise Rs 150 crore in debt to enhance its manufacturing and distribution capabilities. The company aims to strengthe...
- Peppermint Robotics raises Rs 100 crore led by pi Ventures, Crane Venture PartnersThe company was founded in 2019 by Runal Dahiwade, and has raised Rs 150 crore to date. It also develops autonomous robots for material tra...
- BMW Q3 profit falls 15% as China competition weighsBMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of...
- India may reimpose broken rice export restrictions as prices cross $360 per tonne: IREFIndia may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethano...
- Global Market: European automakers get earnings boost as Chinese competition weighs on recoveryEuropean automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufac...
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