Sunday 19th November 2017
  • Solar panel prices may fall in early 2018 as US weighs anti-dumping duty; China FIT incentives come to an end

    Indian solar project developers facing the brunt of rising panel prices can breathe a sigh of relief in the coming months as the United States and India plan to impose anti-dumping duties on Chinese solar module and panel manufacturers by December-end that could positively impact the industry. The development could be further aided by closure of incentives provided under the Feed-In-Tariff regime of China to the panel manufacturers. All put together the industry could be in for a good surprise in 2018 after going through a tough phase where aggressively bid projects failed to progress as desired. The solar panel prices have risen around 10-15% in the last six months on higher raw material prices and greater demand in China. The tier-1 module prices rose to around 40 cents/WP (watt peak), when they were expected to stay in the sub-25 cents/WP range. As per industry estimates, prices were expected to fall to below 25 cents as per the trend of 2 cents fall in previous several quarters. On the contrary the prices rose, due to large scale demand in China and increase in raw material prices. Read On ..

  • The Men's Innerwear Story!

    The domestic men's innerwear market in India is going through an exciting phase. While leading domestic innerwear players are trying to eat into the large unorganised sector, major foreign brands are gearing up to eat a larger slice of the premium and ultra premium pie. Read On ..

  • Government of India interested only in increasing its revenues, say MSMEs; Demonetization and GST double blows to the sector

    The findings of a latest survey amongst Micro, Small and Medium Enterprises (MSMEs) has confirmed the hardships undergone by this sector following demonetization and the implementation of the Goods and Services Tax by the government. The survey conducted by the All India Manufacturers’ Association (AIMA) which represents the interests of MSMEs, indicates a gloomy picture for the sector. Read On ..

  • Now an index for the MSMEs

    CRISIL and SIDBI come together to launch CriSidEx, a sentiment index for MSMEs Small and medium sector industry lender Small Industries Development Bank of India (SIDBI) and rating agency CRISIL have entered into a Memorandum of Understanding (MoU) to launch CriSidEx, India’s first Sentiment Index for Micro, Small and Medium Enterprises (MSME). This new index will indicate the current state and expected outlook on the vast and fast growing MSME sector of the country every quarter. The MoU was signed by Ms Ashu Suyash, Managing Director and Chief Executive Officer, CRISIL Ltd., and Mohammad Mustafa, Chairman and Managing Director, SIDBI in Mumbai on Monday. The main objective of this Sentiment Index is to provide crucial insights into employment, business environment and foreign trade, both the organizations said. Read On ..

  • Low wind tariffs artificially created; tariffs likely to bounce back in FY19: Experts

    The drop in wind energy tariffs to Rs 2.64/kWh in the latest round of auctions by SECI are seen as an artificially created due to higher inventories of around 4000 MW at the factory and the project level according to experts. The wind tariffs were aggressive at Rs 3.46/kWh in the first round and are even more aggressive at 2.64/kWh which would be difficult to sustain over the next year as more and more states get included in the auctions apart from Tamil Nadu and Gujarat which have much better wind profile. Read On ..

  • Standalone restaurants, Localization (Italian Jain food anyone?) & Healthy foods among trends in Indian F&B!

    From haute cuisine to the mundane, the delectable and scrumptious to the low-calorie and heart healthy, from innovative to downright quirky, food is getting a total makeover. Localisation remains the mantra and across the country, cuisines, heavily customised, are in demand. Fresh, exotic produce, grown for the first time in India, thanks to some pioneering efforts, are opening up exciting possibilities in the culinary world and have got some of India’s top chefs visibly excited. Innovation and creativity, of course, remain central to a menu’s success. Change is in the air. Read On ..

  • KOLKA: Building Fortunes on Growing Hairlines

    Believe it or not, the human hair extension products market is estimated to be $500 billion and is growing at a fast pace of 20 per cent per annum. Hold your breath. QY Research Ltd has put the figure at an even higher level- $1.400 billion. And then without putting any specific figure, another leading global market research firm- Mintel said, while weaves can range in prices from $20 to $10,000, it is no surprise that weaves alone is a multi-billion dollar lucrative business. Read On ..

  • Sresta Natural Bio bets big on Rs 400 cr organic foods biz

    Organic foods market in India is estimated to be over $0.50 billion (nearly Rs 400 crore) and is projected to treble in the upcoming years, reaching up to $1.36 billion over the next four years (by 2020). Overall, the organic foods segment in the country witnessed an estimated 25 per cent to 30 per cent growth in the recent years and is now set to grow 50 per cent year on year. Indians are increasingly demanding healthier food and the government –both at the national level and at state levels are pushing for and supporting organic farming by all means. As a result of all these, organic farming is also on the rise in the country. Read On ..

  • One year of demonetisation: Digital transactions gather pace but still a long way to go!

    The demonetisation exercise of last year that rendered Rs 500 and Rs 1000 bank notes invalid came as a big boost for digital payments. Be it banks or insurance companies, these sectors experienced customers making a bigger shift to the digital mode of transaction in the past one year. Read On ..

  • Paradise Papers: A guide to the major revelations

    Hundreds of journalists have begun publishing articles based on a massive document leak from companies that administer offshore accounts. The files, dubbed the Paradise Papers, reveal a vast financial network - beyond the reach of most governments - maintained by the world's wealthiest people. They include commerce secretary Wilbur Ross, Queen Elizabeth of the UK, and a close advisor to Canadian prime minister Justin Trudeau. More big names are expected later this week. Here is a guide to the major revelations thus far.

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