Manufacturing Financial News

Subscribe to enjoy similar stories.As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. But the central economic problem between the world’s two big economies is being misdiagnosed.The US–China imbalance is not fundamentally a trade policy problem. It is a structural macroeconomic imbalance rooted in savings, investment, fiscal choices and the architecture of the international monetary system.

Subscribe to enjoy similar stories.Although retail prices stayed largely cool, inflation at the wholesale level ran hot last month in a sign that supply shortages caused by the war in West Asia have started to feed price pressures. The wholesale inflation rate for April more than doubled to 8.3% from a year earlier, compared to 3.9% in March, according to government data issued on Thursday. April’s reading was the highest in three-and-a-half years.

Subscribe to enjoy similar stories.Honda Motor managed to stay profitable through a global financial meltdown, natural disasters, a safety crisis and the pandemic. Then came America’s electric-vehicle whiplash.The Japanese company, the fifth-largest automaker in the U.S. by sales, is confronting some of the steepest challenges it has faced in its nearly seven decades as a public company.

Subscribe to enjoy similar stories.Mumbai/New Delhi: Air India posted an estimated loss of nearly $3 billion in FY26, as foreign exchange losses, airspace disruptions and elevated fuel costs battered the Tata Group-owned airline during the year.The losses were large enough to significantly erode the dividend income parent Tata Sons earned from its cash cow Tata Consultancy Services (TCS) in the previous fiscal year.According to the full-year earnings released by Singapore Airlines (SIA) on Thursday, the carrier’s share of losses from Air India were at Singapore $945.2 million (US$742.4 million) in FY26, reflecting its 25.1% stake in the Tata Group-owned airline.With currency conversions factoring in Thursday's exchange rates, as per this shareholding, Air India Group’s total loss for the year is estimated at S$3.76 billion ($2.97 billion), or roughly ₹28,400 crore, at current exchange rates.To be sure, Tata Sons and employees own 74.9% of Air India, and hence its share of the losses would be about ₹21,270 crore, while the remaining 25.1% is being recognized by SIA.Tata Sons received about ₹28,292 crore in dividend income from TCS in FY26, down 12.1% from ₹32,184 crore in FY25, according to a Mint report published on 12 April.Tata Sons is expected to share its financial performance in July, while privately-held Air India will file its earnings with the ministry of corporate affairs in August.The estimated loss, which includes both full-service carrier Air India and low-cost subsidiary Air India Express, is almost three times the ₹10,859 crore loss reported in FY25, largely due to foreign exchange losses—as aircraft leases, fuel and maintenance expenses are denominated in US dollars—along with the financial impact of the

Subscribe to enjoy similar stories.India’s electric vehicle (EV) sector has strong long-term potential, especially if crude oil prices remain elevated. Since India imports most of its crude oil, higher fuel prices translate to increased petrol and diesel costs, making EVs more economical for retail customers and commercial fleet operators.EV adoption is already accelerating in two-wheelers, three-wheelers, buses, and urban delivery fleets due to their lower running and maintenance costs.

Subscribe to enjoy similar stories.The global defence landscape has shifted dramatically in 2026 as escalating geopolitical tensions in the Middle East compel nations across Asia and Europe to rapidly bolster their military preparedness and capabilities.Missile strikes, border conflicts, drone warfare, and rising security concerns have pushed governments to accelerate defence spending like never before. As a result, defence manufacturing companies have taken centerstage.India’s defence sector has therefore emerged as one of the best-performing themes of 2026 so far.

Subscribe to enjoy similar stories.New Delhi: The government's push for flex-fuel vehicle rollout is facing a classic chicken-and-egg stalemate.Automakers aren't ready to commit to producing vehicles that run on high ethanol blends until the fuel is widely available. Oil marketing companies, on the other hand, are unwilling to invest in storing and supplying blends such as E85 and E100 until there are enough such vehicles on the road, according to three people aware of the development.The government is in talks with automakers and oil marketing companies to resolve the deadlock, the people cited above said, requesting anonymity.Unlike standard vehicles, flex-fuel vehicles can run on petrol or any petrol-ethanol blend.

Subscribe to enjoy similar stories.Investors in Indian markets react instantly to quarterly earnings, oil prices, elections or monetary policy signals. A weak monsoon can move food stocks. A geopolitical crisis can rattle the rupee within hours.

Subscribe to enjoy similar stories.Mumbai: Beneath the gloom gripping Indian equities, a quiet rally is reshaping parts of the market. Even as foreign investors pull money out, crude prices climb and benchmark indices struggle for direction, a narrow band of companies tied to infrastructure, industrials and commodities is emerging as a standout winner.A Mint analysis of 1,431 BSE-listed stocks with a market capitalization of more than ₹1,000 crore shows that while nearly 47% of companies remain in the red so far in 2026, 64 stocks—or nearly 5% of the universe—have posted outsized gains of more than 50%.Additionally, around 150 stocks gained between 25% and 50%, 245 rose by 10% to 25%, and another 294 recorded modest gains of up to 10%.Notably, one-third of these high-performers are concentrated within the capital goods, industrials, and commodity-linked sectors, prompting a closer look at their drivers.According to Gurmeet Singh Chawla, managing director at Master Portfolio Services, this sharp outperformance in a narrow set of stocks reflects a market that is rewarding earnings clarity over everything else.“Capital goods, industrials, and commodity-linked sectors have been the clearest winners due to the government’s sustained infrastructure push, a revival in private capex, and order inflows that give companies genuine multi-year revenue visibility,” he said.

Subscribe to enjoy similar stories.BEIJING—When President Trump returns to China nearly a decade after his last visit, he will find a country that is more self-sufficient, militarily assertive and economically insulated from the tools the president has used to stymie it and its ambitions.China has caught up to or surpassed the U.S. in technologies such as batteries, robotics and advanced manufacturing.

Subscribe to enjoy similar stories.New Delhi: Noida-headquartered Dixon Technologies, India’s largest publicly listed electronics manufacturer, expects revenue growth of 15-17% in FY27, with management expecting growth to accelerate to as much as 45% if its long-pending joint venture with Vivo gets government approval.In an interview with Mint following the company’s FY26 earnings on Tuesday, Saurabh Gupta, director and group chief financial officer of Dixon Technologies, said the company is in “advanced-stage talks” with the government regarding the Vivo joint venture and remains confident that approval is only “a matter of time away”.The proposed joint venture with Vivo, in which Dixon holds a 51% stake, was first disclosed in December 2024. However, with Vivo owning the remaining 49%, the venture has been under the Centre’s scrutiny for more than 18 months under the government’s Press Note 3 restrictions.

Subscribe to enjoy similar stories.New Delhi: Syrma SGS Technology Ltd. expects revenue to grow 30% in the ongoing fiscal, driven by strong demand in automotive and healthcare electronics, even as weakness in consumer electronics and geopolitical uncertainty weigh on the wider electronics manufacturing sector,“We’re expecting our automotive and med-tech verticals to do very well this fiscal, just like what we saw last fiscal,” Managing Director Jasbir Singh Gujral told Mint in an interview on Tuesday.

Subscribe to enjoy similar stories.New Delhi: Exploding sales of low-speed electric scooters—powered heavily by cheap Chinese imports—are giving a headache to India’s established electric vehicle (EV) makers, who warn that the poor-quality products risk hurting consumer confidence in electric two-wheelers just as the sector is gaining scale.Low-speed scooters—with speeds capped at 25 kmph—do not need to be registered on the Vahan portal, and so their growth has gone under the radar. But industry estimates point to sales numbers matching that of established players such as TVS Motor Co., Bajaj Auto, Ola Electric Mobility, and Ather Energy, among others.According to two-wheeler consultancy InsightEV, sales of low-speed electric scooters shot up more than 200% in 2025 to an estimated 1.3 million units.

Subscribe to enjoy similar stories.In April, the Chinese government issued a notification—Decree 834, which imposed restrictions on multinational companies operating in the country. Mint examines what this decree is all about, its motivation, its implications for India, and what the Indian government should do to counter it.Decree 834 is China’s first comprehensive regulation on industrial and supply chain security. While not entirely new, it creates a unified national security-driven regulatory framework for supply chain oversight.

Subscribe to enjoy similar stories.The Britannia Industries stock is down about 7% in the past two days after its March quarter (Q4FY26) volume growth came in at a subdued 5.5%. The biscuit maker’s total consolidated operating revenue growth stood at 6.5% year-on-year to ₹4,719 crore. Growth moderated in March compared with January-February, mainly due to supply disruptions in international business following the West Asia war.

Subscribe to enjoy similar stories.In a world beset by uncertainty, a 14% plus year-on-year growth in bank credit during December 2025 to February 2026 is reason for cheer. To be sure, part of this reflects a normalization of the credit cycle which saw brief disruption in mid-2025 triggered by US President Donald Trump’s tariff announcements.

Subscribe to enjoy similar stories.The Centre has approved a ₹5,659 crore Cotton Productivity Mission (Kapas Kanti) over five years to revive India’s cotton economy at a time when output has stagnated, imports are rising and textile exporters face intensifying global competition.The mission marks one of the most ambitious interventions in India’s cotton-textile value chain in recent years, linking farm productivity to manufacturing competitiveness and export growth.Mint explains how the scheme seeks to lift yields, improve fibre quality and strengthen India’s textile export competitiveness.The programme seeks to address multiple structural weaknesses at once—low farm productivity, inconsistent fibre quality, volatile raw material supply and rising import dependence.Unlike earlier schemes focused largely on cultivation, this mission adopts a value-chain approach, connecting farm-level reforms with textile manufacturing, exports and global sourcing competitiveness.Improving the availability of domestic raw cotton is critical. Textile manufacturers have increasingly struggled with supply shortages and quality inconsistencies.

Subscribe to enjoy similar stories.Rail engineering firm Jupiter Wagons Ltd is preparing a major global expansion through exports of battery energy storage systems (BESS), wheelsets and freight wagons, while also entering passenger coach and metro train manufacturing through a partnership with a global rail company.The company expects exports and new mobility businesses to become key growth drivers over the next three years as it diversifies beyond its core wagon manufacturing operations, looking to double its revenues by 2028-29.“Exports could contribute 20-25% of revenue over the next few years as we scale up our battery systems, wheelsets and wagon businesses internationally,” managing director Vivek Lohia told Mint in an interview, adding that the company’s proposed entry into rail coach manufacturing later in 2026 would also provide opportunities for tapping the market for exports.The company’s current exports contribute less than 5% of its annual revenue.Jupiter Wagons, which accounts for over 40% of India’s wagon manufacturing capacity, is already exporting BESS to the US and African markets and plans to scale overseas shipments significantly after securing international certifications later this fiscal year.“We are pursuing international certifications for BESS to comply with stringent US and EU standards that will help scale exports of this product,” Lohia said.The company’s containerized BESS based on lithium-iron-phosphate technology are being deployed for renewable energy storage, industrial backup, EV charging and data centre applications.“We are seeing strong demand not only from engineering, procurement, and construction applications but also from commercial and industrial users,” Lohia said.The company

Subscribe to enjoy similar stories.From India and Vietnam upgrading their bilateral ties and setting a $25 billion trade target by 2030, to four states declaring assembly election verdicts amid a mixed economic backdrop, direct tax collections falling short of revised estimates in FY26, manufacturing and services activity rebounding in April, and India’s domestic LPG consumption taking a hit due to West Asia war—here is a compilation of this week’s news in numbers.India and Vietnam have set a target of raising bilateral trade to $25 billion by 2030, following talks between Prime Minister Narendra Modi and Vietnam President To Lam in New Delhi this week. The two countries also upgraded ties to an “Enhanced Comprehensive Strategic Partnership”, signalling deeper cooperation in trade, defence and technology.Trade has steadily expanded over the past decade, crossing $18 billion in FY26.

Subscribe to enjoy similar stories.Tamil Nadu and Kerala are among India’s most socially advanced states, with new governments ready to take charge. They are faced with a more complex challenge than many parts of the world that are still grappling with basic developmental deficits.How do they maintain prosperity, create more economic resilience and generate the next wave of opportunity?The numbers tell a powerful story.

Subscribe to enjoy similar stories.India's maritime sector doesn't always make headlines, but it quietly powers the entire economy, moving over 90% of the country's trade by volume.Stretch that 7,500-km coastline across a map, add 12 major ports and 200+ smaller ones, and you start to appreciate just how much of India's growth story begins and ends at sea.The Maritime India Vision 2030 outlines over 150 initiatives with projected investments of ₹3–3.5 trillion, supported by a recent ₹69,725 crore package for shipbuilding, according to a PIB report.In FY24–25, major ports handled around 855 million (m) tonnes of cargo, reflecting strong growth in maritime trade and improved port efficiency.What’s interesting is the momentum building beneath the surface.Around 51 large ships are currently under construction in India, with a total value of nearly ₹90,000 crore, according to PIB report dated 3 December 2025.Since 2014, Indian shipyards have delivered more than 40 warships and submarines, and in the past year alone, a new vessel has been added roughly every 40 days. All of this is turning the maritime space into a buzzing investment theme.Here are five stocks from across the maritime space that are worth keeping on your radar.Established in 1907, Tata Steel is Asia’s first integrated private steel company and also played a key role in developing India’s first industrial city, Jamshedpur.