Mercator has reported total production of coal for the month of September 2018 at 183,485 MT, which is record production level from the present mines. With this, the company has already achieved approximately 50% of its annual coal production guidance of approximately 2 million MT for FY19. Additionally, the company has focused its efforts on … Read more
The company’s production of UV & SUV stood at 1,122 units Force Motors has reported the production, sales and export of the products manufactured by the company during the month of September 2018. The company’s production of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) stood at 1,268 units and Utility Vehicles (UV), Sports … Read more
The quarterly steel production saw a 46% growth during Q2 FY 2019, while the quarterly steel sales traced a steeper curve by recording a rise of 53% Jindal Steel and Power (JSPL) has posted its highest ever domestic quarterly steel production and sales in Q2 FY 2018-19. The company recorded a crude steel production of … Read more
OPEC members have agreed on a combined increase in crude oil output of one million barrels per day despite strong opposition from Iran. The actual increase will be smaller as several countries are unable to raise output. This was confirmed by the oil minister Saudi Arabia Khaled al-Faleh after the cartel’s meeting in Vienna on … Read more
The industrial growth, based on Index of Industrial Production (IIP), was 3.2 per cent in April last year. The IIP for March this year has been revised upwards to 4.6 per cent from 4.4 per cent estimated earlier. As per the data released by the Central Statistics Office (CSO), the manufacturing sector which accounts for … Read more
