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Spainish Textile Major To Start Production In Bengal From December: Mamata Banerjee

Tempe Grupo Inditex (Zara), a Spain-based textile major, is expected to start production in West Bengal before Christmas, Chief Minister Mamata Banerjee said. The state government would provide 100 acres of concessional land, besides all other support to the company, Banerjee, ...

India's Defence Production Soars More Than $12 Billion For First Time

India's defence production rose more than 12% last fiscal year and crossed the 1 trillion rupee ($12 billion) threshold for the first time, the government said on Friday, as the country tries to reduce its reliance on imports from countries such ...

Boeing Loses USD 425 Mn But Plans Production Boost For Max

Boeing lost USD 425 million in the first quarter - more than Wall Street expected - but said Wednesday that it plans to boost production of its best-selling plane later this year. Revenue rose 28 per cent from a year earlier, ...

MG Motor India Posts 5 Pc Decline, In Retail Sales In July

MG Motor India on Monday reported a 5 per cent decline in retail sales at 4,013 units in July as production impacted by supply chain constraints. The company had registered retail sales of 4,225 units in the same month last year. ...

Libya Oil Production Falls, After 2 Crucial Fields Shut Down

Libya's national oil company said Sunday that an armed group has shut down two crucial oil fields, causing the country's daily production of oil to drop by 330,000 barrels. The state-run National Oil Corporation said the group closed pump ...

Increasing Production, Enhancing Raw Material Security Focus Areas For Steel Sector in '2022'

Increasing per capita steel consumption and production of special steel as well as enhancing raw material security will remain the key focus areas of the government in 2022. Minister of State (MoS) Faggan Singh Kulaste said the focus will also be ...

Industrial Production Rises to 11.5%, Base Effect Propels Numbers

Industrial production rose 11.5% in July mainly due to a low-base effect and robust manufacturing and mining performance. A bulk of the weightage comes from industrial production, which rose grew 10.5% in July. As the government has said in ...

Petrol Rises Above Rs. 70 In National Capital On Tightening Supply Expectations

On the expectation, that crude oil supply might be tightened, petrol and diesel prices have inched higher for the fifth consecutive day, rising 37-40 paise and 49-53 paise, respectively in the country. In the NCR, petrol has for the first time ...

India’s Tea Industry Says High Production And Exports In FY 2018

The Tea industry in India has recorded the high level of production as well as exports during fiscal 2018. The total tea production in the country was estimated to be 1325.05 million kilograms, a surge of 74.56 million kilograms as ...

Sugar Production Output Likely To Rise In 2017-2018 Says ISMA

The Indian Sugar Mills Association (ISMA) in its recent release has stated that until April 30, 2018, sugar mills have produced 310.37 lakh tons of sugar in the current season. Around 130 sugar mills are still operating, majorly in U.P., ...

Indian Sugar Mills Association Says Sugar Production Up By 42%

The Indian Sugar Mills Association (ISMA) said that the sugar industry in the country had produced 230.5 lakh tonnes of sugar between October 1, 2017, and February 28, 2018, as against 162.45 lakh tonnes during the same period last year, up ...

Egg Prices Jump 40% To Rs 7.5 A Piece

Egg prices have jumped by up to 40 per cent to Rs 7-7.50 per piece in retail markets in most parts of the country, hit by tight supply, Poultry Federation of India President Ramesh Katri said on Monday. The upward trend ...

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