International Finance

Tag : manufacturing

July - August 2018MagazineTrading

The impact of Chinese imports on the Indian tyre market

International Finance
2018 has proven to be an interesting year already for Apollo Tyres, one of the biggest tyre manufacturers, following the rise of India’s GDP, the entry of low-cost Chinese imports and anti-dumping imports. Apollo Tyres’ vice-chairman and MD Neeraj Kanwar gives us insights to the company’s performance in existing market conditions...
Economy

China’s service sector expands at a rapid pace

Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...
Economy

‘China’s shift to services not good in long run’

The country is going through premature deindustrialisation, say experts Suparna Goswami Bhattacharya August 3, 2016: Of late, China has been less in the news for its ‘slowdown’. Economic activity in the country has stabilised in recent months, mostly on the back of the property market rally and strong infrastructure investments. But, there is another challenge...
Economy

India to be among top five in manufacturing by 2020

Interestingly, China may be dislodged by the US from the number one position Suparna Goswami Bhattacharya May 23, 2016: That India is known for its information technology services globally is widely accepted. But the country is also ready for the next phase of growth in manufacturing. According to a report by Deloitte, India is projected to...
Economy

Saudi Arabia moving away from oil

The Saudi government is making all efforts possible to increase share of the manufacturing industry Suparna Goswami Bhattacharya January 27, 2015: One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is...
Economy

Germany’s industrial production plummets in May

Latest official data reflect grim tidings of independent reports that said business conditions were less rosy than painted, reports Team IFM Wiesbaden, July 10, 2014: Germany, the Euro zone’s largest economy, saw its industrial production go down at its quickest clip in two years in May, challenging government claims that the economy was fast on...
Economy

UK: A bounceback in June is possible

According to key surveys, business order books are at high levels. July 9: The UK manufacturing output numbers for May are remarkably soft. Rather than rise 0.4%MoM as expected by the market, which seemed fully justified on the basis of the CBI industrial trends numbers and the manufacturing purchasing managers’ indices, it actually fell 1.3%MoM....