Manufacturing Financial News

04.07 / 02:13

COST Lowe's Manufacturing CME EUR Gold inches lower, investors wait for Fed's June meeting minutes

Gold prices edged slightly lower in early Asian trade on Tuesday, as traders awaited the U.S. Federal Reserve's minutes of the June meeting for more clues on its interest rate hike path ahead.FUNDAMENTALS * Spot gold edged 0.1% lower to $1,919.95 per ounce by 0107 GMT, while U.S. gold futures were down similarly to $1,927.80.

04.07 / 02:03

DOW Manufacturing NIFTY SENSEX Share Market LIVE: Sensex, Nifty to start under caution; Gift Nifty trades flat

₹1,996 crore in Indian stocks on Monday. With that, FIIs are net buyers for the fourth consecutive day now. On the other hand, domestic institutional investors (DIIs) were net sellers. Commenting on Monday's trading Vinod Nair, Head of Research at Geojit Financial Services said, “Sentiments of investors are reinforced by positive domestic data and optimistic global cues.

04.07 / 02:01

COST UPS Target Manufacturing Yellow Support Gold moves further above $1,900 support, more Fed cues awaited

Investing.com-- Gold prices steadied further above key support levels on Tuesday, but the yellow metal still remained under pressure as markets awaited more cues on monetary policy from the Federal Reserve this week.

03.07 / 20:35

UPS Manufacturing Fighting Oil ends down; Saudi, Russia cuts campaign drowned by factory slump

Investing.com — Right on cue, the Saudis came out to say their million-barrel cut for July will be extended to August and possibly September — maybe even infinitely. The Russians talked up their cuts too. But the announcements coincided with particularly bad global factory activity, sending crude prices lower.

03.07 / 19:27

UPS Manufacturing June factory activity eases, but confidence up

Though lower than the previous month, June marked the second fastest pace of expansion in manufacturing activity in six months. The June PMI data pointed to an improvement in overall operating conditions for 24th straight month. A value of over 50 denotes expansion. “Positive client interest continued to support the manufacturing industry, driving the growth of output, employment, quantities of purchases and input stocks,” said Pollyanna De Lima, economics associate director, S&P Global Market Intelligence. De Lima said PMI results indicate strong domestic and international demand for Indian-made products.

03.07 / 19:11

UPS Progressive Aware Manufacturing Destiny Horoscope Today: Money astrological predictions for 4 July 2023

Ganesha says today's planetary transit may prove to be beneficial and happy for you. So be focused and pay attention to your work. Don't let laziness get the better of you.

03.07 / 18:39

Manufacturing Merit Nokia Delhi HC asks Oppo to deposit 23% of $230 million in 'royalty' case by Nokia

Delhi High Court on Monday asked Chinese smartphone manufacturer Oppo to deposit 23% of $230 million towards «royalty» for alleged infringement of Nokia's three standard essential patents (SEPs) in cellular technology. The three SEPs are said to be necessary to make cellular systems 2G, 3G, 4G, and 5G compliant. A division bench led by Justice Manmohan, while setting aside the single judge's November order that rejected Nokia's claim for royalty, said nearly two years have lapsed since Nokia filed the case and not a «single farthing» has been paid so far by Oppo.

03.07 / 18:39

SUN Manufacturing HC restrains Glenmark from selling asthma drug under 'Indamet' name

Delhi High Court on Monday in an interim order restrained generic drug maker Glenmark Pharmaceuticals from manufacturing, selling or advertising its asthma drug under the mark Indamet, which is allegedly identical or deceptively similar to Sun Pharma Laboratories' registered mark for its anti-diabetes drug «Istamet XR CP». Sun Pharma and Glenmark are contesting over their right to use drug names «Istamet» and «Indamet», respectively, which Sun Pharma finds to be deceptively similar and confusing.

03.07 / 18:11

Manufacturing NIFTY SENSEX Market momentum, FPIs propel Sensex past 65,000

NEW DELHI : Indian stocks extended their rally on Monday, led by gains in HDFC twin stocks and strong buying activity in other index heavyweights. Buoyed by gains in the US market, local stocks saw a gap-up opening on Monday. Favourable economic data and sustained foreign fund inflows propelled the Sensex beyond 65,000, with the Nifty 50 surpassing 19,300, maintaining the bullish trend.

03.07 / 17:43

UPS FIVE Digital Progressive Manufacturing Micron ‘Micron’s India plant to start construction in 4-6 weeks’

NEW DELHI : Micron Technology, Inc.’s India plant is set to begin construction within four to six weeks, as the Gujarat government has allocated land for the semiconductor factory, said communications and IT minister Ashwini Vaishnaw on Monday. The facility in Sanand, Gujarat, will be producing the first ‘Make in India’ chip, and production is expected to start by December 2024, he added. Micron, the American semiconductor packaging firm, will invest $825 million in India to set up the assembly and testing facility, it’s first factory here.

03.07 / 17:43

UPS FIVE BLOCK Manufacturing NIFTY Bulk deals on July 3: Shree Ram Proteins, Crayons Advertising, others exchange hands; check buyers, sellers

Shree Ram Proteins, Crayons Advertising, Shree Tirupati Balaji, among others, saw heavy and selling on July 3. According to NSE data, L7 Hitech Private Limited sold 20,00,000 shares of Shree Ram Proteins at an average price of ₹3.40. Vikasa Global Fund PCC - Eubilia Capital Partners Fund sold 1,50,000 shares of Crayons Advertising at an average price of ₹151.65, according to NSE block deal data.

03.07 / 17:43

UPS Waves Manufacturing Mobile Align Metro Retail firms struggle to find quality real estate

NEW DELHI : Brands across various industries are increasingly finding it difficult to secure high-quality real estate as a result of steep rentals, and an increase in the store expansion plans of both large and small brands. Several major retailers have attributed their post-covid expansion plans to make up for the slower pace of growth in 2020 and 2021. Now, with improved mobility and return of consumers to physical outlets, the pace of real estate expansion has picked up, outpacing the available supply in the market.

03.07 / 17:27

COST UPS Digital Progressive Manufacturing WTO services India’s 2022 global commercial services exports share doubled to 4.4%: WTO-World Bank

commercial services exports to 4.4% in 2022 from 2% in 2005, the World Bank and World Trade Organization (WTO) said Monday. In a report titled ‘Trade in services for development’, they said that in India, South Africa and Türkiye, jobs directly linked to cross-border services exports account for more than 10% of total services sector jobs.

03.07 / 16:57

UPS NASDAQ DOW Manufacturing MSCI Nikkei Stocks make little progress with Treasury yields choppy in holiday-shortened session

By Sinéad Carew

03.07 / 16:57

COST UPS Provident Waves Reuters Manufacturing surges US factory activity slump deepens; construction spending surges

By Lucia Mutikani

03.07 / 16:51

UPS Progressive Ball Manufacturing At Wimbledon, the Grass Isn’t Quite the Grass Anymore

Novak Djokovic had just won the French Open when the questions began about his preparations to claim a 24th major title at Wimbledon. With three weeks between the two tournaments, how would he manage the transition from clay courts to grass this season? And which grass-court tuneup events would he play to rediscover a feel for the surface? Djokovic’s answer: none of them. His next competitive match would be the first round at the All England Club, this week—and it would feel just fine.

03.07 / 16:07

COST UPS Manufacturing CEO Nike Nike Earnings Show What H2 Should Look Like for Manufacturers, Retailers

For those overly optimistic about the US economic prospects for H2, I suggest revisiting Nike's (NYSE:NKE) fiscal Q4 earnings from last Thursday.

03.07 / 16:05

Manufacturing Government constructing smoke houses to ensure the quality of rubber: Tripura CM Manik Saha

Manik Saha said that to ensure the quality of rubber, state government is constructing smoke houses and manufacturing graded rubber sheets. Tripura is set to showcase its delectable organic Queen Pineapple and a variety of other fruits in Varanasi on July 21st. The announcement was made during the inaugural programme of the National Conference cum Buyer & Seller Meet organized by the Agriculture Department at Pragna Bhavan, Agartala.

03.07 / 16:05

UPS Citi Manufacturing Chetak EV domestic sales grow over 4-fold in FY23: Bajaj Auto

Bajaj Auto's domestic sales of its electric scooter Chetak grew over four-fold to 36,260 units in FY23, with the easing of global semiconductor shortage, according to the company's latest annual report. In FY22, Chetak electric scooter clocked sales of 8,187 units, as per Bajaj Auto's Annual Report for 2022-23. «The global semiconductor shortage that affected the industry, right up to the first quarter of FY2023 also affected the Chetak.

03.07 / 16:01

Provident Aviat Progressive Manufacturing Fighting Assurant Govt is committed to quality assurance in military aviation: Defence Secretary

New Delhi: The Central government is committed to ensure Quality Assurance (QA) in military aviation and taking appropriate measures to remove obstacles in indigenization of Defence manufacturing industry, defence secretary Giridhar Aramane said on Monday. Delivering keynote address at Workshop on “QA Reforms in Military Aviation for Promoting Indigenous R&D and Manufacturing," held in New Delhi, he added that the country is progressing in line with PM’s vision of Aatmnirbharata in defence. “It is a challenge but systems are being put in place and measures are being taken to achieve it," he said.

03.07 / 16:01

COST UPS Manufacturing Factory output growth dips in June but remains robust

NEW DELHI : Manufacturing activity last month fell for the first time since February 2023 but, supported by rising demand for Indian-made factory products, still notched up the year’s second-fastest rate of expansion, a private survey on Monday said. S&P Global said on Monday that India’s purchasing managers’ index (PMI) for manufacturing fell to 57.8 in June, down from 58.7 in May. A figure of 50 separates expansion from contraction.

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