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Industrial output soars to 19-month high of 4.7% in May

Last Updated: Friday, July 11, 2014, 18:15

Showing signs of recovery, industrial production grew at 19-month high of 4.7 percent in May due to improved performance of manufacturing, mining and power sectors and higher output of capital goods.

Economic Survey 2013-14: Govt to set up 16 NIMZs to boost manufacturing

Last Updated: Wednesday, July 09, 2014, 14:55

The government has announced setting up of 16 national investment and manufacturing zones (NIMZs) to boost economic growth.

Modi for big push to electronics manufacturing: Prasad

Last Updated: Tuesday, July 08, 2014, 22:48

The minister said he has cleared setting up of eight electronics manufacturing clusters (EMC) since he took charge of the Ministry in May.

Hero MotoCorp enters Colombia

Last Updated: Monday, July 07, 2014, 15:02

Two-wheeler major Hero MotoCorp Monday said it had forayed into South American country Colombia by commencing construction of its fully-owned manufacturing plant in the country.

India's manufacturing, services growth outpaced China in June: HSBC

Last Updated: Monday, July 07, 2014, 13:49

The HSBC Emerging Markets Index (EMI), a monthly indicator derived from Purchasing Managers' Index surveys, stood at 52.3 in June, up from 50.6 in May, signalling the sharpest rate of expansion since March 2013.

Nearly 1,800 new companies were set up in May

Last Updated: Sunday, July 06, 2014, 12:12

Data from the Corporate Affairs Ministry showed that 1,789 new companies were registered in the country in May 2014.

China's services sector booms in June, suggest economy steadying

Last Updated: Thursday, July 03, 2014, 10:56

Activity in China`s services sector expanded at its fastest pace in 15 months in June, a private survey showed on Thursday, reinforcing signs that the broader economy is stabilising.

Exports, manufacturing require Budget's focus: FIEO

Last Updated: Wednesday, July 02, 2014, 23:36

Reducing the cost of credit for traders and boosting exports as well as manufacturing require special attention in the forthcoming Budget 2014-15, exporters' body FIEO said Wednesday.

Apollo Tyres to invest $340 mn to upgrade facilities

Last Updated: Wednesday, July 02, 2014, 19:23

The board approved expansion of the truck and bus radial tyre capacity at the Chennai plant from the present 6,000 tyres per day to 8,900 tyres per day.

Govt to extend benefits of SEZ, NIMZ to industrial parks

Last Updated: Wednesday, July 02, 2014, 17:10

India has agreed to extend the benefits of special economic zones (SEZ) and National Investment and Manufacturing Zones (NIMZ) to the proposed industrial parks which would be developed in collaboration with China.

US manufacturing growth slips in June

Last Updated: Tuesday, July 01, 2014, 22:47

The US manufacturing sector grew at a slightly slower pace in June after hitting the year`s highest level the prior month, the Institute for Supply Management said Tuesday.

Sensex up 103 points on manufacturing growth, auto sales

Last Updated: Tuesday, July 01, 2014, 17:32

Rising for the third session, the benchmark Sensex Tuesday closed 103 points up at a two-week high after an uptick in manufacturing sector growth and signs of pickup in auto sales outweighed concerns of a poor monsoon.