Pakistan's ongoing power crisis just added to the problem. Frequent and longer outages and higher energy costs have driven many out of business. This has rendered losses of USD 70 billion to the textile industry alone, reported Asian Lite International.
New Delhi [India], February 11 (ANI/NewsVoir): JK Lakshmi Cement recorded an increase in Net Sales by 25 per cent to Rs. 1488.53 Crore in Oct-Dec.22 from Rs. 1193.41 Crore in the corresponding Quarter Oct-Dec.21. In spite of unabated rise in fuel prices, JK Lakshmi Cement improved its profit
According to Dawn, a clear roadmap on external financing and domestic budgetary steps, coupled with substantial energy cost adjustments, should have led to sharing of a draft Memorandum of Economic and Fiscal Policies (MEFP) by the visiting IMF mission wit the authorities at least a day b
Berling [Germany], September 4 (ANI): The German government on Sunday agreed to a Euro 65 billion plan to help residents amid skyrocketing energy costs and inflation after Russia cuts off its gas supply to Europe.
New Delhi [India], July 19 (ANI): Faced with rising prices of active pharmaceutical ingredients (APIs), and other key inputs coupled with a rise in freight and energy costs, the operating profitability of Indian pharmaceutical companies is expected to decline by 200-250 basis points (or 2.5
Rome [Italy], July 13 (ANI/Xinhua): Italian Prime Minister Mario Draghi on Tuesday said he plans to announce a series of measures aimed to reduce the impacts of the worsening economic situation caused in part by rising energy costs.
Seoul (South Korea), July 11 (ANI/Xinhua): South Korea logged a trade deficit in the first 10 days of this month due to faster growth in imports than export, caused by higher energy costs, customs office data showed Monday.
Umargam (Gujarat) [India], July 9 (ANI/PNN): Mumbai-based SolarTech startup PowerMitra, India's leading Solar aggregation platform, launched the first-of-its-kind Small and Medium-sized Enterprises (SMEs) SolarTech Summit Series in the country on July 7 from the industrial town of Umargam
Washington [US], July 9 (ANI): With energy costs rising, and the rapidly emerging effects of burning fossil fuels on the global climate, the need has never been greater for researchers to find paths to products and fuels that are truly renewable.
Mumbai (Maharashtra) [India], May 11 (ANI/PNN): Specialty Chemicals company LANXESS made a strong start to the year 2022. In the first quarter of 2022, EBITDA pre exceptionals increased considerably and amounted to EUR 320 million, 32.2 per cent higher than the previous year's figure of EUR
New Delhi [India], May 7 (ANI): Power-cuts have ever been synonymous with summers in India, but to provide respite from such blackouts, renowned portable power and renewable energy provider 'EcoFlow' has recently come up with the launch of its Smart Home Panel, under the company's DELTA Pro
Glasgow [UK], November 2 (ANI): Prime Minister Narendra Modi on Tuesday backed the 'One Sun, One World and One Grid' initiative at COP26 here in Glasgow, saying that it will not only reduce storage needs but also enhance the viability of solar projects.