Page 511 - Industry News

Domestic coal import rises 13% in Feb to 21.64 MT ahead of summer

Of the total import in February, non-coking coal import increased to 13.77 MT compared to 11.68 MT imported in the year-ago period

Fundraise by InvITs, REITs surges multi-fold to Rs 17,116 cr in FY24

Going ahead, the outlook for infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) in terms of fundraising for the current fiscal FY25 is very optimistic, experts said

Congress' manifesto takes up competition issues in retail, media, ports

The party said it aims to create a level playing field for all businesses

Businesses of saving planet, sustainability can prosper: Uday Kotak

Wish for India to see it in the third place in the next five years as an absolute GDP

Average daily international traffic dropped by 4.81% to 196,050 in March

In March, each Indian carrier's load factor (occupancy) experienced a M-o-M decline

Tesla scraps low-cost car plans amid Chinese EV competition; Musk denies

The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said

Monthly natural gas trades down 80% in March: Indian Gas Exchange

Increasing global gas prices, and an extended winter in March led to the sudden fall

Indian commercial realty expands footprint, continues to defy global odds

Attracting investments from private equity firms even as the Western markets are witnessing a slowdown

Average salary hike in India likely to be 8-11% this year: Randstad India

The junior professionals are likely to outshine senior professionals in terms of salary hike percentage

Steady Ebitda, mixed margins expected for capital goods firms in Q4

Many engineering and capital goods companies are currently executing multi-year high order books

DoT secy launches experimental module for 5G labs, grants 1,500 permits

The licences are being issued on 'self-declaration mode' from the Saralsanchar portal of DoT through National Single Window System (NSWS), the statement said

PNB reports 11.5% loan growth in quarter ending March, BoB's up by 12.4%

Another public sector lender Bank of India reported a credit growth of 13.56 per cent at Rs 5.86 lakh crore for the March quarter

Plastic exports grow 14.3% to $997 mn in February: Plexconcil report

There was significant export growth in February 2024 across the majority of the product panels like plastic raw materials, plastic films and sheets, woven sacks, and floor coverings, among others

Majority of feature phone users want to shift to Rs 6k-8k smartphones: CMR

Poor camera quality, lack of advanced apps, and limited internet access are the key reasons triggering the need to shift feature phone users to smartphones, according the report by CyberMedia Research

Indian women migrant workers to MENA region to reach 6 million: Report

The report by Huntr is based on a mixed-method combining quantitative surveys with qualitative interviews analysing a sample size of 1,00,000 blue-collar workers enrolled on the platform

'Exports to Europe, Latin America register healthy growth in 2023'

"The growth points towards India's trade resilience and growth despite prevailing uncertainties and deceleration of the economies in Europe," said official

Dry spell, sporadic rainfall take a toll on tea production in March

Problem acute for prized Darjeeling tea, which is crucial for tea companies' revenue

Ayurveda products market in India to reach Rs 1.2 trillion by FY28: Report

This exponential growth trajectory indicates the immense potential of the Ayurveda product market in India to become a significant contributor to the country's economy, NirogStreet said in a statement

Air India pilots join Vistara crew in voicing concerns over fatigue, pay

The pilots said they're made to rack up maximum flying hours, face difficulties in having leave approved and deal with unstable rosters, according to the letter dated April 4

Lapataganj of dropped govt and private sector projects hits a high

The previous high of projects for which there is no information was in March 2019, an election year