Latest Machinery News & Updates

Quetta, July 2 (IANS) The Baloch Liberation Army (BLA) has claimed responsibility for 23 operations across several parts of Balochistan over the past 10 days targeting Pakistani forces that resulted in the death of 16 security personnel and injuries to several others. In a statement issued to the media, BLA spokesperson Jeeyand Baloch said that the operations conducted between June 21 and 30 targeted security forces, infrastructure, and vehicles associated with what the group described as “explo…

Seoul, June 9 (IANS) The South Korean economy grew at the fastest pace in more than five years in the first quarter, supported by strong exports and solid domestic demand, central bank data showed on Tuesday.The real gross domestic product (GDP) rose 1.8 percent in the January-March period from the previous quarter, 0.1 percentage point higher than the earlier estimate, according to preliminary data from the Bank of Korea (BOK), reports Yonhap news agency.The reading marked the strongest quarter…

New Delhi, May 21 (IANS) US-India trade is entering a high‑growth phase and could reach $500 billion by 2030 driven by stronger supply chains, technology collaboration and deeper integration across manufacturing and services, a report said on Thursday. The report from KPMG in India and AMCHAM said bilateral trade has expanded steadily in recent years, with India’s cumulative exports to the US reaching $87.3 billion in FY26, accounting for 20 per cent of total merchandise exports.Electronics,…

New Delhi, May 5 (IANS) India and Canada began the second round of negotiations for a bilateral free trade agreement, with the two sides aiming to seal the deal by year-end. The five-day talks in New Delhi come on Monday ahead of the Commerce and Industry Minister Piyush Goyal’s scheduled visit to Canada at the end of this month to accelerate the momentum of the economic engagement as the two countries target increasing bilateral trade to $50 billion by 2030. “The attempt is to fast-track talks …

New Delhi, April 27 (IANS) The Confederation of Indian Industry (CII) on Monday said that New Zealand’s commitment to facilitate $20 billion in investment over 15 years is expected to catalyse the development of industrial infrastructure, manufacturing ecosystems, and innovation clusters across India.Hailing the signing of the India–New Zealand Free Trade Agreement (FTA), the apex industry chamber said that the FTA’s provision of 100 per cent duty-free access for Indian exports is expected…

Gwalior, March 24 (IANS) With the harvesting of Rabi crops such as wheat, gram, mustard, and lentils already underway in Madhya Pradesh, Chief Minister Mohan Yadav has appealed to farmers not to burn crop residue after harvesting, as this reduces soil fertility. Yadav said the state government has started providing Happy Seeder machines to beneficiaries for straw production. He added that farmers can sell the fodder to nearby gaushalas, enabling them to earn additional income along with their wh…

New Delhi, March 21 (IANS) The Centre, on Saturday, introduced major modifications to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aimed at improving credit access and supporting growth in the micro, small and medium enterprises sector, the Ministry of Finance said.Launched in January 2025, the scheme provides 60 per cent guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to member lending institutions for loans of up to Rs 100 crore extended to elig…

Seoul, March 10 (IANS) The South Korean economy expanded 1 per cent in 2025 amid strong exports but posted negative growth in the fourth quarter, central bank data showed on Tuesday.The country’s real gross domestic product (GDP) — a key measure of economic growth — contracted 0.2 per cent from the previous quarter in the October-December period, compared with its earlier estimate of a 0.3 per cent contraction, according to the preliminary data from the Bank of Korea (BOK).It marked the countr…

New Delhi, Feb 28 (IANS) Nearly 360 companies have migrated from the SME platforms of the NSE and BSE to the mainboard exchanges, reflecting the growing maturity of India’s small and medium enterprises, a new report said on Saturday.The data compiled by B2K analytics said that 199 companies from the BSE SME platform and 158 companies from the NSE Emerge platform are now listed on the mainboards.Migration refers to the process through which a company shifts its securities from the SME exchange …

New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that the interim trade deal between India and the United States is likely to become operational in April this year.Meanwhile, a three-day meeting between Indian and US officials to finalise the legal text for the interim trade agreement will begin in the US on February 23.The minister also said that India’s free trade agreements (FTAs) with the UK and Oman are likely to be implemented in April, while in the case …