lipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/general-insurers-seek-clarity-on-various-provisions-from-irdai/article65325148.ece Pricing, reinsurance, default, solvency margins arekey concerns General insurance companies have sought clarity from the Insurance Regulatory and Development Authority of India (IRDAI)
Category: Industry
*Cement industry may be on recovery path as margin pressures ease | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cement-industry-may-be-on-recovery-path-as-margin-pressures-ease-122040601383_1.html Share price of major companies are up 10-18% in the last one month, but analysts target prices suggest more upsides ahead The cement industry has
*Cement makers eye price rise as demand improves, input costs bite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/cement-makers-eye-price-rise-as-demand-improves-input-costs-bite/article65294506.ece South and Western markets expanded in double digits led by strong growth in Tamil Nadu, Kerala and Gujarat VELANKANNI RAJ B | Photo
*Policy support, volume growth: What’s lifting the spirits of liquor stocks? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/policy-support-volume-growth-what-s-lifting-the-spirits-of-liquor-stocks-122040500234_1.html The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry.
*Hospitality sector rings in FY23 on positive note amid broad-based recovery | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hospitality-sector-rings-in-fy23-on-positive-note-amid-broad-based-recovery-122040501057_1.html Business hotels, which saw a delayed recovery, are back stronger and sooner as big ticket conferences and meetings have resumed in a big
*Textile, yarn firms demand duty-free cotton imports on dwindling supplies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/textile-yarn-firms-demand-duty-free-cotton-imports-on-dwindling-supplies-122040501095_1.html Pipeline stocks will last for just about three-four months, companies say Cotton yarn With cotton textile and yarn makers bracing for a shortfall in the
*****Coffee exports up 42%, to hit a record $1.04 billion in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coffee-exports-up-42-to-hit-a-record-104-billion-in-fy22/article65288048.ece Rising global prices, pent-up demand post-Covid, lift shipments toa new high India’s coffee exports hit a new high during 2021-22, clocking over a
*****PLI scheme: Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-mulls-modifications-in-pli-scheme-for-speciality-steel-extends-last-date-for-application-till-april-30/articleshow/90621192.cms Synopsis On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to
Rising steel prices to make cars, home construction costlier – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/rising-steel-prices-to-make-cars-home-construction-costlier/article65283047.ece Steel prices in India have been at an all-time high over the last few months following supply shortages in Australian coking coal |
*****An astonishing recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/an-astonishing-recovery-122033001460_1.html The rise in corporate earnings in FY21 was largely led by a handful of big companies in price-sensitive sectors such as metals and
*****Testing times for PLI schemes: Covid-related delays put firms in pressure | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/testing-times-for-pli-schemes-covid-related-delays-put-firms-in-pressure-122040101519_1.html Companies have petitioned the government to double the incentive from 2.5 per cent to 5 per cent and extend the tenure This year,
Demand for chronic drugs likely to rise 30% ahead of price hike | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-for-chronic-drugs-likely-to-rise-30-ahead-of-price-hike-122040100055_1.html There would be a general rise in demand for chronic medicines as consumers would stock up ahead of a price rise Stockists and
Demand for chronic drugs likely to rise 30% ahead of price hike | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-for-chronic-drugs-likely-to-rise-30-ahead-of-price-hike-122040100055_1.html There would be a general rise in demand for chronic medicines as consumers would stock up ahead of a price rise Stockists and
instant grocery: Quick commerce on a slow burn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/quick-commerce-on-a-slow-burn/articleshow/90526046.cms Synopsis The value perception limits the scope of charging delivery fees. But premium services for, say, peak time orders could eventually become a
Ceat | Apollo | Continental : CCI raids on tyre companies Ceat, Apollo, Continental: Sources
Clipped from: https://economictimes.indiatimes.com/industry/auto/tyres/india-conducts-antitrust-raids-on-tyre-companies-ceat-apollo-continental-sources/articleshow/90537197.cms Synopsis The raids were being conducted by the Competition Commission of India (CCI) officers across multiple cities, the sources said. Apollo and Continental
Rising raw material costs make analysts cautious on realty stocks | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rising-raw-material-costs-make-analysts-cautious-on-realty-stocks-122032900239_1.html Over the last one year, developers’ average cost of construction has risen 10 – 12 per cent, owing to higher input cost due
20% rise in battery cell costs increasing short-term pressure: Tata Motors | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/20-rise-in-battery-cell-costs-increasing-short-term-pressure-tata-motors-122032900533_1.html Tata Motors said the cost of battery cells had increased by around 20% because of a global surge in raw material prices, mainly
Essential Medicines Price: Essential medicines to get expensive by more than 10 per cent from April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/essential-medicines-to-get-expensive-from-april/articleshow/90446347.cms Synopsis The NLEM list includes drugs like paracetamol, antibiotics like azithromycin, used to treat bacterial infections, anti-anaemia, vitamins and minerals. Some drugs used
Steel makers hike prices on input costs, supply constraints – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/steel-makers-hike-prices-on-input-costs-supply-constraints/article65257215.ece Spot prices of steel in Europe are higher by nearly Rs. 15,000 per tonne compared to prices in India, making it more lucrative
‘PLI schemes must be studied more closely’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/pli-schemes-must-be-studied-more-closely/article65257213.ece Raghuram Rajan, Former RBI Governor, delivering a lecture in Chennai on Thursday Bijoy Ghosh BIJOY GHOSH | Photo Credit: Bijoy Ghosh Raghuram Rajansays