Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-crash-13-15-per-cent-in-july/article65644258.ece Seasonal dip in demand, recessionary pressures across the globe and an impending slowdown in China seen as reasons Global steel prices, including export
Category: Industry
*It Stocks today: IT stocks slide after TCS Q1 miss; some feel any further fall could trigger buying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-slide-after-tcs-q1-miss-some-feel-any-further-fall-could-trigger-buying/articleshow/92814660.cms Synopsis The weaker-than-expected TCS earnings added to existing concerns over a potential US recession that is feared to hurt deal pipeline for IT
*‘Poultry industry faces severe shortage of talent’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-faces-severe-shortage-of-talent/article65629703.ece Annually around 5 lakh professionals can enter the industry, says Suguna Holdings CHRO S Harish India’s poultry sector is growing at 8-10 per
*Tractor exports hit historic high in June; production and sales too soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tractor-exports-hit-historic-high-in-june-production-and-sales-too-soar/article65627137.ece For the 13th month in a row, tractor exports stay above 10,000 levels; Q1 exports grew 32% June proved to be a strong month
Housing sales fall 15 pc in Apr-Jun in top 7 cities from previous quarter on rise in property, mortgage rates | The Financial Express
Clipped from: https://www.financialexpress.com/money/housing-sales-fall-15-pc-in-apr-jun-in-top-7-cities-from-previous-quarter-on-rise-in-property-mortgage-rates/2578043/ On Wednesday, housing brokerage firm PropTiger released its data, which showed that sales jumped over 4.5 times year-on-year in April-June across eight cities
textile industry: Garment exporters face potential loss of Rs 1,200 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/garment-exporters-face-potential-loss-of-rs-1200-crore/articleshow/92343936.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The textile industry employs around 45 million workers and is expected to be worth more than $209 billion by 2029. But if
*India considers curbing fridge imports to boost local industry: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-considers-curbing-fridge-imports-to-boost-local-industry-report-122060900499_1.html Sources say the government is considering mandating that importers seek a licence from the authorities, replacing the existing free-import regime Representative Image India
*How to make India a leader in solar module manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-india-a-leader-in-solar-module-manufacturing/article65510177.ece Augmenting domestic research, commercialising evolving technologies, unlocking export markets and making available the required capital are vital The recent power crisis once again
*Tyre exports rise 50% to over ₹21,000 crore in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-roll-up-50-per-cent-to-top-rs-21000-crore-in-fy22/article65510194.ece Tyre exports have jumped 70 per cent in the last two years since the pandemic hit Recording one of the highest growths across
*Domestic tractor sales declined 8% in May on a sequential basis; exports remain robust – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/domestic-tractor-sales-decline-in-may-on-a-sequential-basis-exports-remain-robust/article65511016.ece USA, Europe and Asia are likely to remain the focal regions for long-term tractor exports Domestic tractor sales reported an 8 per cent decline in
*****How to make India a leader in solar module manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-india-a-leader-in-solar-module-manufacturing/article65510177.ece Augmenting domestic research, commercialising evolving technologies, unlocking export markets and making available the required capital are vital The recent power crisis once again
*****India’s plan to recycle old cars is failing to woo vehicle owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/renewables/indias-plan-to-recycle-old-cars-failing-to-woo-vehicle-owners/articleshow/92095693.cms Synopsis The government last year mandated that personal vehicles more than 20 years old and commercial vehicles more than 15 years old will
*****Never again will there be coal shortage in the country: Pralhad Joshi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/never-again-will-there-be-coal-shortage-in-the-country-pralhad-joshi/article65497722.ece Twice in the recent past, the country has faced coal shortage – in October 2021 and last month. Critics blame poor planning; the
*****Centre to soon call stakeholders meeting on poultry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/centre-to-soon-call-stakeholders-meeting-on-poultry/article65484826.ece Minister expresses concern over low price for farmers Union Minister of State for Fisheries, Animal Husbandry and Dairying Sanjeev Balyan on Wednesday indicated
*****From Tirupur to Panipat, soaring cotton prices are searing India’s textile exporters and mills – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-tirupur-to-panipat-soaring-cotton-prices-are-searing-indias-textile-exporters-and-mills/articleshow/91932307.cms SynopsisHigh cotton prices are plaguing textile firms, and many mills are being forced to shut operations. This situation could have been avoided with
*Another anti-trade action | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/another-anti-trade-action-122053001487_1.html Govt must avoid protectionist measures The Union Ministry of Commerce and Industry last week issued a statement to the effect that all imports
*****Want to install solar panels? Here are some points you should keep in mind – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/interested-in-solar-panels-here-is-some-advice/articleshow/91781940.cms Synopsis Interest in rooftop solar systems is high and growing as energy prices rise and concerns about climate change mount. Many people are
*****Steel stocks tumble on export tax | The Financial Express
Clipped from: https://www.financialexpress.com/market/steel-stocks-tumble-on-export-tax/2535401/ While the new impost is aimed at curbing rising prices of the alloy and boost its availability and consumption in the local market,
*****Rein in cotton hoarding: Textile industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/rein-in-cotton-hoarding-textile-industry/article65424498.ece Industry has urged the govt to remove cotton from the list of commodities traded on the commodity exchanges NAGARA GOPAL | Photo Credit:
*****Pharma companies are now busy adding capacities and seeing a surge in demand for non-Covid drugs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pharma-companies-are-now-busy-adding-capacities-and-seeing-a-surge-in-demand-for-non-covid-drugs/articleshow/91566425.cms Synopsis Indian drug manufacturers launch 300-350 new brands (mostly repurposed or combinations of two earlier drugs) every year. This had slowed down in
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