Demand is unlikely to let up. Even with a declining birthrate, there were more than 3.6 million births in the United States in 2020. Global supply chain disruptions wrought by the pandemic have snarled the delivery of items as varied as medical devices, toys and Grape-Nuts. But perhaps no delays have provoked more familial angst… Continue reading What to expect when you’re expecting: Supply chain issues
Author: Economic Times of India Online News
Driving into 2022, road sector set for ‘better’ days with more highway stretches, new projects
While the pandemic ravaged many a sectors at different points of time in the last nearly two years, the road sector grappled with barriers but the progress in terms of national highway construction was stellar. ‘All weather terrain’ might well be a befitting description for the country’s road sector. Weathering the pandemic-induced twists and turns,… Continue reading Driving into 2022, road sector set for ‘better’ days with more highway stretches, new projects
Top metal companies helping India achieve net-zero emissions by 2070
From shifting to gas-based power plants to investing in green energy technologies, India’s top metal companies are helping India inch closer to the COP-26 target of achieving net-zero emissions by 2070. “Sustainability is no longer an option for big companies today. If companies don’t take it seriously now, it will start affecting the profitability and… Continue reading Top metal companies helping India achieve net-zero emissions by 2070
RUBBER-Japanese futures fall on higher output expectations
The Osaka Exchange rubber contract for May delivery was down 1.2 yen ($0.0105), or 0.52%, at 230.6 yen per kg as of 0100 GMT. BEIJING: Japanese rubber futures fell on Wednesday on expectations for higher output, as rains eased in main producer Thailand. The Osaka Exchange rubber contract for May delivery was down 1.2 yen… Continue reading RUBBER-Japanese futures fall on higher output expectations
Philippines lifts ban on new open-pit mines
The move sees the Philippine government reverse a ban imposed in 2017, when the then-environment minister blamed the sector for widespread ecological damage. Manila: The Philippines has lifted a four-year ban on new open-pit mines, an official said Wednesday, in a bid to revitalise the country’s coronavirus-battered economy slammed by activists as “short-sighted”. The move… Continue reading Philippines lifts ban on new open-pit mines
Miners Anglo, Vale in talks to jointly develop Serpentina iron ore mine
Vale’s disclosure on Tuesday came after a Bloomberg News report last week said the Brazilian miner was considering acquiring either a minority or majority stake in Minas-Rio, citing people familiar with the preliminary discussions. RIO DE JANEIRO: Anglo American confirmed on Wednesday preliminary discussions with Vale SA to potentially jointly develop the Brazilian miner’s Serpentina… Continue reading Miners Anglo, Vale in talks to jointly develop Serpentina iron ore mine
Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
Bajaj Auto announces a new EV manufacturing unit for India and exports at Akurdi (Pune); vehicles to roll out by June 2022 New Delhi: Homegrown two and three-wheelers manufacturer Bajaj Auto on Wednesday announced an investment of INR 300 crore (USD 40 Mn) unit at Akurdi for manufacturing Electric Vehicles. This unit will have a… Continue reading Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
FPIs’ net investments cross Rs 51,000 cr in 2021; more likely in New Year
With the global financial system still flush with liquidity, emerging market assets, especially equities, might well remain the preferred investment avenue for many more months to come, experts opined. Waves of foreign portfolio investments worth over Rs 51,000 crore splashed into the Indian market in 2021 as overseas investors turned net buyers of domestic securities… Continue reading FPIs’ net investments cross Rs 51,000 cr in 2021; more likely in New Year
NTPC plans to rope in strategic investor for its clean energy arm NREL
The plan also includes sale of its stake in NTPC-SAIL Power Company (NSPCL). State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy (NREL) ahead of its listing on bourses in October 2022, according to a senior official. The listing of NREL is part of the… Continue reading NTPC plans to rope in strategic investor for its clean energy arm NREL
India seen breaking ranks with peers on unwinding easy monetary policy
Reserve Bank of India Governor Shaktikanta Das, who last year called for a coordinated policy response to the pandemic, this month cited risks from Omicron for continuing support to the economy despite calls from a colleague for abandoning the accommodative bias India’s central bank will likely go slow on normalizing its monetary policy settings, breaking… Continue reading India seen breaking ranks with peers on unwinding easy monetary policy