Page 388 - Industry News

India climbs one position to 39th rank in Global Innovation Index 2024

"India rises to 39th position among 133 global economies in the Global Innovation Index 2024," Commerce and Industry Piyush Goyal said in a post on social media platform X

Average women representation in India Inc hasn't changed in 2 years: Study

Interestingly, at the entry level, women's representation was close to 40 per cent. It was relatively lower in managerial roles at 28.4 per cent

Gross refining margins to bottom out soon before recovery, say analysts

Centre may not push OMCs to cut retail prices before elections, says Motlal Oswal

Housing sales dip 11% in third quarter of CY24 in top 7 cities: Report

Market stabilising and 'demand-supply equation robust', says property consulting company ANAROCK

Bangalore International Airport to raise up to Rs 5,000 crore via NCDs

To deploy funds for refinance, capex preparation

CPD exports to contract by 18-19%; sector outlook remains negative: Report

The US demand contracted due to inflationary pressures and in China on account of changing consumer preferences away from diamonds

India to add 50 new pharma greenfield plants under PLI scheme: Pharma Secy

He stated that the Indian meditech industry also exported more than the country imported in the surgical and consumable space

Millennials fuel surge in credit card defaults as e-commerce drives debt

The growth of digital payments, internet services, and e-commerce has boosted the credit card industry, but EMIs for large purchases often lead young users to default

DPIIT proposes to appoint agencies for ascertaining cost of regulation

The department is undertaking an exercise to assess the cost of regulations in states with a view to further improving the ease of doing business

CDSCO flags over 50 drugs of various companies as 'not of standard quality'

According to an official source, a list of "not of standard quality" drugs is released every month

Office space absorption increases 31% in September quarter: Colliers

Bengaluru, Hyderabad led the pack, driving over half of the quarterly space uptake in Q3 2024

High natural rubber prices to impact profitability of tyre makers: CRISIL

The domestic prices of natural rubber closed in August at Rs 238 per kg on average, way above the trend in the past decade, it added

India doing well in infra; needs to do more to boost manufacturing: Rajan

The Modi government's flagship initiative 'Make in India' was launched 10 years ago on September 25, 2014

Coal India arm BCCL books 2.40 million tonnes coking coal for steel sector

BCCL CMD Samiran Dutta said efforts to make the auction process more inclusive and transparent have paid off significantly

Gross office space leasing up 31% in Jul-Sept across top 6 cities: Colliers

Bengaluru and Hyderabad accounted for over half of the leasing activity during this period

Urban India likely to spend Rs 1.85 trillion during festive sales: Survey

70% of urban Indian household surveyed likely to use stores and market for shopping

PLI scheme: 50 units to be set up for pharma, medical device manufacturing

The PLI schemes in the pharma and meditech sectors have been a roaring success

Ficci furniture mission explores collaboration with Singapore businesses

In 2023, Ficci signed a Memorandum of Understanding (MoU) with SFIC to enhance bilateral trade in the furniture and lifestyle sectors

Palm oil loses position as world's cheapest edible oil as output shrinks

Key users such as cookie makers, restaurants and hotels in India are unlikely to look for substitutes immediately, even as some household consumption of palm oil may shift to its rivals

Housing sales down 11% in Jul-Sept, avg prices up 23% in 7 cities: Anarock

Anarock Chairman Anuj Puri said, All the top cities individually recorded a dip in housing sales