Page 621 - Industry News

Factory growth ends 2023 at 18-month low on weaker new orders, output

'Growth of both output and new orders softened, but on the other hand, the future output index rose since November'

32 more shops, commercial establishments in Delhi can now remain open 24/7

The labour department of Delhi proposed this plan to the CM regarding the operation of these establishments for 24 hours

Coal production in the country increases by 10.75% in 2023: Govt

In a public statement, the Ministry of Coal said the production of Coal India Limited (CIL) has risen to 71.86 million tonnes (mt) in December 2023, as compared to 66.37 mt in December 2022

India launches a single-window portal for medical devices management

The Drugs Controller General of India said that the National Single Window System (NSWS) has been established as a 'genuine single-window system which acts as a one-stop shop for all approvals'

Home health care industry sees demand rising in India's smaller cities

Industry provides at-home care and assists patients needing rehabilitation after hospitalisation

Hyderabad, Bengaluru among most punctual airports globally: Cirium

The Hyderabad airport, securing the second spot on the list, is operated by a consortium led by the GMR Group

Rajasthan CM to resolve problems of industry and boost job creation

The government also assured them that their problems would be resolved as soon as possible to make Rajasthan a developed state

Hyderabad airport among global airports with highest on-time performance

In 2023 On-Time Performance (OTP) Review prepared by aviation analytics firm Cirium, there are a total of three Indian airports -- Hyderabad, Bengaluru and Kolkata -- and one Indian carrier -- Indigo

Sugar production falls again, dips 7.7% to 11.2 mn tonnes in Oct-Dec: NFCSF

NFCSF has projected the country's total sugar output to be at 305 lakh tonnes in the 2023-24 season, lower than 330.90 lakh tonnes achieved in the 2022-23 season

Coal output rises nearly 11% in Dec to 92.87 million tonnes: Govt

"The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights," the statement from the coal ministry said

Liquor bottle sales in Delhi rise 18% on year to 2.4 mn on New Year's Eve

According to official Excise department data, 3,99,60,509 (3.99 crore) liquor bottles were sold in December 2022 through a network of 520 shops

Power consumption dips marginally by 2.3% to 119.07 bn units in Dec: Govt

Earlier in April 2023, power consumption had dipped nearly 1.5 per cent to 130.08 BU compared to 132.02 BU in the year-ago period

Higher domestic demand, exports to put pharma SMEs in pink of health

This augurs well for small and medium enterprises (SMEs), which have a 35-40 per cent share in industry revenue

CCI study on mining sector flags iron ore varied pricing, export issues

To ensure fair markets, the competition watchdog initiated a focused study on the mining sector, specifically iron ore in India, and its interconnected industries like steel

TCS get notice from Maharashtra labour dept for employee transfer practices

Group representing Indian IT workers alleges company harassing employees who oppose 'forced transfers'

UltraTech Cement Q3 sales up 6% to 27.3 MT, overseas production up 20%

The total sales volume in the domestic market was up 5 per cent to 26.06 MT during the quarter under review, the Aditya Birla Group firm said in a regulatory filing

Indian real estate in 2023 saw highest investment inflows since 2020

The leading sources of foreign capital in Indian real estate were Canada and Singapore accounting for 78% of the total inflows

Consumers moved away from diesel vehicles in 2023; EV, hybrid sales rise

SUVs, on the other hand, are likely to grow up to 54-55 per cent from a current level of 48.7 per cent. It has already grown from 42 per cent in 2022 to nearly 49 per cent in 2023

Mineral output rises 13.1% in Oct, 9.4% growth in Apr-Oct period: Govt

The index of mineral production of the mining and quarrying sector for October was 127.4, 13.1 per cent higher than October 2022, as per the provisional figures of Indian Bureau of Mines (IBM)

Differential pricing of iron ore likely to create competition concerns: CCI

As per the study, the differential pricing of iron ore for different end users is likely to create competition concerns