Manufacturing Industry News
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Open cells used in TV manufacturing to attract 5% import duty from Oct 1
A 5 per cent customs duty will be reimposed on the import of open cell for TVs from October 1 following the end of one year exemption period, a finance ministry source said. The government had last year exempted customs duty on open cell, a kep…
Key component for TV manufacturing to attract 5% import duty from 1 Oct
2 min read. 20 Sep 2020 Gireesh Chandra Prasad Open cell panels are a key component for television manufacturing As part of 'Atmanirbhar Bharat' the govt is keen to expand domestic production capacity for open cell panels NEW DELHI: Open cell…
Week ahead: Manufacturing numbers, Brexit bills, crude oil inventories
Data releases this week will give markets further indications of how fast economies around the world are faring from the coronavirus, with one key word in mind: recovery. While FX traders will be digesting Brexit developments which saw the pound on…
5% custom duty on Open Cell from Oct 1 even as domestic TV manufacturing yet to pick pace
New Delhi, Sep 20: Government will put five per cent customs duty on Open Cell, a key component for television manufacturing, from October 1, 2020, as one year exemption given to it ends on September 30. The tax exemption on the key TV component…
UK manufacturers see little sign of 'V'-shaped recovery
LONDON (Reuters) - British manufacturers see no evidence of a 'V'-shaped recovery from the coronavirus pandemic underway and many are planning to slash investment, a business survey showed on Monday. The Make UK industry association and accountants…
Labor rift as Joel Fitzgibbon defies party on medium-term target for cutting emissions
Labor's resources spokesman Joel Fitzgibbon has declared Labor does not need to set a medium-term target for emissions reductions, defying party leader Anthony Albanese and contradicting its climate spokesman, Mark Butler. Albanese told the…
Ohio's energy industry primed to drive growth
In 1788, the same year as the ratification of the Constitution, settlers with the Ohio Company made their way into southeastern Ohio. The men and women who first crossed the Appalachian Mountains were pioneers, yes, but they were also the leading…
Analysis: Trump's race-baiting might come at a cost to his economy
(CNN) President Donald Trump's increasingly naked race-baiting heading into the final stretch of the 2020 campaign suggests he shares the consensus explanation for his grip on White working-class voters: it's about their racial resentments, not…
World factory' Dongguan industry sees boost from domestic and overseas orders
N95 face masks on a production line of KYD, an automatic mask machine factory in Dongguan, South China's Guangdong Province on Thursday. Photo: Wang Bozun/GT 'Dongguan traffic jam, global shortage' goes the widely known saying, referring to South…
Hydrogen to follow gas expansion in Morrison bid for net zero emissions
The technology road map will be aimed at creating a clean energy industry that can ship hydrogen to customers such as Japan and South Korea and building a new export industry to replace gas. But it will focus heavily on using carbon capture and…
Consolidate and refocus: Australian research needs a reset
The Australian university business model was seemingly robust, at least while it lasted. And it was a convenient one for governments, which took the opportunity to reduce Commonwealth support per student, such that public funding has declined as a…
Pandemic scrambles the local job market: Despite deep unemployment, some employers still can't hire fast enough
Fenning's two-track job search is emblematic of a local labor market unlike anything in recent memory. Overall, unemployment in Washington state remains painfully high: 8.5% as of August, with nearly 340,000 people still out of work. New jobless…
Capitalism isn't working anymore. Here's how the pandemic could change it forever
New York(CNN Business) Capitalism is in crisis. The pandemic could change it forever, in favor of workers and those in greatest need. Covid has put a magnifying glass over the many inequalities of the US economy and society. Millions of Americans…
Global Trade Returns Faster Than Expected
Global trade is rebounding much more quickly this year than it did after the 2008 financial crisis, lifting parts of the world economy and defying predictions the pandemic could send globalization into permanent retreat. When the new coronavirus…
3 Semiconductor Stocks to Buy if the Market Crashes
Investing in semiconductor stocks can be challenging. As with all things rooted in manufacturing, the fortunes of chipmakers are highly sensitive to supply and demand. After a rough go in 2018 exacerbated by the U.S.-China trade war, the industry…
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