Mahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...

Private sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...

Forecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...

India's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure proje...

Gujarat is looking to boost its technology and services sector, with Ahmedabad being positioned as a global hub for innovation and high-ski...

Craft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over ₹8 crore in ...

Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...

India'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 faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...

India's fertiliser and seed sectors face a packaging material crisis. The ongoing Iran war has disrupted supplies, increasing costs signifi...

While 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...

"There are rising and widely reported concerns about fund flows at leading local developer China Evergrande Group, whose business scale sug...

Manufacturers 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...

Electronics industry players want the govt to address the decade old anomaly of inverted duty structure that has eroded domestic manufactur...

"The stress on manufacturing sector and mid-corporates will continue and this will definitely put pressure on asset quality," Kumar said.

Looming expiry of tax incentives, rising raw material costs and a fluctuating rupee add to pharma contract manufacturers' woes.