Clipped from: https://www.business-standard.com/article/opinion/food-processing-potential-122032401502_1.html Higher scale will have multiple benefits The food processing industry, even though in its infancy, has emerged as the biggest employer of labour in the manufacturing sector.
Category: Industry
Two years of Covid: Metals get their shine back as demand fuels rally | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/two-years-of-covid-metals-get-their-shine-back-as-demand-fuels-rally-122032400536_1.html According to CRISIL Research, base metals are currently at their highest levels since 2008, while steel prices in Europe are at an all-time
Tea exports can grow exponentially – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/tea-exports-can-grow-exponentially/article65235748.ece Indian must look beyond traditional markets such as Russia. With Russia, rupee-rouble payment can be activated The Indian tea industry is one of
Real estate on the high rise again – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/real-estate-on-the-high-rise-again/articleshow/90209592.cms Synopsis The housing market can absorb orderly price escalation. But a sustained cost push through expensive energy could derail its recovery. The real
Auto PLI scheme: Maruti, Hero among 75 firms to get govt’s nod | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/auto-pli-scheme-investment-proposals-overshoots-target-122031501328_1.html Bharat Forge, Bosch India, CEAT, BHEL, and Ola Electric also on the list Photo: Bloomberg Major automotive (auto) component manufacturers and automakers on
Real estate: Real estate on the high rise again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/real-estate-on-the-high-rise-again/articleshow/90209592.cms Advertorial Eco-friendly cryptos to watch out for this year Synopsis Cryptocurrency mining currently consumes an alarming amount of fossil fuels. But it doesn’t
Container freight rates set to rise on more China lockdowns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/container-freight-rates-set-to-rise-on-more-china-lockdowns/articleshow/90214122.cms Synopsis The rapid spread of the omicron variant in China is increasing the pressure on already strained supply chains reeling from Russia’s invasion
Fertilizer prices surge in signal of worsening food inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/fertilizer-prices-surge-in-signal-of-worsening-food-inflation/articleshow/90163812.cms Synopsis The war also is pushing up the cost of natural gas, the main input for most nitrogen fertilizer, forcing some producers in
Wait times for chip deliveries grow again as shortages persist – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/wait-times-for-chip-deliveries-grow-again-as-shortages-persist/articleshow/90163943.cms Synopsis The scarcity of chips has held back production of everything from smartphones to pickup trucks, leading to billions in lost revenue and
New solar PLI scheme to cap bidding capacity at 10 Gw for past winners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-solar-pli-scheme-to-cap-bidding-capacity-at-10-gw-for-past-winners-122031001352_1.html The minimum Local Value Addition (LVA) or use of local content for participating manufacturers kept at 90% The new round of the production
Vedanta, Welspun among 29 bidders in fray for Mittal Corp – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/vedanta-welspun-among-29-bidders-in-fray-for-mittal-corp/articleshow/90138860.cms Synopsis In 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the
Corporate hospitals chart out plans for expansion via brownfield route | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-hospitals-chart-out-plans-for-expansion-via-brownfield-route-122030701598_1.html The focus on brownfield expansion and sprucing up existing hospitals is because this requires less investment Some corporate hospitals like Manipal Hospitals, however,
Paint stocks lose their colour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/paint-stocks-lose-their-colour/article65202772.ece Cost of titanium dioxide, a keyraw material, islikely to surge Shares of paint companies tanked as the steady rise in crude oil is
Hotels body pushes for infra status – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/hotels-body-pushes-for-infra-status/article65202798.ece According infra status will help the sector access funds at improved rates, says Association Hotel Association of India (HAI), the apex body of
Govt re-opens application window – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/govt-re-opens-application-window/article65202803.ece Prospective investors get another chance to apply between March 10 and Apr 25 The government has reopened the application window for the Production
Coal policy tweak to arrest price distortions evokes mixed reaction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coal-policy-tweak-to-arrest-price-distortions-evokes-mixed-reaction/article65202793.ece The Union Cabinet gave its nod to a proposal that allowed common e-auction window for coal companies to sell the commodity. RAO GN
Govt may extend incentives to solar PV ancillary units – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/govt-may-extend-incentives-to-solar-pv-ancillary-units/article65202797.ece MNRE mootsfast-tracking of award of capacities under PLI scheme In a bid to further increase the share of domestic manufacturing in solar photovoltaic
Rising input costs to weigh on steel companies’ profit margin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rising-input-costs-to-weigh-on-steel-companies-profit-margin/article65202789.ece Many steel companies have revived their capex cycle to improve their profitability Niteenrk | Photo Credit: Niteenrk Russia key coal, nickel producer; coking
Paint stocks crumble on crude oil price rally – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/paint-stocks-crumble-on-crude-oil-price-rally/article65201636.ece The key raw material cost of titanium dioxide is likely shoot up with the rising crude oil prices. Shares of paint companies led
Demand recovery crucial to fill up cracks in cement sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-recovery-crucial-to-fill-up-cracks-in-cement-sector-122021601192_1.html Dec qtr results were disappointing as costs escalated and volumes came under pressure The cement industry presents an intriguing picture. The Q3 (Oct-Dec 2021) saw