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Auto forging: Looking for a technological renaissance
India is lagging behind in terms of innovation and the country is still dependent on foreign machines to manufacture forgings.Read more
“Water meter is the most important device of any pipe lineâ€Â
As we all know that decreasing level of groundwater and overall crisis of drinking water is knocking doors of the world, and situation is going bad to worst day by day Read more
India's GDP growth speeds up at 7.7% in Q4FY18
The improvement in growth appears to be broad-based, with both consumption and investment showing improvement, says CrisilRead more
Existential crisis looms over container freight stations this fiscal year
Surging share of direct port delivery (DPD), especially at the Jawaharlal Nehru Port Trust (JNPT), means growth in the container freight station (CFS) industry in India would be facing an existential crisis sooner than later, starting with flatlining of revenues this fiscal.Read more
Highway project awards surges 70% to all-time high
Awarding of highway construction projects rocketed 70% to an all-time annual high in fiscal 2018, spanning ~7,400 km and valued at Rs 1.2 lakh crore, data from the National Highways Authority of India (NHAI) showed.Read more
Vehicle scrappage new policy, unlikely to perk up demand significantly says CRISIL
The much-awaited vehicle scrappage policy has received a go-ahead from the Prime Minister’s Office and is awaiting approval from the Goods and Services Tax (GST) Council. As per the draft policy released by the Ministry of Road Transport and Highways (MORTH) on May 26, 2016, vehicles older than 15 years were eligible for benefits under the scrappage scheme.Read more
CRISIL, SIDBI launch India’s first MSE sentiment index
The Union Minister for Finance and Corporate Affairs, Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises(MSEs) developed jointly by CRISIL and SIDBI. CriSidEx is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive).Read more
