Foxconn has launched its operations in India through its subsidiary, Ennoconn Corp, a Taiwan-based manufacturer specializing in Industrial IoT and hardware, with a focus on the country’s industrial automation and digital transformation sector. According to news reports, “Ennoconn has already established a company in Tamil Nadu and plans to introduce its products to the Indian …
OPEC+ recently announced that it will move forward with its scheduled oil production increase in April, a decision that comes after U.S. President Donald Trump once again urged OPEC and Saudi Arabia to lower oil prices. This will be the first production hike since 2022 for OPEC+, which comprises the Organisation of the Petroleum Exporting …
In his first speech to a joint session of the US Congress, President Donald Trump aimed India’s import duties, accusing the country of imposing tariffs that are detrimental to US businesses. Specifically, Trump pointed out that India levies automobile tariffs exceeding 100%. His remarks were part of a broader criticism of trade imbalances and unfair …
The tariff conflict that has intensified over the past few days has drawn attention to all sectors and the potential consequences such actions could have on them. According to a report from FTR Transport Intelligence, Class 8 trucks in North America may face a considerable increase in costs if the tariffs remain in place. The …
Mumbai, March 5 (IANS) About 93 per cent of women entrepreneurs exhibit a strong financial discipline, actively managing their finances, keeping meticulous records, and ensuring timely payments, a new report said on Wednesday. Women entrepreneurs believe that financial awareness and smart decision-making are vital to the success of their businesses. According to the report by …
New Delhi, March 5 (IANS) The total coal production from captive and commercial mines in the country for the financial year 2024-25 has jumped by 32.53 per cent to 167.36 million tonnes (MT) as of February 2025 from 126.28 MT during the same period of the previous financial year, according to official data released on …
The Ministry of Education has introduced the APAAR ID card, a digital identification card for students enrolled in both private and government institutions or universities across India. This card provides students with access to their academic records, degrees, and other relevant information online. The APAAR ID card serves as a permanent ID number that tracks …
India’s manufacturing sector is experiencing an exceptional transformation, backed by government policies aimed at strengthing the nation to global manufacturing leadership. At the heart of this revolution is the Production Linked Incentive (PLI) Scheme, a strategic initiative launched by the government to bolster innovation, improve efficiency, and boost competitiveness across key industries. A Vision for …
New Delhi, March 4 (IANS): India’s power consumption increased to 131.54 billion units (BU) in February this year, from 127.34 BU in the same month last year, according to official figures. The highest supply in a day to meet peak power demand also rose to 238.14 GW during the month compared to 222 GW in …
New Delhi [India], March 4 (ANI): The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector. The report highlights that NBFCs are deeply interconnected with banks, corporate bond markets, and mutual funds, which could amplify …
