Page 504 - Industry News

Russia, China trade new copper disguised as scrap to skirt taxes, sanctions

Copper wire rod was shredded in China's remote Xinjiang Uyghur region by an intermediary to make it difficult to distinguish from scrap

DoT extends spectrum auction application deadline by 14 days to May 6

The last date for withdrawal of applications has been extended by 9 days to May 17, and the final list of bidders will be declared on May 20, as per the amendment

Decline in IT staffing slows flexi employment in third quarter: ISF

Staffing in other sectors increased by 3.8% Q-o-Q in Q3, driven by demand from e-commerce, retail, logistics, manufacturing, and hospitality

'India to decide policy once of Iran-Israel conflict impact understood'

India, the world's third largest oil importer and consumer, imports a significant chunk of its petroleum purchases from the Middle East

Travel portal ixigo finds lowest fare at Rs 150 for a 50-min flight

The analysis shows that all of these flights are operated under the regional air connectivity scheme that provides various incentives for the airline operators

As India ages, BJP manifesto vows PMJAY cover for all citizens above 70 yrs

Experts feel the idea is to cover the middle-tier of the population with healthcare coverage

Ahead of polls, BJP promises full throttle on road, rail expansion

Bullet train corridors, sleeper Vande Bharat, zero ticket wait time, expressways in manifesto

BJP manifesto promises 30 mn houses, empowerment of women and farmers

MSP to be hiked periodically, PM-KISAN disbursements to continue

Long pending reforms to boost shipping industry, promises BJP manifesto

The proposed reforms may include changes in the Merchant Shipping Act with a focus on decriminalising certain offences

Edelweiss AIF to deploy Rs 6.5k cr over 2 years; eyes road, energy assets

The fund has about Rs 13,000 crore, half of that about Rs 6,500 crore is still pending (aka still to be used). That will be utilised over two years

Fada commences dealer satisfaction study with finance, insurance firms

Fada will undertake the study at dealerships in association with Singapore-based PremonAsia

Govt asks imported coal-based plants to run full capacity till October 15

The ministry has projected peak power demand of 260 GW during the summer season (April to June) in view of longer heat wave duration

Flexi staffing industry grows 3.6% in December quarter of FY24: Report

The staffing industry grew at 16.4 per cent year-on-year in the period January-December 2023

India seeks global collaborations to explore use of methanol as ship fuel

The Indian delegation is here to participate in the Singapore Maritime Week, which is being attended by over 10,000 delegates from around the world

Govt rules out possibility of permitting sugar exports in 2023-24 season

The country's sugar production crossed 30 million tonne till March of the ongoing 2023-24 season

Steelmakers fall short of investment target due to delays linked to China

Steel companies have been facing difficulties in importing machinery from China and ensuring visa clearances for Chinese experts for more than six months

Country's consumer firms gear up to capitalise on a sizzling summer

Cooling systems providers are one of the main beneficiaries of summer, with the season contributing up to 60% of their annual revenue

Pvt equity investment in realty dips 16% in FY23-24 to $3.67 bn: Anarock

The PE inflow in real estate stood at $ 5,138 million in 2019-20, $ 6,377 million in 2020-21, $ 4,236 million in 2021-22 financial year

Tata Electronics ups hiring in Hosur iPhone hub; to add around 35,000 more

Taiwanese major, Foxconn, is the largest manufacturer of iPhones in India, contributing to around 67%

Apple sets record: iPhone exports under PLI double to $10 bn in a year

Exports expected to cross 80% of its production