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ICCI-PwC Strategy & Survey reveals optimistic India Manufacturing Barometer

ICCI-PwC Strategy & Survey reveals optimistic India Manufacturing Barometer

Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, Government of India, recently unveiled the 4th edition of the FICCI-PwC Strategy& India Manufacturing Barometer (IMB) survey, which as in previous years, reveals that India continues to remain an economic bright spot. As per the United Nations, the world economy expanded by only 2.2 per cent in 2016 — the slowest growth rate since the 2009 recession. The outlook for the Indian economy and its core sectors continues to remain upbeat

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CREDAI protests cement price hike, seeks Centre’s intervention

CREDAI protests cement price hike, seeks Centre’s intervention

The Confederation of Real Estate Developers’ Association of India (CREDAI) has sought government intervention to check rising cement prices. The entity said that the spike could “create unnecessary roadblocks and impediments” in achieving the goal of ‘Housing for All’ by 2022. Cement prices have witnessed a sudden jump of 20-40 per cent over the past two months across the country, says CREDAI.

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Minister wants Big Data analytics & application centre for steel producers

Minister wants Big Data analytics & application centre for steel producers

Chaudhary Birender Singh, Minister for Steel, Government of India, has called for primary and secondary steel producers to “come together” to establish a ‘Big-data Analytics & Application Centre for Steel’ with the objective of pooling resources and information available with all steel companies and analysing the collated data. He was addressing a gathering of top executives from the steel industry at the ‘India Steel 2017’ conference which was recently organised by FICCI in Mumbai.

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Railway Minister inaugurates first SFTO rake carrying steel coils

Railway Minister inaugurates first SFTO rake carrying steel coils

Sudanshu Pathak, Vice President, Steel Manufacturing, Tata Steel, who ceremonially flagged off the rake from Tata Steel Jamshedpur, lauded this long-awaited initiative of Indian Railways, Tata Steel and TMILL resulting in an efficient and sustainable outbound logistics solution for Tata SteelÂ’s finished products.