Tuesday , September 17 2024

Business

Consumer goods production to decline in 2022-23 despite rise in IIP

Consumer Goods Production To Decline In 2022 23 Despite Rise In

[ad_1] New Delhi: Recently released data on the Index of Industrial Production (IIP) shows that consumer durables performed poorly in 2022-23 as compared to the previous year. Comparing FY2023 with the pre-Covid output, the performance of consumer goods seems to be getting worse. However, the production of consumer goods is …

Read More »

Rethinking privatization of public sector banks

Rethinking Privatization Of Public Sector Banks

[ad_1] New Delhi: The government may soon take a big decision regarding the privatization of public sector banks. A panel will be constituted for privatization of public sector banks. This panel will decide the names of the banks that will be privatised. In April 2021, NITI Aayog had recommended privatization …

Read More »

Qualcomm ties up with OEMs to reduce costs

Qualcomm Ties Up With Oems To Reduce Costs

[ad_1] Global fabless chip maker Klarcom Inc is currently working with original equipment manufacturers (OEMs) to bring down the cost of 5G smartphones. The company is trying to bring a phone with a fair amount of additional features at a price of around $90 (Rs 7,000-8,000). High volumes to attract …

Read More »

Tesla executives to come to India for diversification

Tesla Executives To Come To India For Diversification

[ad_1] According to media reports, a group of senior executives of US EV car giant Tesla Inc is considering a visit to India this week. The purpose of the visit is to hold discussions with government officials and explore opportunities to expand the carmaker’s supply chain outside China. Company officials …

Read More »

Controversial Go First seeks emergency arbitration

Controversial Go First Seeks Emergency Arbitration

[ad_1] Indian airline Go Airlines has said it requires immediate enforcement of an arbitration order in Delaware in its dispute with engine maker Pratt & Whitney. The airline has said this to keep itself in business. Go First blames the Raytheon Technologies-owned engine maker for its financial troubles and recent …

Read More »