rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
In 2015, India chemicals industry had a market size of $144 billion.
GAIL India's second quarter (Q2FY25) performance met expectations.
The blaze started after a massive explosion inside a boiler at a company named Ramedeo chemicals around 11.40 pm, an official said.
Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2024-25.
India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-run average.
Post-mortem examination reports of 10 Kuki-Zo youths killed in an alleged gunfight with CRPF in Manipur have revealed that they sustained multiple fatal bullet injuries, with most of them fired from behind. The reports also noted that the youths were in camouflage and khaki dresses when they were brought for autopsy. The incident has raised concerns about the circumstances surrounding the deaths and the ongoing ethnic violence in the state.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
The fire broke out after a blast at United Phosphorus Ltd's plant in Jhagadia GIDC industrial area, said inspector P H Vasava of the local police station.
'In case of shortage of other raw material, like filters and bags, one can try to develop another vendor. However, for chemicals as critical as adjuvants, this is not possible'
There is nothing specific announced for Chemicals Industry, however, reduction in customs duty
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
Sustained growth only if domestic manufacturing rises
'As the city grows, so do its fire incidents.'
Despite volume growth in the export segment and strong demand in the domestic market, pricing uptick is eluding Indian agrochemical companies.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
Tata Chemicals was the subject of renewed buying interest on Friday, consolidating on a recent rally in the scrip.
The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.
Instead of repeating the same study patterns, focus on creating a more efficient schedule that prioritises building a strong foundation in maths, physics and chemistry, advises Rohit Gupta, COO, College Vidya.
Jackfruit season heralds the arrival of its tasty stirfry on our tables or better as part of banana leaf meals
This is Styrene gas that affects the central nervous system, throat, skin, eyes and some other parts of the body, he said.
Forty years after the Bhopal gas tragedy, 377 tons of hazardous waste has been shifted from the defunct Union Carbide factory for its disposal, an official said.
The commerce ministry has recommended the continuation of anti-dumping duty on a Chinese chemical used in food and pharma industry with a view to guard domestic players from cheap imports. In a notification, the ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty were to be removed.
India may have to lean more on West Asian nations for supplies of liquefied petroleum gas (LPG), a cooking fuel, in the coming years after Indian state-run refiners drew up big plans to diversify into producing more profitable petrochemicals. This shift leads to reduced LPG output, Indian refining executives said. The mantra for state-run oil companies, from Indian Oil Corporation (IndianOil) to liquefied natural gas (LNG) importer Petronet LNG, which are looking to diversify their businesses from lower-margin fuels, has been value-added petrochemicals.
Hague-based Organisation for the Prohibition of Chemical Weapons was awarded the 2013 Nobel Peace Prize on Friday for its extensive efforts to eliminate chemical weapons.
Plumes of smoke could be seen billowing from the spot. A purported video of the aftermath of the explosion also surfaced on social media showing thick dense white smoke.
Autopsy reports of the victims of the Jiribam killings in Manipur have revealed brutal injuries, including multiple bullet wounds, severe trauma, and missing body parts. The reports, released on Wednesday, detail the horrific injuries suffered by the victims, including a 10-month-old infant, who had both eyeballs missing and a bullet injury to the knee. The killings, which took place in November, are part of the ongoing ethnic violence between Meiteis and Kuki-Zo groups in Manipur.
Foreign direct investment in India jumped 47.8 per cent to $16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at $10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to $5.85 billion and in June to $5.41 billion from $2.67 billion and $3.16 billion, respectively, in the year-ago period.
Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.
Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.
The National Commission for Protection of Child Rights with the Association of Voluntary Action, also known as Bachpan Bachao Andolan, led the crackdown at Som Distillery on Saturday, a release stated.
Reliance Industries' (RIL's) oil-to-chemicals (O2C) business is likely to remain under pressure for the remaining of the current financial year, according to analysts and company executives. "Management guides for softness for the next couple of quarters in both retail and O2C businesses," analysts at BOB Capital Markets noted in an after-results report on RIL. For the July-September quarter (Q2) of 2024-25 (FY25), RIL's O2C business reported a 5.1 per cent year-on-year increase in revenue to Rs 1.55 trillion.
The fall of the Assad regime that brutalised, tortured and killed thousands of innocent Syrians over the past half a century is a historic opportunity for the people of the country, outgoing United States President Joe Biden said on Sunday.
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy announced an ex gratia payment of Rs 1 crore each to the kin of those killed in the incident.
Her sister, who was 13 at the time, later told Sonia about the violence and killings of people from the Sikh community following former prime minister Indira Gandhi's assassination, she said in Delhi on Saturday at a press conference commemorating the 40th anniversary of the riots.
The Syrian Observatory for Human Rights had said those killed in the town of Khan Sheikhun, in Idlib province, had died from the effects of the gas, adding that dozens more suffered respiratory problems and other symptoms.
The Street will thus keep an eye on the operating profit margins over the next couple of quarters.
Chemical weapons from the Muammar Gaddafi era have been found in Libya and the new government has sought international help in securing them, National Transitional Council Prime Minister Mahmoud Jibril has said.
