India's factory output growth slips; all eyes on RBI for rate cut

Last Updated: Tuesday, September 1, 2015, 11:02

Indian manufacturing growth eased in August as the pace of orders softened, forcing factories to cut selling prices at the fastest rate in more than six years.

China August factory activity shrinks at fastest pace in 3 years, services cool

Last Updated: Tuesday, September 1, 2015, 08:44

A reading over 50 points signals an expansion in activity while one below that mark indicates an contraction on a monthly basis.

FDI in railways: Three global cos bid for setting up loco factory

Last Updated: Monday, August 31, 2015, 23:02

Marking first major FDI offer in the railways, three global companies have submitted financial bids for setting up of a modern electrical locomotive factory in Madhepura in Bihar at the cost of nearly Rs 1300 crore.

Japan factory output turns down in July as China demand slumps

Last Updated: Monday, August 31, 2015, 08:27

Household spending also fell 0.2 percent in July after declining 2.0 percent in the previous month, the ministry said.

Japan factory output down 0.6% month-on-month in July: Govt

Last Updated: Monday, August 31, 2015, 05:52

Japan`s factory output fell 0.6 percent month-on-month in July, worse than market expectations, official data showed on Monday.

Samsung India to focus on domestic market

Last Updated: Tuesday, August 25, 2015, 13:41

Despite an export-ready factory at Noida for smartphones, Samsung India now wants to focus on the domestic market, where it is growing faster than the overall industry, anticipating a surge in demand for 4G devices in the near term, a top company official has said.

China manufacturing index tumbles to more than six-year low

Last Updated: Friday, August 21, 2015, 12:32

A key indicator of China's manufacturing activity slumped to a 77-month low in August, an independent survey showed today, fuelling concerns of further deceleration in the world's second-largest economy.

India's turn to become factory of the world: Chinese media

Last Updated: Tuesday, August 18, 2015, 22:43

It is now India's turn to emerge as the "factory of the world", according to an article in Chinese official media, citing the economic downturn in China forcing companies to turn to India for manufacturing.

Toyota says workers injured, factory lines shut in Tianjin

Last Updated: Monday, August 17, 2015, 11:24

The main Tianjin factory, which produces several models including the Corolla and Vios sedan, has about 12,000 employees and manufactured 440,000 vehicles last year.

Robot kills a worker in Manesar auto factory

Last Updated: Thursday, August 13, 2015, 11:24

A young worker in an auto ancillary company was killed by a robot when he was trying to fix a metal sheet that had got dislocated.

Weak oil prices, China worries drag Wall Street lower

Last Updated: Tuesday, August 4, 2015, 04:16

Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world`s second-biggest economy.

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.