Manufacturing Financial News

Intel chip due in December will be able to run a generative artificial intelligence chatbot on a laptop rather than having to tap into cloud data centers for computing power, the company said on Tuesday. The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming «Meteor Lake» laptop chip and from new software tools the company is releasing.

₹2.5 crore. The company’s sports line will feature cricket shoes, accessories, clothing, and more. It will operate under LCDC Athletics Pvt Ltd, with both the cricketer and his father, Lokendra Singh Chahar, serving as co-founders.

Maruti Alto, Swift, WagonR and Hyundai i10, are less than 4 metres in length, and consequently are far cheaper, thanks to a lower tax rate. In its 18th year, the car is on an unprecedented high—the addition of a hybrid version late last year is likely to catapult it to all-time-high annual sales this year. In fact, that version enjoys a near two-year waiting period and the demand is such that Toyota has had to halt bookings for two variants.

New Delhi: German plumbing materials and sanitary fittings manufacturer Hansgrohe, known for its premium faucets and showers, is set to expand its presence in the Indian bathroom solutions market with the launch of new ceramics line. In an exclusive interview, the German brand’s India managing director, Gaurav Malhotra talked about the company’s plans to introduce 64 new ceramics designs to the Indian market by 2023-end, as a part of its strategy to provide a full range of bathroom solutions to Indian consumers. While faucets and showers constitute the bulk of its business, Hansgrohe sees opportunity to leverage its brand reputation for luxury fixtures catering to aspirational consumers.

New Delhi/ Mumbai: The Union government is weighing the introduction of a production-linked incentive (PLI) scheme for wearables, including hearing devices, to boost local production by both Indian and global companies. “We’re exploring whether there’s a need for it. It’s the fastest-growing category (for consumer goods).

Indian Sellers Collective has raised concerns over a recent WHO Report, which suggested the implementation of a taxation system based on nutritional content. The WHO report titled 'The growth of ultra-processed foods in India: An analysis of trends' suggests increasing tax on non-packaged and unlabelled foods, which are currently taxed at 5 per cent under the Goods and Services Tax (GST) regime.

NEW DELHI : The government is ready to offer a payment security mechanism to vehicle manufacturers who bid for its tenders for electric buses, after the failure of the previous bidding round, according to several people in the government and industry. Under the mechanism, manufacturers who participate in an ‘own and operate’ bid will be assured of payments by the state transport units for their service. If transporters fail to make timely payments, bus makers will be able to receive funds from a corpus set up by the government.

(Reuters) — Tesla (NASDAQ:TSLA)'s plan to expand its global manufacturing footprint has sparked a race among some countries to woo CEO Elon Musk and secure billions in investment dollars.

Huawei can produce smartphones with advanced chips in large volume. Huawei recently started selling a phone called the Mate 60 Pro containing a chip that analysts believe was made with a technology breakthrough by SMIC.

new Parliament building, which had its maiden sittings of the Lok Sabha and the Rajya Sabha on Tuesday, narrates the stories of India's democratic traditions from the Vedic period to the present day. The growth of democracy in the country is depicted through a series of exhibits in the Constitution Hall of the new building, which itself is inspired by the Sri Yantra, used for worship in the Hindu traditions and considered a source of pure energy. «Commencing a new chapter in India's vibrant democracy, the new Parliament building stands as a beacon of hope and progress. It symbolises our nation's aspirations and the boundless possibilities of our future,» Prime Minister Narendra Modi said.

These jackets, which come in both traditional and modern styles, are quite affordable and will keep you warm and stylish without breaking the bank. Don't compromise on style or warmth—find your ideal winter coat that promises both value and comfort in the cold season. Explore these black winter coats for women under 999, where style meets affordability.

Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday urged the government to formulate a unified policy of road tax exemption for Electric Vehicles (EVs) across the country. In a letter to the Union Road Transport and Highways Minister Nitin Gadkari, SMEV said a consistent and favourable policy environment is essential to accelerate the shift towards electric mobility in India. «I am writing to request your esteemed office to weigh in on a unified policy of road tax exemption for EVs that will play a pivotal role in encouraging the adoption of clean and sustainable transportation options, which is vital for our nation's environmental and economic future,» SMEV Chief Evangelist Sanjay Kaul wrote. In July, SMEV had named Kaul as its Chief Evangelist to help revise the association's agenda.

The jute industry is concerned over a threat of a 30-50 per cent production cut in three months till November, compared to the same period last year, because of a low demand for packaging material for foodgrains from various states, a senior official said on Tuesday.

Investing.com — U.S. futures traded marginally higher Tuesday, as investors await the start of the crucial two-day Federal Reserve meeting, which could set the tone for weeks to come.

sub-standard goods and boost domestic manufacturing of these goods.

drones and textiles sectors to encourage investment and boost manufacturing, an official said. These sectors have been identified after inter-ministerial consultations on the performance of the scheme for various products. The official also said that disbursement of production-linked incentives (PLI) for white goods (AC and LED lights) would start this month and that would push the amount of disbursement, which was only Rs 2,900 crore till March 2023. The scheme was announced in 2021 for 14 sectors such as telecommunications, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell battery, drones and pharma with an outlay of Rs 1.97 lakh crore. «We have identified the sectors.

₹2.5 crore and will retail products like shoes for cricket, clothing and accessories, etc. The company will be incorporated under the entity LCDC Athletics Private Limited and will have the cricketer and his father Lokendra Singh Chahar as co-founders. The cricketer told Mint that for now the company is not looking for any external investment and could potentially see a breakeven in its athletic shoes business by year two.

steel dinner sets offer various advantages. They are easy to maintain, do not release harmful chemicals, and preserve your food's ideal temperature. We’ve listed the top brands that have mastered crafting steel dinnerware.

Former President Donald Trump will travel to the battleground state of Michigan next week to meet with striking autoworkers instead of participating in the second Republican presidential debate

The same Ohio river valley where the Wright brothers pioneered human flight will soon manufacture cutting-edge electric vertical takeoff and landing aircraft

A top product executive at Microsoft who launched its Surface line of devices and Windows 11 is leaving the company