Government plans tribal items’ push, in India and abroad
In a major initiative to market products made in remote tribal villages, the Centre has reached out to top retailers and ecommerce portals to push a variety of products in India and internationally. The plan is to take sales of such products to Rs 10,000 crore in the next three years from Rs 300 crore last year.
Entire product range is now BS-VI compliant: Volvo Cars India
All cars assembled at the company's plant or imported are now BS-VI certified. ...
January wholesale inflation quickens on fuel, manufactured products
While inflation in food articles slowed to 11.5% from 13.24% in December ...
Hero’s production to fall 10% in February due to coronavirus outbreak
As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), Hero MotoCorp produced 5,215,413 units in the first nine months of the ongoing fiscal year. The company’s sales in the period dipped 16% to 4,946,508 units. Hero, however, clarified wholesale dispatches to dealers will remain unaffected during this period.
FRBM not breached in the union budget: Nirmala Sitharaman
The Centre had earlier said it was committed to reduce the fiscal deficit -- the gap between total expenditure and revenue -- to 3 per cent of Gross Domestic Product (GDP) by 2020-21 and eliminate the primary deficit as per the FRBM Act. The Minister was addressing a gathering of industry representatives and trade.
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
Gold imports dip 9% to $25 billion during Apr-Jan
Decline in gold imports has helped in narrowing India's trade deficit to $133.27 billion during April-January.
India clocks record foodgrain production in 2018-19
As per the final estimate for 2018-19 released by agriculture ministry, the country achieved record production of rice and wheat at 116.48 million tonnes and 103.60 million tonnes respectively. The production of coarse grains and pulses, however, are slightly down from 2017-18 at 43.06 million tonnes and 22.04 million tonnes.
Buy Tata Consumer Products, price target Rs 410: Kunal Bothra
The analyst suggested a stoploss at Rs 386 .
Parts running out, handset production in India could soon stop completely
Sourcing is not happening. So, after the first two weeks of March, there will be a shortage of devices.
F&O: Nifty trading range shifts to 12,000-12,400 zone
India VIX fell 1.86 per cent to the 13.62 level.
Coal India productivity up as retirees outnumber recruits
While a private mine contractor pays workmen Rs 15,000-25,000 a month, Coal India gives at least Rs 80,000.
Delay in Chinese supplies to see 30% drop in production
Most Chinese factories had set Monday as their reopening day after an extended Chinese New Year holiday due to the deadly coronavirus outbreak that has so far affected 40,000 people and claimed 900 lives. However, with several cities still under lockdown many of them have extended their holidays till February 17.
IEX likely to maintain momentum on low base, new product launches
IEX witnessed 51 per cent and 49 per cent increases in volumes in December and January.
US January industrial output falls on weather, Boeing drop
The Fed said manufacturing production fell 0.1% in January, matching forecasts, but December's manufacturing output was revised lower to a 0.1% gain from a previously reported 0.2% gain. Overall industrial output for December was revised downward to a 0.4% reduction from a previously reported 0.3% drop.
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