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MANUFACTURING WOES
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
RBI's rate-setting panel starts deliberations, policy announcement on FridayThe RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...
India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: ReportForecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...
Manufacturing activity at 3-month high in May despite cost woesIndia's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure proje...
Ahmedabad eyes GCC spotlight with Rs 15,000 crore Ganesh Housing tech cityGujarat is looking to boost its technology and services sector, with Ahmedabad being positioned as a global hub for innovation and high-ski...
In fresh trouble, B9 Beverages gets legal notice from HNGILCraft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
Iran war could drag India's GDP growth to 6.5% this fiscal, says CII president Rajiv MemaniIndia's economic growth forecast for this fiscal year is around 7 percent. This projection depends on the Iran war ending soon. If the conf...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
Packaging material crunch hits fertiliser, seeds companiesIndia's fertiliser and seed sectors face a packaging material crisis. The ongoing Iran war has disrupted supplies, increasing costs signifi...
Still not packaged well: GST adds to manufacturing woes, calls for simplification growsWhile GST collections for the month of November marked an 8.5% increase from last year at 1.82 lakh crore, certain key states have exhibite...
Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturers"There are rising and widely reported concerns about fund flows at leading local developer China Evergrande Group, whose business scale sug...
China manufacturing contracts, Korea exports slump as Asia's woes deepenManufacturers across Asia struggled last month, a series of surveys showed, denting hopes of a pick-up in the second half of the year as th...
Budget 2015: Electronic manufacturers want government to address duty woesElectronics industry players want the govt to address the decade old anomaly of inverted duty structure that has eroded domestic manufactur...
Manufacturing woes likely to strain banks' asset quality: SBI MD"The stress on manufacturing sector and mid-corporates will continue and this will definitely put pressure on asset quality," Kumar said.
Rupee Swing, cost rise add to pharma contract manufacturers' woesLooming expiry of tax incentives, rising raw material costs and a fluctuating rupee add to pharma contract manufacturers' woes.