RBI analysis shows that the manufacturing sector was worse off than the services sector in the June quarter.
RBI survey on business sentiment in Indian manufacturing at lowest level since the global financial crisis
Manufacturers and retailers have significantly reduced in numbers, necessitating shut downs or downsizing of staff and operations by half compared to two years back
The rules may come as a relief to brands that depend on third-party sourcing.
The subsidy would be proportional to capacity committed and level of indigenisation and the government plans for 60 percent indigenisation by 2025
The tech giant has already begun export of Made in India iPhones but is seeking a ‘globally competitive tariff regime’ to boost its export (shipping and sales) margin
Beijing has repeatedly vowed to further open up the country's markets to foreign investment
The IIP for March has been revised to a growth 0.4 percent, up from a drop 0.1 of percent reported earlier.
He said this may lead to better business opportunities for manufacturers and will lead to rise in M2M communication.
PMI readings were higher in January and February this year
Vaibhavi Khanwalkar talks with Swaraj Baggonkar about India reaching the top spot in car manufacturing and its potential future.
The move is seen as an effort to increase their presence in the world’s fastest growing smartphone market.
The relentless rise in the share of infrastructure in bank credit is a risk
With no customs duty, iPhones will get cheaper a bit. But, that may not be enough for Apple to win over India’s price sensitive consumers.
But growth in new domestic and exports orders was marginal, suggesting the economy will remain under pressure in coming months and will likely require more policy support before it can convincingly stabilise.
Business, especially the small and medium sector, is unwilling to invest in capacity.
Agriculture's share in the economy had declined, with government and private sector gaining
Despite the evidence that economic reforms have helped increase growth, progress on this front has remained slow
Over the last few months, IIP growth has been erratic, particularly in the manufacturing sector that accounts for more than 75 percent of all industrial production in the country.
The industry was hoping that the Narendra Modi government with its strong majority will introduce much-needed reforms in land and labour markets.
December saw the weakest increase in input costs for nearly three years, giving factories room to cut their prices for the first time since July 2017.
An ailing dragon is bad for the global economy and its effect on commodity prices remains a risk for Indian miners and metal producers.
Sakshi Batra does a 3 point analysis of Tata Chemical's earnings fine print.
At first blush, the new defence pricing policy announced by the government earlier this month seems to discourage production. The policy, which proposed margin cuts, seems to be at odd with government rhetoric.
India should ask for a reasonable phase-in period for tariff elimination before the proposed RCEP deal kicks in — this could be used to lend a competitive edge to the real sectors