scorecardresearch
Friday, March 29, 2024
TopicManufacturing

Topic: manufacturing

After causing some worry, manufacturing brings a pleasant surprise in Q2. But consumption a concern

While indicators of urban demand are growing at a sharp pace, rural consumption is in slow lane. However, manufacturing, mining and construction have all seen double-digit growth.

Despite consumer optimism, Indian economy’s just chugging along with no real prospect of acceleration

Assessments of 'current general economic situation' have been improving steadily over past couple of years, but the index remains no higher than in late 2019, when economic slowdown set in.

FY23’s positive GDP data hides worrying trends: Weak consumption, sustained slump in manufacturing

It should be cause for worry that, by latest quarter, agriculture had become 25% bigger than manufacturing. This is the exact opposite of what 'Make in India' intended.

India’s JSW Steel plans to invest $145 million in new projects to upgrade US manufacturing

These investments & projects will help in producing high quality ‘melted and manufactured in USA’ steel products, said Parth Jindal, director of JSW Steel USA.

Manufacturing activity in Turkey’s southeast at risk due to earthquake disaster

To ease the fallout, the Turkish government has rolled out short-work allowances for workers and easier access to loans for affected companies.

GDP growth in October-December quarter is stronger than data suggests, say economists

The lower-than-expected growth was led by an upward adjustment in the base year GDP, said chief India economist at HSBC.

Asia’s factory activity stalls, but China a bright spot

China's manufacturing activity expanded at the fastest pace in more than a decade in February, based on an official index, while a survey showed activity rising for the first time in 7 months.

Leveraging Virtual Twin Technology to Revolutionize Key Industries in India

Virtual Twin technology is revolutionizing macro-economic spheres such as manufacturing, infrastructure & life sciences by enabling sustainable & transformative digital business processes.

Brazil to replace India as a manufacturing hub? China is pushing for it

China has been increasing its trade with Latin American countries. Even individual Chinese provinces do more trade with the region than India.

What do the latest GDP estimates for 2022-23 tell us about the health of the Indian economy?

Services sector shows buoyant recovery but manufacturing estimated to decelerate due to weak external demand. Moderation in commodity prices could provide some support to the sector.

On Camera

Sheikh Hasina battling ‘India Out’ campaign with Indian saree. But has she made it worse?

Hasina is unabashedly India’s best friend in the neighbourhood. But Delhi is hard put to match China’s deep pockets and big investments in Dhaka.

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.