Jun 23, 2021 01:53 PM IST
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.
- May 21, 2021 04:33 PM IST
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.
- Jul 05, 2016 08:04 AM IST
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.
- May 20, 2016 07:54 PM IST
The Ministry will cross the budgeted figure of Rs 1.21 lakh crore in the next year, says the Railway Minister Suresh Prabhu.
- May 02, 2016 08:13 PM IST
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.
- Feb 16, 2016 02:40 PM IST
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.
- Feb 15, 2016 01:07 PM IST
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.
- Feb 15, 2016 01:07 PM IST
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.
- Dec 21, 2015 11:21 AM IST
The ERP system will improve productivity, increase efficiencies, decrease costs and streamline supply of raw material processes in NHDC.
- Nov 26, 2015 03:04 PM IST
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
- Oct 23, 2015 08:45 PM IST
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%."
- Jul 16, 2015 07:11 PM IST
Aim at achieving business targets of USD 1 million in the next 6-9 ...
- Feb 27, 2015 09:22 PM IST
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.
- Jan 14, 2015 02:38 PM IST
Mahima Mehra‘s â€˜Haathi Chaap‘ transmutes elephant dung into organic paper and is built on a sustainable business model
- Nov 19, 2014 01:10 PM IST
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.
- Dec 06, 2013 09:07 AM IST
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.
- Jul 02, 2013 04:49 PM IST
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.
- Jun 07, 2013 09:56 AM IST
Concern about transparency in oil pricing has triggered European regulators to launch the biggest cross-border trading probe since the Libor interest rate scandal.
- Mar 25, 2013 09:00 PM IST
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.
- Feb 08, 2013 01:43 PM IST
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.
- Feb 04, 2013 10:21 AM IST
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.
- Apr 02, 2012 10:42 AM IST
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.
- Feb 10, 2012 02:25 PM IST
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.
- Dec 28, 2011 01:48 PM IST
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.
- Jul 19, 2011 12:59 PM IST
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.