Manufacturing Financial News

10.08 / 05:03

COST Target Progressive Manufacturing Fighting show A yearlong slowdown in US inflation may have stalled in July

United States likely rose in July for the first time in 12 months, driven higher by more expensive gasoline and suggesting that the fight against rising prices may prove bumpier in the months ahead. The inflation report the government will issue Thursday is expected to show that consumer prices increased 3.3% from 12 months earlier. That would mark an uptick from a 3% year-over-year increase in June — the lowest such figure in more than two years.

10.08 / 04:37

COST UPS Provident Manufacturing NIFTY Which are the most overvalued and undervalued pockets in the market? Shibani Sircar Kurian explains

Shibani Sircar Kurian, Senior EVP, Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says “on a relative basis, we are not as expensive as one would have imagined simply because the entire emerging market pack has also gone up. That provides some degree of downside support to the market, even though near term, because of absolute valuations, we could see some volatility.

10.08 / 04:35

COST Lowe's Aware Manufacturing show Can China escape deflation?

FOR THE past two years, policymakers in most of the world’s biggest economies have faced an excruciating stagflationary dilemma. They have wrestled simultaneously with high inflation, which demands steep interest rates, and fears of a recession, which would normally call for policy easing. The exception is China.

10.08 / 04:03

Target SEC Manufacturing country exclusive prevention Indian Indian Army secures patent for AI-driven accident prevention system, ‘alerts drivers from falling asleep’

Also read: The Other A.I.: Artificial Intimacy With Your Chatbot Friend Kuldeep Yadav has been credited as the inventor of this AI-driven accident prevention system. The patent application was officially filed on February 2, 2021, and the patent certificate, as shared by the Indian Army, indicates that it will remain valid for a duration of 20 years. The patent was officially granted on July 11.

10.08 / 04:03

UPS FIVE Manufacturing NIFTY SENSEX Hero Q1 results today: LIC, Hero MotoCorp to SAIL — 200 companies to declare Q1 results 2023

Q1 results today: After trend reversal at Indian stock market, experts have started to expect key benchmark indices to climb to a new peak. In fact, some experts are expecting 70,000 levels for Sensex by end of 2023 whereas some are predicting Nifty to climb up to 21,000 in next five months.

10.08 / 04:01

UPS Booking Manufacturing NIFTY Fitch performer electronic etmarkets ETMarkets Smart Talk-Shiv Sehgal of Nuvama explains why he calls India’s investment thesis as 5D advantage

“We call India’s investment thesis a 5D advantage: De-globalisation, Deregulation, Debt, Demography and Democracy,” says Shiv Sehgal, President & Head, Nuvama Capital Markets. In an interview with ETMarkets, Sehgal said: “The reforms undertaken by India in the last ten years were necessary, tough and painful, and are tantamount to a second unshackling of India after the 1990s’ liberalisation” Edited excerpts:US downgraded triggered some nervousness in equity markets across the globe. Back in India investors got a reason to sell or book profits. Do you foresee any long-term impact on other asset classes? Fitch’s downgrade move follows a similar cut by S&P about 12 years ago.

10.08 / 03:09

FIVE Manufacturing Fallout DISH country restrictions View: India’s PC import restrictions smell like desperation

The government’s Aug. 3 announcement means businesses will need an import license to bring items like laptops into the country — a sign that earlier incentives designed to increase domestic production had failed to gain traction. Specifically, a 169 billion rupee ($2 billion) plan to hand cash back to makers of computer equipment doesn’t seem to be garnering the levels of interest received for an earlier policy aimed at smartphone makers.

09.08 / 23:25

Provident FIVE Manufacturing CEO Tesla exits elon Tesla CFO Zachary Kirkhorn exits Elon Musk-led company after 4 years with $590 million fortune

Who’s Vaibhav Taneja Tesla’s New Indian-Origin CFO? Kirkhorn joined Tesla in 2010 as a senior financial analyst and was promoted five times. Most recently, he became the CFO in early 2019 at the age of 34.

09.08 / 23:15

COST Manufacturing POT country Canopy Growth posts smaller Q1 core loss, reiterates going concern doubts

By Sourasis Bose

09.08 / 22:51

Target Reuters Manufacturing Action Software country electronic Explainer Explainer-US starts process to restrict some investment in key tech in China

By Andrea Shalal and Karen Freifeld

09.08 / 19:25

UPS Manufacturing CEO exclusive L&T, partners to invest $4 B in green hydrogen projects

green hydrogen joint venture partners-Indian Oil Corporation and ReNew-will invest upto $4 billion (₹32,000 crore) in their green hydrogen businesses over three-five years, CEO & Managing Director, S N Subrahmanyan said Wednesday. L&T has a joint venture with state-run Indian Oil Corporation and renewable power company ReNew for its green hydrogen ventures. «We will invest around ₹500 crore in making electrolysers.

09.08 / 18:51

UPS Target Progressive Manufacturing Align Power Waaree Renewable eyes power generation

Waaree Renewable Technologies Ltd is looking to venture into power generation, aligning with India’s drive towards renewable energy, said Hitesh Mehta, executive director and chief financial officer, Waaree Renewable, in an interview. The company is in talks with potential partners, however, no definitive progress has so far been made, he added. Waaree Renewable Technologies is the solar engineering, procurement and construction (EPC) subsidiary of the Waaree Group that is involved in ownership, financing, construction as well as operation of solar projects.

09.08 / 18:23

Citi Provident Target Manufacturing Parke country electronic IndoSpace to invest $1 billion to acquire new warehousing, logistics assets in India

IndoSpace is looking to deploy over $1 billion to acquire new warehousing and logistics assets across India over the next two-three years amid rising demand, led by improved connectivity and government’s supportive policies, said a top executive of the company. The joint venture between Everstone, Singapore-headquartered logistics facilities provider GLP and industrial real estate firm Realterm, will also be developing additional 30 million sq ft warehousing properties in the country.

09.08 / 17:53

UPS Lowe's Manufacturing Action country ‘Tech import curb regressive, doesn’t augur well for future‘

Edited excerpts: Is double-digit growth a thing of the past for India? It is going to be a big challenge in the next seven years. Global growth is going to be relatively low. The same is true for global trade.

09.08 / 17:53

Digital AXY Manufacturing CEO Platform NIIF taps Russell Reynolds to find next MD & CEO

NEW DELHI : The National Investment and Infrastructure Fund Ltd (NIIF) has mandated global leadership advisory firm Russell Reynolds Associates to find the next managing director (MD) and chief executive officer (CEO) of India’s quasi-sovereign wealth fund, two people familiar with the development said. After Sujoy Bose, who served as NIIF’s first MD & CEO for six years since 2016, quit in May, the company named Rajiv Dhar, the executive director and chief operating officer, the interim MD & CEO. In 2015, the then-department of economic affairs secretary Shaktikanta Das headed a search-cum-selection committee to select the CEO for the investment management company under NIIF.

09.08 / 16:53

Facebook Provident Target Progressive Ford Manufacturing Stellantis Threat Tensions rise in United Auto Workers contract talks with Stellantis as strike threat looms

Tensions rose in contract talks between the United Auto Workers and Stellantis on Tuesday with the union president accusing the company of seeking concessions in contract talks when the union wants gains

09.08 / 16:53

Manufacturing Action Fighting Remark Southern show social Biden is pitching his economic policies as a key to a manufacturing jobs revival

President Joe Biden says his policies of financial and tax incentives have revived U.S. manufacturing

09.08 / 16:53

UPS Waves Manufacturing Cardiovascular show country Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights

Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected

09.08 / 16:43

BLOCK Manufacturing Fallout show country Sputtering Trade Fuels Fears for a Connected World

The downturn in world trade, exemplified by slumping Chinese exports and a decline in U.S. imports, mainly reflects a phase of weak global economic growth. It also raises questions about whether deeper changes are under way, with decades of deepening global economic integration giving way to a new era in which the West and China do more business with their political friends and less with each other.

09.08 / 16:43

UPS Manufacturing Action Mobile country The global impact of policy calls may affect our rupee ambitions

forex reserves. Today, the US has a debt-to-GDP ratio of around 130%, Japan 260%, UK nearly 100% and the eurozone 90%. The ratio for India is around 90%.

09.08 / 15:41

UPS Manufacturing country cover Government should propose to GST Council to cut tax rates on fertilisers from current 5 per cent: Parliamentary panel

Parliamentary panel has recommended that the government should propose to the GST Council to reduce tax rates on fertilisers from the current 5 per cent. In its report laid in Parliament on Wednesday, Standing Committee on Chemicals and Fertilizers said the committee have been informed that fertilisers were placed under the 12 per cent GST bracket. However, on demand of various states, GST on fertilisers was reduced to 5 per cent.

frequently asked questions about Manufacturing

What is Manufacturing and why is it gaining attention?

Manufacturing is a trending topic that interests a wide audience. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Manufacturing?

All latest articles about Manufacturing can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on Manufacturing?

We use verified data to ensure that the information about Manufacturing is well-supported and helpful for our readers.