Machine
Machinery bought for income growth is recognised consumer purchase
NCDRC confirms ruling directing Shivajirao More to refund ₹9.5 lakh with interest to a Maharashtra entrepreneur in grey-board unit case
 "Machinery bought for income growth is recognised consumer purchase")
Machine tools to generate $3.8 bn revenue by 2030: Karnataka minister Patil
Karnataka's Large and Medium Industries Minister M B Patil on Thursday said that the Indian machine tool industry is projected to generate revenue of USD 3.8 billion by 2030, driven largely by the dominance of the metal-cutting segment. Speaking at the inaugural event of IMTEX 2025, organised by the Indian Machine Tool Manufacturers' Association (IMTMA), he noted that India ranks 9th globally in machine tool production and 7th in consumption. Highlighting that the sector generated over USD 2.2 billion in revenue in 2022, the minister emphasised Karnataka's crucial role in the industry, accounting for 52 per cent of India's total machine tool production and ranking as the third-largest contributor to heavy engineering in the country. He also drew attention to Tumakuru's Integrated Machine Tool Park (TMTP), a state-of-the-art 530-acre facility that has emerged as a hub for domestic and international investments in the sector. "Karnataka is home to leading players such as ABB, Siemens
 "Machine tools to generate $3.8 bn revenue by 2030: Karnataka minister Patil")
Industrial robot in South Korea confuses man with boxes, kills him
The Police are now preparing to launch an investigation into the site's safety managers for possible negligence in duties
 "Industrial robot in South Korea confuses man with boxes, kills him")
Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices
The company reported adjusted profit of $4.91 per share, beating Refinitiv analysts consensus of $3.78 per share
 "Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices")
CBIC offers clarity on classification of cranes for GST, customs duty
Experts say this would reduce litigation in courts, as different classes of cranes attract different tax rates
 "CBIC offers clarity on classification of cranes for GST, customs duty")
HMT Machine Tools Ajmer develops local machine for railway axle grinding
HMT Machine Tools Ajmer has developed a highly-productive grinding machine for railway axles which would cost less than half of similar imported equipment, the company said
 "HMT Machine Tools Ajmer develops local machine for railway axle grinding")
One day, a machine will smell whether you're sick
Modern medical research confirms smell of skin, breath, bodily fluids can be suggestive of illness
 "One day, a machine will smell whether you're sick")
