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Tech

Taiwan multinational Foxconn will be manufacturing the iPhone 15 Plus

FDI In Manufacturing Sector Up 76% Due To PLI Schemes: Secretary, DPIIT

Economy

Sectors for which PLI schemes have seen an increase in FDI inflows from FY 2021-22 to FY 2022-23 are drugs and pharmaceuticals, food processing industries and medical appliances

Coal Production Up 16.39% To 607.97 MT

Economy

CIL reports coal production of 479.05 MT up to December of FY 23 as compared to 413.63 MT during the same period of FY 22

India's Domestic Raw Coking Coal Production May Touch 140 MT By 2030

Energy & Infra

These blocks may be offered in subsequent rounds of sale for the private sector to further step up domestic raw coking coal supply in the country

RINL's Forged Wheel Unit In UP To Be Commissioned By Oct: Minister

Visakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up the plant at a cost of around Rs 1,680 crore with a production capacity of one lakh pieces of forged wheels per annum.

NABARD's Loans Rise 25.2 % To Reach Rs 6 Lakh Crore In FY21

The National Bank for Agriculture and Rural Development (NABARD) also said its balance sheet size reached Rs 6.57 lakh crore as on March 31, 2021, most of which is on account of non-idle (earning) assets that, in turn, helped create private and public investments at the ground level.

Maruti Reports 58 % Increase In July Production At 1,70,719 Units

Production of utility vehicles -- Gypsy, Ertiga, S-Cross, Vitara Brezza and XL6 -- increased to 40,094 units last month from 19,130 units in the corresponding month of 2020.

High GST, Acquisition Cost Slowing Down Car Demand, Says MSI Chairman

Production and sales again dropped and the recovery that had started in the previous quarter suffered a set-back. Q1 sales were limited at 3,53,600 units

IFFCO Signs MoU With NFL, RCF To Transfer Liquid Nano Urea Technology Without Any Royalty

The MoUs and other related agreements were signed in the presence of Minister of Chemicals & Fertilisers Mansukh Mandaviya and Minister of State for Chemicals & Fertilisers Bhagwanth Khuba.

Expecting Pick-Up In Demand, Ceat Lines Up Investments To Scale Up Production

The Mumbai-headquartered company currently exports tyres to about 80 countries and revenues from these shipments account for around 12-13 per cent of the company's overall revenues.

Govt Sets Up 25-Member Development Council For Cement Industry

The council's functions also include promoting or undertaking inquiry as to materials and equipment and as to methods of production, management and labour utilization, including the discovery and development of new materials, equipment and methods.

Steady As A Rock

Hindalco’s acquisition of Aleris Corporation in April 2020, through its subsidiary Novelis Inc., cemented the company’s position as the world’s largest flat-rolled products player and recycler of aluminium.

Chhattisgarh Steel Plant Demerger To Be Completed In Q3: NMDC

Companies & Markets Sector Reports Steel

NMDC produced 34.15 million tonnes and sold 33.25 million tonnes of iron ore during the financial year 2020-21.

India's Crude Output Slips 6.3% In May, Gas Production Jumps

Energy & Infra Oil and Gas

Crude oil production at 2.43 million tonne in May was 6.32 per cent lower than 2.6 million tonne output in the same month last year

Blocked And Chained Entertainment Industry; Freed By ‘Blockchain’

Dr. S.S. Mantha