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49,000 MSMEs shut down in 10 years rendering 300,000 people jobless

According to the Ministry of Labour and Employment, the estimated unemployment rate for people aged 15 years and above was 4.2% in 2020-21, 4.1% in 2021-22, and 3.2% in 2022-23.Read more

Focus on Downstream Aluminium in India

The sector has proactively adopted strategic initiatives to boost its capabilities and economic impact.Read more

Dow India bags two awards from Great Place To Work

The recognition in this category reflects the significant strides made over the years as a collective group in building growth, resilience, and stronger culture in the workplaceRead more

CDSCO shuts down 36% of drug manufacturing units for failing quality standards

India has around 10,000 pharma manufacturing units, of which nearly 80 per cent are micro-small and medium-scale facilities. Read more

Jindal Stainless BSE shares down by 2.89 % despite input in Navy’s SMART system

The company informed that the product could withstand high pressure and temperature during flight.Read more

India's plastic exports surge 5.6% in March 2024; but down by 3.5% in FY24

The cumulative value of plastics exports during April 2023 – March 2024 was $11,550 million, as against $11,967 million during the same period last year, registering a decline of 3.5 per cent.Read more

Bhavika Plastek cut down on annual carbon emissions by 430 tons

In a strategic move towards sustainability, Bhavika Plastek made a significant environmental commitment in 2020 by installing a state-of-the-art 311 KW solar plant at its manufacturing facility in Hyderabad.Read more

India implements 5 yrs anti-dumping duties on Chinese imports

These measures were instituted based on the findings of the Directorate General of Trade Remedies (DGTR), an investigative arm of the commerce ministry.Read more

Vedanta Aluminium joins International Aluminium Institute (IAI)

Vedanta Aluminium is also India’s largest producer of the metal, manufacturing 2.29 million tonnes of aluminium in FY23, nearly 60% of the nation’s aluminium.Read more

Hyperloop One shuts down amid contract failures and asset liquidation

Headquartered in Los Angeles, the company, known for achieving the world's first passenger ride on a super high-speed levitating pod system in 2020, will liquidate its remaining assets.Read more

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