Considering WPI prices as whole sale prices and the above data belonging to retail market prices, the differential in range of prices in the two indices are appreciated.
It must be recognised that the initial shock, disbelief and despair of the Covid 19 pandemic engulfing almost all the
segments in the country have gradually paved way for a perception that although there is no overnight solu
The values of vocational training are to be inculcated on an immediate basis in the pedagogy to enhance the worth of these candidates in the emerging segments of the economy.
The PMI for manufacturing went up to 56.8 in September’20 from 52.0 in August’20. The underlying factors contributing to PMI growth rest on increased new orders and production, rise in export order, enhanced cost of produ
If the current capacity is way below the requirement, there is an urgent case for capacity augmentation which requires fresh investment, either by the existing or new producers or by inviting FDI into the sector.
Technology transfer by setting up manufacturing facilities in India is the surest way of enhancing the indigenous manufacturing capability to become Atmanirbhar
Technology transfer by setting up manufacturing facilities in India is the surest way of enhancing the indigenous manufacturing capability to become Atmanirbhar.
The stringency index coined by Oxford University, measuring the relationship between the intensity of the lockdown and loss of economic activity, has put India in a comfortable position so far as fatality rate is concerned at
Make in India programme of the government comes in a full circle when the feasibility of import replacement was deliberated between steel and auto industry.
A sustained level of iron ore imports by China has led to rise in price of iron ore from $98.4/t CFR China in June beginning to $108.25/t CFR on July 17.
The view is sure to generate a whole lot of discussions and past references of similar tragedies, but the crisis of this dimension in terms of loss of humans, everyone would agree, had not taken place in the last one century.
India has firmly established itself as a net steel exporter in FY20 with total steel exports at 11.183 MT (31 % growth over last year) exceeding the total steel imports at 7.164 MT by 4.02 MT.
Coming back to the state of steel industry in the first 11 months of the current fiscal, it can be surmised that growth and health of the industry was reasonable. During this period, the crude steel production at 101.1 MT ros
The IIP data of January 2020 may be taken as a fair representation of the state of things in the industrial arena of the country prior to being hit hard by the coronavirus outbreak.
It is also traditionally true that in India the domestic market coverage is the first and foremost driver of steel capacity creation as catering to the export market in majority of the cases comes second.
There is another view that the composition of GDP among the three critical sectors — agriculture, industry and service — would determine the growth path of the commodity segments.
According to latest IMF economic outlook projection, the global economy is to grow by 3.4% in 2020, while Chinese GDP has been estimated to grow by 5.8%. With the outbreak of the recent crisis, Chinese economy may not achie