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  • Higher commodity prices behind rise in exports to China in pandemic year Jun 23, 2021 01:53 PM IST

    Higher commodity prices behind rise in exports to China in pandemic year

    In the year, when the pandemic restricted trade, upended logistics networks and shut down factories, India's exports to China rose 27.7 percent in FY21. A closer look at official figures however show that the growth was fueled by higher prices of iron ores, organic chemicals and petroleum.

  • Exclusive | Commodity exports stopped India's trade from falling further in FY21 May 21, 2021 04:33 PM IST

    Exclusive | Commodity exports stopped India's trade from falling further in FY21

    Latest data from the Commerce department for FY21 shows that relatively low value commodities, including both unprocessed raw materials and processed bulk goods, managed to hold their own throughout the pandemic-ridden year. A rise in global commodity prices and unused capacity due to drop in local manufacturing meant many commodity exports even managed to grow in 2020-21.

  • Non-urea fertiliser prices slashed by up to Rs 5,000/tonne Jul 05, 2016 08:04 AM IST

    Non-urea fertiliser prices slashed by up to Rs 5,000/tonne

    The state-run fertiliser firms Rashtriya Chemicals and Fertilizers (RCF) and National Fertilizers Ltd (NFL) as well as private firm Indian Potash Ltd (IPL) have agreed to reduce the price of non-urea fertilisers, the Fertiliser Minister said.

  • With Rs 5.6L cr projects, Prabhu's Railways is gathering steam May 20, 2016 07:54 PM IST

    With Rs 5.6L cr projects, Prabhu's Railways is gathering steam

    The Ministry will cross the budgeted figure of Rs 1.21 lakh crore in the next year, says the Railway Minister Suresh Prabhu.

  • Steel fundamentally is still a profitable business:Sanjeev Gupta May 02, 2016 08:13 PM IST

    Steel fundamentally is still a profitable business:Sanjeev Gupta

    Liberty House's aim would be to focus on using domestically available raw materials to make products which are more green and more sustainable, says its Executive Chairman Sanjeev Gupta.

  • Procurement of raw materials by PSUs from MSMEs doubles Feb 16, 2016 02:40 PM IST

    Procurement of raw materials by PSUs from MSMEs doubles

    The MSME Ministry has formed a one-man committee under the chairmanship of former Cabinet secretary Prabhat Kumar to draft a comprehensive policy for MSMEs. The committee is likely to submit its report by June.

  • Taxation on imported raw materials disturbing manufacturers Feb 15, 2016 01:07 PM IST

    Taxation on imported raw materials disturbing manufacturers

    Start-ups being acquainted with the idea of generating varied and distinguished products are finding it difficult to compete in the domestic market owing to the tax imposed on imported raw materials which are unlikely to be available in India.

  • Ceramic industry full of varied location-based shortcomings Feb 15, 2016 01:07 PM IST

    Ceramic industry full of varied location-based shortcomings

    Indian ceramic industry has been one of the crucial segments of the economy since several decades. The industry, however has been encountering several challenges, which are particularly prominent in the small and medium scale manufacturing units.

  • Textiles Min launches ERP to boost handloom cos Dec 21, 2015 11:21 AM IST

    Textiles Min launches ERP to boost handloom cos

    The ERP system will improve productivity, increase efficiencies, decrease costs and streamline supply of raw material processes in NHDC.

  • Centre to impose stockholding limit on raw jute Nov 26, 2015 03:04 PM IST

    Centre to impose stockholding limit on raw jute

    The Centre will also take up the issue of raw jute export ban imposed by Bangladesh. The decisions were taken by Union Textiles Minister Santosh Gangwar at a meeting with stakeholders on November 23 to evolve a strategy for stabilising the raw jute prices

  • 'India can benefit greatly from partnership with Africa' Oct 23, 2015 08:45 PM IST

    'India can benefit greatly from partnership with Africa'

    Former diplomat KC Singh, who has been an ambassador to the United Arab Emirates and then to Iran says: "Africa is both a market and also has huge resources of mines and minerals, and other raw materials, which can help India grow at 8-8.5%."

  • Power2SME to Launch Operations in Lucknow to Empower Regional SMEs Jul 16, 2015 07:11 PM IST

    Power2SME to Launch Operations in Lucknow to Empower Regional SMEs

    Aim at achieving business targets of USD 1 million in the next 6-9 ...

  • Expectations of SMEs from Union Budget 2015 Feb 27, 2015 09:22 PM IST

    Expectations of SMEs from Union Budget 2015

    Recent announcements from both the Prime Minister and the Finance Minister have made it clear that the upcoming budget will be a marked departure from the current way the sector is functioning.

  • The poo-tique paper entrepreneur Jan 14, 2015 02:38 PM IST

    The poo-tique paper entrepreneur

    Mahima Mehra‘s ‘Haathi Chaap‘ transmutes elephant dung into organic paper and is built on a sustainable business model

  • To launch 12-15 stores this year: Speciality Restaurants Nov 19, 2014 01:10 PM IST

    To launch 12-15 stores this year: Speciality Restaurants

    The company, for the quarter ended September, reported a net profit of Rs 2.4 crore versus Rs 4 crore for a year ago period.

  • Deutsche Bank quits commodities, but keeps index funds Dec 06, 2013 09:07 AM IST

    Deutsche Bank quits commodities, but keeps index funds

    It also shows that the world's biggest banks were not giving up yet on passive commodity investment tools such as indexes, despite research pointing to substantial outflows of money from such products this year.

  • Commodity investors race to adapt on fear of supercycle end Jul 02, 2013 04:49 PM IST

    Commodity investors race to adapt on fear of supercycle end

    While pension funds and other institutional investors have been quick to bail on gold as bullion fell deeper into bear market territory in the second quarter, they have yet to abandon other markets like oil and metals en masse, asset allocation experts and analysts say.

  • In commodity pricing, silence & secrecy not limited to oil Jun 07, 2013 09:56 AM IST

    In commodity pricing, silence & secrecy not limited to oil

    Concern about transparency in oil pricing has triggered European regulators to launch the biggest cross-border trading probe since the Libor interest rate scandal.

  • China's Xi tells Africa he seeks relationship of equals Mar 25, 2013 09:00 PM IST

    China's Xi tells Africa he seeks relationship of equals

    China's new President told Africans on Monday he wanted a relationship of equals that would help the continent develop, responding to concerns that Beijing is only interested in shipping out its raw materials.

  • Slowdown in Q3 due to raw material shortage: Orient Feb 08, 2013 01:43 PM IST

    Slowdown in Q3 due to raw material shortage: Orient

    In an interview to CNBC-TV18, ML Pachisia, managing director, Orient Papers & Industries gives his views on the company's Q3 performance. The company's Q3 net profit was down at Rs 14.6 crore versus Rs 42.4 crore, year-on-year, YoY.

  • Decorative biz growing more than industrial paints: Berger Feb 04, 2013 10:21 AM IST

    Decorative biz growing more than industrial paints: Berger

    Paint major Berger Paints reported 57.14 percent rise in its consolidated net profit for the third quarter against Rs 49 crore in the corresponding period in the previous year.

  • Manufacturing growth slows for a 3rd month: PMI Apr 02, 2012 10:42 AM IST

    Manufacturing growth slows for a 3rd month: PMI

    The expansion of India's factory sector slowed for a third month in March as growth in new orders eased and costs for raw materials kept rising, a business survey showed on Monday.

  • CEAT pegs FY13 revenue growth at 25% Feb 10, 2012 02:25 PM IST

    CEAT pegs FY13 revenue growth at 25%

    Anant Goenka, Dy MD, CEAT Ltd expects FY13 to be a much better year with the company’s Halol plant close to full capacity utilization. He is looking at about 25% growth in revenues in FY13.

  • Rubber prices drop, but little respite for tyre makers Dec 28, 2011 01:48 PM IST

    Rubber prices drop, but little respite for tyre makers

    Rubber prices have fallen over the last few months, which should bring a cheer among tyre manufacturers. But that is unlikely for at least the third and fourth quarters, as the recent rupee depreciation has increased import costs, thus limiting the gains if any from falling cost of the key raw material.

  • High costs, fin expenses drag Ashok Leyland Q1 net down 30% Jul 19, 2011 12:59 PM IST

    High costs, fin expenses drag Ashok Leyland Q1 net down 30%

    Commercial Vehicle maker Ashok Leyland missed estimates as first quarter net profit fell 30% from a year ago to Rs 86.25 crore amid high raw material costs and surge in financial expenses.

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