Manufacturing Financial News

BEIJING — China on Friday reported strong growth in retail sales and a steep decline in real estate investment in October, signaling that the country's recent stimulus push has already bolstered certain sectors of its flagging economy.

Subscribe to enjoy similar stories. The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification. Just four companies—Tata Motors, Mahindra Last Mile Mobility, Toyota Kirloskar Auto Parts (TKAP) and Ola Electric—submitted claims for FY24, two people aware of the matter said.

Mahindra Group CEO and Managing Director Anish Shah on Thursday pitched for a balance between tariff and non-tariff barriers for a stronger manufacturing sector in the country. «Indian industry needs no protection. We've had no protection for the last 20 years and if we had protection, we would not have the quality that we have today,» Shah said, while speaking at the CNBC TV18 Global leadership summit here. «With regard to duties, the questions are around non-tariff barriers along with tariff barriers… And frankly they should (be there) because that will put Indian manufacturing in a much stronger place,» he said. He was responding to a question on whether India needs to impose import tariffs on companies such as Tesla as they look at entering the Indian market.

medical tubing used in catheters. The groundbreaking of the new manufacturing site is expected in 2025, with operations commencing in 2026. The manufacturing site will increase US-based Lubrizol’s local medical tubing volume five-fold, creating easier access to life-saving medical tubing in India and in markets around the world through export. High-quality medical tubing produced through the partnership will be used in neurovascular and cardiovascular medical applications, such as balloon catheters and minimally invasive procedure catheters.

Kerala-based naturopath Jacob Vadakkanchery wanted that all medical professionals should specify the side effects in an additional slip in the regional language along with the prescription. The Bench led by Justice BR Gavai said if this practice is followed, then the general practitioners would not be able to attend more than 10-15 patients if this was followed. It was «not practical at all» and for every patient there are different medicines, the apex court said.

goods and services tax (GST) registered taxpayer and want to claim any pending input tax credit (ITC) for FY 2023-24 or amend any errors or omissions under GST then note the last date to do so is November 30, 2024, by filing a specified GST form. If you miss this opportunity, then you may lose out on claiming input tax credit (ITC) if any remains to be claimed for FY 2023-24. Needless to say, if you do not get the benefit of claiming input tax credit then it will result in loss as you can't offset your output tax liability with input tax credit.

manufacturing output witnessed a rise coupled with increase in employment, according to the data released by the Ministry of Statistics and Programme Implementation (MoSPI). ET's Anoushka Sawhney takes a look.

Civil Aviation Minister Kinjarapu Rammohan Naidu on Thursday said the Ministry is exploring the use of seaplanes to connect even the most remote areas of India, including the North East. Naidu, who was here to participate in a two-day aviation conference, also took a test ride on a seaplane during a demonstration at the scenic Umiam Lake, where Meghalaya Chief Minister Conrad K. Sangma and other senior officials of the ministry were present. «Let it be road, rail, or air connectivity, Modi wants the North East to be integrated with the mainland with the best connectivity possible. The Ministry of Civil Aviation wants to ensure that his (Modi) vision becomes a reality,» Naidu told reporters after a 30-minute joyride on the seaplane. He said people come to Meghalaya and the region for a variety of reasons, such as tourism, spirituality, to connect with nature, and for business activities.

The decision of the companies will depend on final guidelines, or standard operating procedures, of the policy that the government is expected to announce in the next three to four months, the people said. The Scheme to Promote Manufacturing of Electric Passenger Cars in India was unveiled in March, this year.

Subscribe to enjoy similar stories. Foreign institutional investors (FIIs) have been on a selling spree when it comes to Indian stocks. According to NSDL data, FIIs sold Indian stocks worth more than ₹94,000 crore in October.

The end of the year is often the best time to buy a car

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'

Astana International Financial Centre (AIFC). The event brought together prominent business leaders, government officials, and industry experts to discuss opportunities for increased trade, joint ventures, and collaboration in the electronics and engineering sectors. The Keynote address was delivered by Ambassador Dr. T.V. Nagendra Prasad. The chief guest was Mr. Meiram Pshembayev, Chairman of the Association of Kazakhstan Machinery Industry. The event was held in the hybrid format. Around 50 companies from both sides participated in the event. Thematic sessions on Electronics and Engineering Sectors took place in which experts from both sides gave presentations, followed by a lively question and answer session. From the Indian side, the event was also joined virtually by the Electronics and Software Export Promotion Council (ESC), Engineering Export Promotion Council (EEPC), Federation of Karnataka Chamber of Commerce (FKCC) and their member companies dealing in exports of electronics and engineering goods.

Subscribe to enjoy similar stories. New Delhi/Chennai: In December 2021, over 400 women staying at a hostel at Puduchatram on the Chennai-Tirupati highway took ill. Some of them had severe symptoms of food poisoning and were admitted to hospitals.

As per data released by industry body Society of Indian Automobile Manufacturers (SIAM), as many as 393,238 vehicles were dispatched from factories to dealerships, compared to 389,714 units sold in the corresponding period of the last financial year.

video game or informing a potential buyer about your laptop’s specs when selling it. But how do you check which graphics card you have, and what type it is? Let us answer these questions now. Read on.Also Read: iOS 18.2 to bring Visual Intelligence for iPhone users: 5 ways to use itStep 1: Go to Settings and then select System.

Subscribe to enjoy similar stories. In August, a small team of Volkswagen executives and engineers flew from Germany to Palo Alto, Calif., to take a top-secret vehicle for a spin. Originally built as an electric Audi, the vehicle had been shipped to the U.S.

Subscribe to enjoy similar stories. NEW DELHI : Last week, Nvidia Corp., the world's largest artificial intelligence (AI) chipmaker, replaced Intel Corp., best known for computer processors, in the 30-share American benchmark share index. This movement in the Dow Jones Industrial Average reflects the big changes in the industry over the past few years, as AI took centre stage and the fortunes of top players reversed.

PM Internship Scheme offers a chance to learn and improve skills while working with top firms in India. Internships provide valuable knowledge, practical experience, and professional networks, but do not guarantee employment.

Otis India aims to support this need and urbanisation of India in a way that is smart, sustainable and scalable, says Sebi Joseph, President of Otis India, in an interaction with ET Digital. He adds that Otis also understands the challenges associated with respect to tier-2 and tier-3 cities and creates tailored solutions at scale to meet customer expectations. Edited excerpts: The Economic Times (ET): How is India placed in terms of manufacturing, installation and servicing of elevators and escalators? How have things changed over the years? Sebi Joseph (SJ): It is an exciting time for the elevator and escalator industry in India.

Food and beverage manufacturer Kraft Heinz says it's no longer serving the Lunchables meals it created for U.S. schools