Mahindra & Mahindra, the country’s largest tractor maker, is witnessing strong demand for tractors in the middle of the festive season. Operating at over 100% capacity and yet having pending orders, the company has decided to divert production meant for exports to meet the local demand, M&M’s Farm Equipment Sector (FES) chief executive, Hemant Sikka, … Read more
India posted a trade deficit of $2.91 billion in goods in September, data released by the government showed on Friday. Merchandise imports contracted 19.60% in September to $30.31 billion from a year ago while exports rose 5.27% to $27.40 billion, data from the Ministry of Commerce and Industry showed. Total merchandise imports fell by 40.06% … Read more
New Delhi: Bajaj Auto on Thursday reported a 10 per cent increase in its total vehicle sales at 4,41,306 units in September. The Pune-based automaker had sold a total of 4,02,035 vehicles in September 2019. Total two-wheeler sales in September stood at 4,04,851 units as compared to 3,36,730 units in the same month of 2019, … Read more
By Prathamesh Mallya In September, natural gas prices on the NYMEX and MCX have declined by approximately 29 per cent. The fall in natural gas prices has a lot to do with the demand and supply which is a very intrinsic factor which decides the price trajectory of the commodity. Moreover, the fall in the … Read more
New Delhi: The government on Tuesday allowed exports of certain non-woven fabrics used to make masks and coveralls with a view to push outbound shipments. However, export of melt blown fabric of any GSM (grams per square metre) continues to be banned. A notification dated July 13 was amended “to the extent that only melt … Read more