Engineering exports declined by nearly 16 per cent to USD 4.5 billion in June, due to weak demand in western markets like the US and Europe. In June last year, these exports stood at USD 5.3 billion,

India's industrial output grew at a slower pace in June, hobbled by weak investment at home because of policy inaction and a drop in export orders from the United States and Europe, a Reuters polls showed on Tuesday.

Indicating a persistent slowdown in the economy, industrial production has declined by 1.8 per cent in June mainly due to poor show by manufacturing and capital goods sectors.

Planning Commission on Thursday expressed disappointment over decline in industrial output by 1.8 per cent in June, while hoping the steps announced by Finance Minister P. Chidambaram would help in

India needs to focus more on manufacturing in order to achieve GDP growth more than 6.5 per cent, Reserve Bank of India has said.

The manufacturing sector has the scope for creating jobs for million

Shrinking export orders and sluggish output dragged Indian manufacturing growth in July down to its weakest pace since last November, a business survey showed on Wednesday.

The HSBC manufacturing Pur

Rapid wage increases are threatening China's competitiveness, but improved productivity and other advantages mean it will continue to attract investors, analysts say.

Labour costs in China would matc

The clearance of the proposed National Policy on Electronics (NPE) is expected to bring in investments of around USD 1 billion in the mobile phone segment during the next three years.

"We estimate th

China's economy grew 7.6 per cent in the second quarter of 2012 from a year earlier, its slowest pace in three years, confirming expectations of a downward trajectory that leaves full-year growth on c

Economic growth across emerging markets eased in the second quarter of 2012, dragged down by lacklustre manufacturing sector activity, especially in China and Brazil, an HSBC survey showed on Wednesda