The Maharashtra government has in-principle accepted a new ambitious and comprehensive textile policy that envisages setting up of textile hubs at an investment of Rs 80,000 crore in five years, according to media reports. BJP MLA ...
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
Russia has extended its food imports ban to Albania, Montenegro, Liechtenstein and Iceland in response to Western sanctions over the Ukraine crisis. The country already banned food imports from the US, Canada, Norway, Australia and 28 ...
Tags: food imports ban, meat, dairy products
South Korean automotive giant Hyundai Motor’s India unit has shelved its plan to export Creta SUV from September to November-December to cater to the domestic demand. The carmaker, which aims at boosting output to 7,000 units a ...
India's annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 4.05 per cent for July 2015 (over July 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: WPI-Based Inflation, Inflation
Laminating and coating machines producer Lacom will introduce at ITMA 2015, a new generation machines for the treatment of flexible substrates. According to a Lacom press release, the key feature of the system is that hotmelt's are not ...
The Taiwan Cabinet or its executive ministry plans to spend roughly NT$36 billion (US$1.16 billion) over the next nine years on its “Productivity 4.0” project beginning this year, with the aim of boosting the island's total ...
Tags: Productivity 4.0, 4.0 standards
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Automotive giant Ford has flagged off F-650/F-750 medium-duty trucks at Ohio assembly plant in the US, which was previously manufactured in Mexico. Ford The Americas president Joe Hinrichs said: "Our investment in Ohio Assembly Plant ...
Tags: Medium-Duty Trucks, pickup truck
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
Using grain bins as a marketing strategy has a lot of appeal this year, as the farm markets hover at or below cost-of-production levels. Some farmers choose to use storage to help capture higher cash basis prices later in the season or to ...
Tags: Grain Storage, soybeans
The Beijing Government in China is taking a call on investment worth tens of billions of yuan to bolster its alternative energy auto sector as part of a national strategy for coordinated development of Beijing-Tianjin-Hebei area. ...
Tags: New-Energy Cars, imported vehicles
Housewives compare prices every day, including Zhang Ming, a 60-year-old retired woman who frequents a supermarket in Beijing's Fengtai district. On Sunday morning, she spent 45 yuan ($7.30) on 1 kg of pork fillet. "It's amazing ...
Tags: Pork, vegetables
The first rapid plug-in car chargepoint, capable of charging vehicles in around 30 minutes, was flagged off as part of the Eden project in Cornwall in the UK. The charging facility, which is among 16 being installed in the county, was ...
Tags: plug-in car, Plug-in vehicles
The emissions from compressed natural gas (CNG)-run buses have the potential for causing cancers in human beings due to the presence of ‘nanocarbon’ particles. This has been revealed by a study conducted by Council of ...
Tags: CNG Vehicles, natural gas