Page 675 - Industry News

Govt looking into dumping issue of certain steel products: Steel Secy

According to SteelMint India, the country's steel imports were higher at 0.46 Million Tonnes (MT) in October, compared to 0.24 MT exports

Fertilisers & diamonds may be hit slightly due of Mideast crisis: Crisil

The agency said it is closely monitoring the developments and will assess the impact on credit quality

National Coal Index increases to 143.91 points in September: Coal Ministry

The index is meant to encompass all transactions of raw coal in the Indian market

TPDDL, IIT-Roorkee sign MoU for development of energy saving solutions

he collaboration with IIT Roorkee signifies a harmonious blend of our experience and their academic brilliance, Srinivasan said

Fintech can emerge as substitute for traditional banking, says RBI's CAFRAL

CAFRAL, a not-for-profit organisation, was set up in 2011 as an independent body by the RBI to promote research and learning in banking and finance

Realtors gear up for firecracker Diwali, offers slew of attractive schemes

Flexi payment plans, iPads, and Amazon vouchers on offer for festival buyers

New investment demand likely to taper in second half of FY24: ICRA

The report also notes that as many as 628 projects with an anticipated completion cost of Rs 7.7 trillion are scheduled to be completed in H2 FY24

Over 80% biz making partially automated payments to suppliers: Survey

As per the survey, 34 per cent of businesses that haven't fully automated their payments are seeking partners for the purpose

Green buildings can reduce emissions by 35%, maintenance costs by 20%

KPMG in India and Colliers' 'Sustainable real estate: An opportunity to leverage' report finds developers moving towards sustainable real estate despite costs increasing by 5-15%

FMCG industry logs 8.6% volume growth in Q2 on easing inflation: NielsenIQ

When inflation was at a record high, the FMCG industry had a high price-led growth in the last 5-6 quarters, though the volume was under stress

PLI disbursement for white goods expected to start from Q4: DPIIT Secretary

The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components

India's steel capacity crosses 161 MT mark, sector poised for growth: Govt

Steel Secretary Nagendra Nath Sinha on Tuesday revealed the data while addressing the 4th Indian Steel Association (ISA) Steel Conclave' event in New Delhi.

BS BFSI Summit 2023: Professionally run mfg cos to drive PE growth in India

PE investment to flow to financial, healthcare, and consumer sectors

Festive season: Residential real estate sector witnesses robust demand

The festive season provides the one last thrust to residential real estate activity in India, according to Colliers India

Go First lenders to not release more funding to grounded airline: Report

"Now the situation is quite different and the future is bleak," said a banker with a state-run bank that has exposure to Go First

12 Gw thermal power by next year to meet high demand, says R K Singh

Singh said most states agreed to enhance generation capacity - both conventional (coal) and renewable

Renew Power plans to invest Rs 44,000 cr by FY26: CEO Sumant Sinha

When asked about the impact of hardening yields, he said the company is preferring to borrow domestically, where the bank is flush with liquidity and is avoiding any overseas borrowing

MSMEs getting major business from public procurement portal GeM: Singh

Total procurement of goods and services from the platform has crossed Rs 2 trillion so far this fiscal.

India seeks to provide MSMEs access to govt buying of different countries

Several countries give preference to micro, small and medium enterprises (MSMEs) in their public procurement

Power plants to run at full capacity as electricity demand rises: Singh

He met with his counterparts in states and union territories and shared his views on steps being taken to address the growing power demand in the country