Seoul, April 15 (IANS) South Korea added 206,000 jobs in March, topping the 200,000 mark for the second straight month, though weakness in youth employment and the manufacturing sector persisted, data showed on Wednesday.The number of employed people rose by 0.7 percent from a year earlier to 28.79 million last month, according to the data from the Ministry of Data and Statistics, reports Yonhap news agency.After slowing for two consecutive months, job growth had rebounded to the 200,000 range i…
Latest Manufacturing Sector News & Updates
New Delhi, April 12 (IANS) Bangladesh recorded 1.17 crore economic units in 2024, marking the lowest growth since 1996, according to a report in the local media.Between 2013 and 2024, the country saw a 50 per cent growth in the number of economic units, which was much lower than the 111 per cent increase in the previous decade, according to the final figures of the Economic Census 2024 by the Bangladesh Bureau of Statistics (BBS), the report in The Daily Star, based on the Economic Census, said….
New Delhi, March 30 (IANS) India’s industrial growth, based on the Index of Industrial Production (IIP), accelerated to 5.2 per cent in February this year, up from 4.8 per cent in January, propelled by a strong growth in the manufacturing sector, according to data released by the Ministry of Statistics on Monday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a robust 6 per cent growth during February compared to the same…
Lucknow, March 24 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath said on Tuesday that entrepreneurs are the backbone of the economy and ensuring their safety and dignity is the state government’s priority while launching the ‘Nivesh Mitra 3.0’. Launching the ‘Nivesh Mitra 3.0′ single-window system in Lucknow, the Chief Minister added that it will make the setting up of industries easier and more transparent due to investors’ growing trust in state’s potential as the leading investment desti…
New Delhi, March 23 (IANS) The healthcare sector received the highest number of cybersecurity attacks, with education and manufacturing sectors together accounting for nearly 47 per cent of all detections in India between October 2024 and September 2025, a report said on Monday.The report from Seqrite, the enterprise security arm of cybersecurity solutions provider Quick Heal Technologies Ltd., said that healthcare and pharmaceuticals alone recorded 3.79 million detections, a 14.24 per cent shar…
New Delhi, March 21 (IANS) China could move out of deflation but into a harmful form of ‘cost‑driven inflation’ as the Iran war pushes global energy prices higher, a new report has said.Rising oil costs are lifting production costs in China even while domestic demand remains weak, pushing companies into a space where they are unable to raise prices significantly, a report from EU-based Modern Diplomacy said.”Higher energy and raw material costs will likely squeeze profits further. Instead of p…
New Delhi, March 20 (IANS) The plug‑and‑play industrial development under the Bharat Audyogik Vikas Yojna (BHAVYA) could raise the share of manufacturing in India’s GDP to 25 per cent by 2032, experts said on Friday.ASSOCHAM President Nirmal K. Minda praised the BHAVYA model calling it a historic breakthrough in India’s manufacturing sector adding that a seamless, end-to-end ease-of-doing-business model, from approvals to operations, will meet the aspirations of New India and contribute to…
New Delhi, March 19 (IANS) India has a significant opportunity to expand its presence in the global sports goods market, with the potential to export equipment worth $8.1 billion and create millions of jobs over the next decade, according to a new report on Thursday.A study released by NITI Aayog said the country could generate up to 5.4 million additional jobs cumulatively by 2036, especially across micro, small and medium enterprise (MSME) clusters, if it taps into this opportunity effectively…
Hyderabad, March 3 (IANS) Telangana successfully met record peak power demand of 18,139 MW, the highest in the state’s history, officials said on Tuesday. The state power utilities successfully met the record demand, registered at 11:01 a.m. on Tuesday, without any interruption. This marks the highest peak demand ever recorded in Telangana’s history, stated Deputy Chief Minister Mallu Bhatti Vikramarka, who is also the Minister for Energy.He congratulated the senior officials and the ent…
New Delhi, March 3 (IANS) Prime Minister Narendra Modi on Tuesday said the world is actively seeking reliable and resilient manufacturing partners and “India has the opportunity to play this role strongly” amid shifting global dynamics.Addressing a post-Budget Webinar, focusing on the theme of “Sustaining and Strengthening Economic Growth”, PM Modi urged stakeholders to invest with confidence, adopt cutting-edge technology, make significant investments in research, and maintain global quality …