Home » Business » In Other News

In Other News - Page 102

Good days are feared to be over for the domestic petrochemical producers, who have been enjoying robust cash earnings over the past several years. Petrochem producers net debt levels have also been low.

Good days behind for petchem industry: Icra

Going forward, the olefins cycle is likely to decline further and that in turn would lead to subdued returns, they...

10 Sept 2019 1:45 AM IST

The gems and jewellery sector has always been heavily dominated by MSMEs. However, these small and medium-sized players are finding it difficult now to cope up with the challenges in the industry.

Polarisation in G&J market; big wins, small loses

Further, companies have to be flexible and large enough to identify and explore newer markets when the traditional...

10 Sept 2019 12:51 AM IST

Prakash Javadekar (Photo: G.N. Jha)

India halfway through its 175 GW renewable energy goal: Javadekar

India currently has an installed renewable energy capacity of around 80 gigawatts.

9 Sept 2019 2:43 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Passenger vehicle sales decline for 10th straight month

Sales of commercial vehicles were down 38.71 per cent to 51,897 units in August.

9 Sept 2019 11:59 AM IST

The CPEC, which connects Gwadar Port in Balochistan with Chinas Xinjiang province, is the flagship project of Chinese President Xi Jinpings ambitious Belt and Road Initiative (BRI).

China plans to invest USD 1 bn in Pak development projects

The pace of development projects under the China-Pakistan Economic Corridor is satisfactory, says Yao Jing.

9 Sept 2019 10:17 AM IST

The Enforcement Directorate (ED) has booked the case under provisions of the Prevention of Money Laundering Act (PMLA) after going through a Central Bureau of Investigation (CBI) FIR, which was registered in the case in July this year, they said.

ED files money laundering case against Rolls Royce

The CBI complaint alleged that the total business of HAL with Rolls Royce was around Rs 4,700 crore between 2000 and...

9 Sept 2019 2:14 AM IST

However, nearly 7 per cent of soybean acreage was under stress due to water logging and excessive rains in parts of Madhya Pradesh and Maharashtra, the Soybean Processors Association of India indicated subsequent to a crop survey.

Rains take a toll on soybean output

Soybean had been planted over 11.27 million hecatres (ha) till recently, 0.8 per cent higher on-year, according to farm...

9 Sept 2019 1:30 AM IST

The increase in PF deduction, though beneficial for employees in the long-run, is leaving less money in their hands for discretionary spending and investment.

High PF cut seen aiding consumption slowdown

Private consumption spend has hit an 18-quarter low of 3.1 per cent in Q1.

9 Sept 2019 1:26 AM IST

IndiGo and SpiceJet are moving partially from T1 to the newly revamped T2 of the Delhi airport with effect from 12.01 am on Sunday.

Facial recognition system trial to begin at Delhi airport's T3...

After successful completion of the trial, the DIAL said facial recognition would be officially launched at Terminal 3.

7 Sept 2019 10:48 AM IST

Private labels are usually priced competitively against brands.

Verticals lose out to horizontal players

They have been dominating the market by offering quality furniture at low cost and by providing customer support.

7 Sept 2019 1:32 AM IST

Finance Minister Nirmala Sitharaman

Govt to aid wealth, job creators

She also clarified that any tax collection shortfall will not affect commitments made for social sector spending.

7 Sept 2019 1:31 AM IST

IBC changes to maximise value, ease resolution

Under the new rule, resolution plan could provide for restructuring the company, including merger, amalgamation and...

7 Sept 2019 1:31 AM IST