Page 53 - Manufacturing

Vaccine delivery to fraud detection: Here are some blessings of blockchain

From vaccines to chit funds, blockchain technology is helping streamline delivery and root out slippages and fraud

Affordable housing to free foodgrains, Cabinet approves key announcements

The Cabinet also approved the Centre's increased contribution for both employees and employers share (to 12 per cent from 10 per cent) under the Employees' Provident Fund for another 3 months

Honda Siel Power Products will now be called Honda India Power Products

Power products manufacturer Honda Siel Power Products announced the change of its name to Honda India Power Products

The myth of India's import dependence

If bilateral tensions escalate, then there may be a scenario in which India and China cease to trade

Car makers rejig product portfolios as diesel, petrol prices near parity

Car manufacturers are rejigging their product portfolios as diesel and petrol prices near parity

Customs told to clear all Chinese shipments with entry bills till June 30

"The rationale for the June 30 midnight deadline is not very clear," said a government official.

Compensation for giving wrong year of manufacture

The company argued that since Forstees was selling pre-owned cars, it was not covered by the Consumer Act

FinMin told to levy tax on imported goods to boost local products: Pradhan

The proposed Border Adjustment Tax would be imposed on imported goods in addition to customs duty to bring the imported product at par with locally-made products.

Auto companies say disruptions in Chinese imports will hurt their recovery

Over a quarter of India's auto part imports - worth $4.2 billion - came from China in 2019, according to the data from Auto Component Manufacturers' Association of India (ACMA).

A push for labour-intensive manufacturing

Given the widespread loss of jobs and incomes, there is an immediate need to accelerate the pace of job creation

Self-reliance and supply chains

India needs to focus on manufacturing competitiveness, rather than building domestic supply chains in their entirety

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

Airbus CEO Faury sees production declining by 40% over the next two years

Airbus is assuming a 40% drop in production over the next two years due to the coronavirus crisis, Chief Executive Guillaume Faury was quoted as saying

US firms look for stable policy to make India hub: USISPF's Mukesh Aghi

While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.

Industry fears supply chain disruption amid curbs on Chinese imports

Global companies that manufacture here say the move will impact their supply chain and force them to halt production.

India's trust and credibility deficits

The country needs less event management and more considered anticipatory action

Power sector hopes for reforms at state level as Centre curbs imports

Given the federal structure in the power sector, most states float tenders different from the Centre and adopt separate selection criteria, mostly tilting towards low cost.

Economy in Modi 2.0: A year best forgotten as things turn bad to worse

Even before the lockdown, the economy was on the downhill despite the Centre announcing huge corporation tax cuts

Chinese shipments await Customs clearance amid border standoff with India

Getting shipments from China may only get tougher going forward, industry fears.

How to bring down the price of land

The first thing that comes to mind is that there is a need to amend the Land Acquisition Act, 2013, and other such laws