'Make in India' taking shape, foreign companies showing interest: FinMin

Last Updated: Thursday, August 6, 2015, 23:14

"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.

Karbonn to invest Rs 800 crore in manufacturing

Last Updated: Wednesday, August 5, 2015, 15:49

Domestic handset manufacturer Karbonn Mobiles on Wednesday said it had earmarked Rs.800 crore for investment in manufacturing over the next three years.

Asus to contract manufacture smartphones in India

Last Updated: Tuesday, August 4, 2015, 15:25

Taiwanese handset maker Asus will start contract manufacturing in India soon, having identified the country as one of its top three smartphone markets, thanks to its mobile phone subscriber base of a whopping 980 million, a top official has said.

Gold closes in on 5-1/2-year low as US rate worries weigh

Last Updated: Tuesday, August 4, 2015, 07:06

Gold dropped for a third session in four on Tuesday, closing in on a 5-1/2-year low, with selling pressure supported by expectations that the Federal Reserve is set to raise interest rates this year.

Oil dives 5% to six-month low under $50 on China worry

Last Updated: Tuesday, August 4, 2015, 04:47

Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.

Oil suffers second day of steep sell-offs

Last Updated: Tuesday, August 4, 2015, 02:01

Oil prices dived Monday, with Brent crude tumbling about five percent, after new data showed weakening US and Chinese manufacturing and amid worries about the global supply glut.

Permit FDI in e-retailing: Manufacturing associations to Govt

Last Updated: Monday, August 3, 2015, 22:24

Three associations from textiles, MSME and gems and jewelery sector have asked the government to permit foreign direct investment (FDI) in e-retailing.

Manufacturing growth hits 6-month high, hiring still sluggish

Last Updated: Monday, August 3, 2015, 16:29

The Nikkei India Manufacturing PMI -- a composite indicator of manufacturing sector performance -- rose to 52.7 in July from 51.3 in June, logging a six-month high, indicating an improvement in business conditions.

Nikkei India manufacturing PMI hits 6-month high in July

Last Updated: Monday, August 3, 2015, 10:37

As per the survey, growth of new export business orders accelerated in July and was the most pronounced in five months. However, outstanding business orders got accumulated for the second month running.

Asian stocks mostly down as China manufacturing slows

Last Updated: Monday, August 3, 2015, 09:17

Shanghai was down 1.71 percent, Tokyo lost 0.48 percent, Sydney eased 0.46 percent and Hong Kong dropped 0.84 percent. Seoul was 0.90 percent lower.

China July factory activity shrinks most in 2 years

Last Updated: Monday, August 3, 2015, 08:36

The final, private Caixin/Markit China Manufacturing Purchasing Managers` Index (PMI) dropped to 47.8 in July, the lowest since November 2011, from 49.4 in June.

73% of biz leaders creating demotivating work environment: Survey

Last Updated: Sunday, August 2, 2015, 16:58

India can become a world-class manufacturing destination, but there is an acute deficit of "impactful leaders" in this sector and a vast majority of 73 percent business leaders were creating a "demotivating work environment", according to global consulting firm Hay Group.