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India's Industrial Output Grows 5% In April Due To Power, Mining Sectors
India's industrial production grew 5 per cent in April this year mainly due to good show by mining and power sectors, according to official data released on Wednesday.
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Tesla To Top $9 Billion Spending Target In 2023 As It Rolls Out New Models
Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric vehicle maker ramps up output at its factories and gears up to roll out new models.
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Factory Output Rises 4.2% In April As Manufacturing, Mining Sectors Shine
India's industrial production growth rose to 4.2 per cent in April from 1.7 per cent in March 2023, mainly due to good performance by the manufacturing and mining sectors, according to official data released on Monday.
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Factory Activity Hits 4-Month High On Robust Demand: Report
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook.
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Industrial Output Falls To 4.3% In December
However, there was improvement on an annual basis as the factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1 per cent in December 2021.
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iPhone Maker Foxconn Says Output at Largest China Plant Recovering Despite Revenue Drop
Foxconn said on Thursday that output at its iPhone manufacturing plant for iPhones at Zhengzhou in China had "basically returned to normal". The iPhone assembler also revealed that the company's December revenue was down 12.3 percent year-on-year, and the announcement comes months after it was hit by disruptions at the factory over workers' wages a...
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Opinion: How Safe Is India's Economy? What's Working - And What Isn't
It's not immediately obvious that the global slowdown has also arrived in India: Investments in factories, roads, and other fixed assets are just shy of 35% of domestic output; they haven't been this high in 10 years. Loan demand is growing so fast t
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iPhone Factory Workers Protest at Foxconn Plant Hit by COVID-19 in China
Protests broke out at Foxconn's flagship iPhone plant in China over contract disputes amid anti-virus controls. The trigger for the protests appeared to be a plan to delay bonus payments, many of the demonstrators said on livestream feeds. Foxconn said in a statement it had fulfilled its payment contracts and that reports of staff with COVID-19 liv...
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iPhone 14 Output in China Reduced by Apple Over COVID-19 Restrictions
iPhone 14 production has been temporarily reduced at the company's assembly plant in China, the company said on Sunday. The facility is operating at reduced capacity, the company said. The move will significantly impact Apple's quarterly sales and make it harder for consumers to get their hands on Apple's high-end models. The iPhone 14 Pro assembly...
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India's Factory Growth Picks Up Pace, Hiring At 33-Month High
India's factory activity expanded at a stronger pace in October as demand and output remained solid, encouraging firms to hire workers at the fastest pace in nearly three years.
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Asia's Factory Output Weakens On Global Recession Fears, China Covid Curbs
Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening recovery prospects.
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Output Of Apple iPhones Could Fall 30% As Covid Restrictions Hit Major China Plant: Report
Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
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September Factory Activity Slows To 3-Month Low As Demand Eases: Report
The factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed.
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Manufacturing Growth Stayed Strong In August, Inflation Eases
Factory activity in India grew robustly again in August as an improvement in demand and easing input cost inflation boosted output and buoyed business confidence, a private survey showed.
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Factory Growth Hits 8-Month High As Easing Price Pressures Lift Demand
The factory activity in India expanded at its quickest pace in eight months in July, driven by solid growth in new orders and output as demand continued to improve on the back of easing price pressures, a private survey showed.
-
India's Industrial Output Grows 5% In April Due To Power, Mining Sectors
India's industrial production grew 5 per cent in April this year mainly due to good show by mining and power sectors, according to official data released on Wednesday.
-
Tesla To Top $9 Billion Spending Target In 2023 As It Rolls Out New Models
Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric vehicle maker ramps up output at its factories and gears up to roll out new models.
-
Factory Output Rises 4.2% In April As Manufacturing, Mining Sectors Shine
India's industrial production growth rose to 4.2 per cent in April from 1.7 per cent in March 2023, mainly due to good performance by the manufacturing and mining sectors, according to official data released on Monday.
-
Factory Activity Hits 4-Month High On Robust Demand: Report
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook.
-
Industrial Output Falls To 4.3% In December
However, there was improvement on an annual basis as the factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1 per cent in December 2021.
-
iPhone Maker Foxconn Says Output at Largest China Plant Recovering Despite Revenue Drop
Foxconn said on Thursday that output at its iPhone manufacturing plant for iPhones at Zhengzhou in China had "basically returned to normal". The iPhone assembler also revealed that the company's December revenue was down 12.3 percent year-on-year, and the announcement comes months after it was hit by disruptions at the factory over workers' wages a...
-
Opinion: How Safe Is India's Economy? What's Working - And What Isn't
It's not immediately obvious that the global slowdown has also arrived in India: Investments in factories, roads, and other fixed assets are just shy of 35% of domestic output; they haven't been this high in 10 years. Loan demand is growing so fast t
-
iPhone Factory Workers Protest at Foxconn Plant Hit by COVID-19 in China
Protests broke out at Foxconn's flagship iPhone plant in China over contract disputes amid anti-virus controls. The trigger for the protests appeared to be a plan to delay bonus payments, many of the demonstrators said on livestream feeds. Foxconn said in a statement it had fulfilled its payment contracts and that reports of staff with COVID-19 liv...
-
iPhone 14 Output in China Reduced by Apple Over COVID-19 Restrictions
iPhone 14 production has been temporarily reduced at the company's assembly plant in China, the company said on Sunday. The facility is operating at reduced capacity, the company said. The move will significantly impact Apple's quarterly sales and make it harder for consumers to get their hands on Apple's high-end models. The iPhone 14 Pro assembly...
-
India's Factory Growth Picks Up Pace, Hiring At 33-Month High
India's factory activity expanded at a stronger pace in October as demand and output remained solid, encouraging firms to hire workers at the fastest pace in nearly three years.
-
Asia's Factory Output Weakens On Global Recession Fears, China Covid Curbs
Asia's factory output weakened in October as global recession fears and China's zero-COVID policy hurt demand, business surveys showed on Tuesday, adding to persistent supply disruptions and darkening recovery prospects.
-
Output Of Apple iPhones Could Fall 30% As Covid Restrictions Hit Major China Plant: Report
Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
-
September Factory Activity Slows To 3-Month Low As Demand Eases: Report
The factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed.
-
Manufacturing Growth Stayed Strong In August, Inflation Eases
Factory activity in India grew robustly again in August as an improvement in demand and easing input cost inflation boosted output and buoyed business confidence, a private survey showed.
-
Factory Growth Hits 8-Month High As Easing Price Pressures Lift Demand
The factory activity in India expanded at its quickest pace in eight months in July, driven by solid growth in new orders and output as demand continued to improve on the back of easing price pressures, a private survey showed.
