manufacturing
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Business
Karnataka inks MoU with Tata Group for First of Its Kind R&D Facility in India
Bengaluru: The Government of Karnataka and Tata Group companies of Air India and Tata Advanced Systems Limited (TASL) signed an MoU (memorandum of understanding) on Monday for an investment of Rs 2,300 Crore which is estimated to create about 1,650 direct employments. The agreement was signed in the presence of Siddaramaiah and Large and Medium Industries Minister MB Patil at…
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World News
China Witnesses Threefold Increase in Labour Protests, Reports Show
Labour protests in China have surged, particularly in the lead-up to the Lunar New Year, escalating threefold in the fourth quarter of 2023 compared to the same period in 2022, according to data from Freedom House’s China Dissent Monitor. The monitor recorded 777 labour protests from September to December 2023, compared to 245 in the corresponding period of the previous…
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Business
“India’s GDP soars with 7.6% growth: Discover the driving force behind the fastest-growing major economy”
India’s economy experienced a 7.6% growth in the September quarter of this fiscal , largely due to better performance in manufacturing, mining, and services sectors. The GDP expanded by 6.2% in the July-September quarter of 2022-23, making India the fastest-growing major economy. The agriculture sector’s GVA growth decelerated to 1.2% in the September 2023 quarter, while the construction sector saw…
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Money
Axis Mutual Fund Introduces Manufacturing Fund
Axis Mutual Fund unveiled its latest offering on Wednesday – the ‘Axis India Manufacturing Fund.’ Scheduled to kick off on December 1, 2023, and run until December 15, 2023, the open-ended equity scheme is set to be benchmarked against the Nifty India Manufacturing TRI. The fund’s primary objective is to achieve long-term capital appreciation by strategically investing in companies operating…
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