Hong Kong last month suspended sales of three spice blends made by India's MDH and an Everest spice mix for fish curry. Singapore ordered a recall of the same Everest mix as well, flagging high levels of ethylene oxide, which is unfit for human consumption and a cancer risk with long exposure.
The move is likely to boost domestic solar module manufacturers.
While the year-on-year IIP growth figures for October 2023 are very strong for all sectors, the same can’t be said for month-on-month growth
Moneycontrol on October 17 reported how Indian solar manufacturers are currently being forced to export as developers prefer imported modules due to the ALMM norm being kept in abeyance till March, 2024.
The government should create policies that expand the Indian consumer base for multiple products and impose higher quality standards to make industry globally competitive
It is only right that the subsidy regime gradually fades into the sunset and the government consider increasing incentives on the supply side
A division bench said organisations selling and manufacturing plastic products in Uttarakhand would not only have to register with the Pollution Control Board, but also present a plan for disposal of their plastic waste.
Realisations for Indian aluminium manufacturers may be affected since huge exports from China could disrupt prices.
PM suggests increasing oxygen production, using surplus stocks in steel plants; 100 hospitals with PSA plants for manufacturing nutrient identified; 162 sanctioned under PM-Cares; permit-free movement of tankers cleared
Supply of essential goods could take a hit if truckers flock to their villages
Moody's cut its outlook for the aerospace and defence industry to negative from stable and warned that even when markets recover, the damaged balance sheets of most airlines would hurt demand for new aircraft.
The monthly poll, which tracks the Bank of Japan's key tankan quarterly survey, found business confidence across the sectors remained weak over the next three months, as the coronavirus added to uncertainty over the global outlook and the October national sales tax hike.
The headline index for big manufacturers' sentiment stood at zero in December, versus plus 5 in September, the closely watched survey showed on Friday. It compared with economists' median estimate of plus 2 in a Reuters poll. It was the fourth straight quarter of declines.
Manufacturers were the most pessimistic since 2013 in the November survey and the service sector mood was at three-year lows, as the world's third-largest economy weathered a global slowdown, natural disasters and a national sales tax hike.
In order to reopen, tanneries would have to acquire a no objection certificate (NOC) from the UPPCB
The Reuters Tankan, which tracks the Bank of Japan's closely-watched tankan quarterly survey, also found service-sector firms' sentiment edging up, a further sign of broadening recovery.
Demand for cars, sport utility vehicles and pickup trucks in February dipped to an annualised pace of 17.6 million vehicles, compared with a robust 17.7 million a year earlier, according to Autodata Corp.
The month-on-month fall compared with a median market forecast of a 0.3 percent rise and a revised 0.7 percent gain in December, data by the Ministry of Economy, Trade and Industry (METI) showed.
The national drug pricing regulator NPPA has asked manufacturers and importers of coronary stents to submit details, including price list of their products, before March 1.
There are nine undertakings under the ministry of steel and together they plan to spend Rs. 12637.71 crores in 2017-18, higher by nearly 9 percent from the Rs. 11604.94 crores they see themselves spending in the year that ends next month.
IHS Markit's final 2016 manufacturing Purchasing Managers' Index for the euro zone registered 54.9 in December, in line with an earlier flash estimate and its highest since April 2011.
The two men are in talks with the government about a plea agreement, according to a source close to the negotiations who was not authorized to discuss the matter.
The adverse impact of the demonetisation on disposable incomes and hence consumer spending has resulted in a slowdown in domestic demand for apparels and other end-products of textile industry in the immediate term.
Industrial output rose 0.1 percent in October, increasing for the third consecutive month. The result slightly beat the median forecast of a 0.1 percent fall in a Reuters poll of economists, and followed a 0.6 percent increase in September.
Fertiliser subsidy arrears are likely to be around Rs 40,000 crore at the end of current fiscal due to lower allocation in the Budget, industry body FAI has said while seeking early disbursal of pending dues of manufacturers.
