World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 137.1 million tonnes (Mt) in April 2020, a 13.0% decrease compared to April 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production […]
A forecast for rain promised much-needed relief to dry soils in the U.S. plains, improving wheat crop prospects this season. After Beijing announced new national security legislation for Hong Kong after last year’s pro-democracy unrest, soybean markets sagged on concerns about export demand. U.S. President Donald Trump warned that Washington would react “very strongly” against […]
In a major move, the US Senate has overwhelmingly approved legislation that could lead over 800 Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. to be barred from listing on American stock exchanges amid increasingly tense relations between the world’s two largest economies. The bill called the Holding Foreign Companies Accountable Act, […]
The government’s move to end Coal India’s monopoly in coal mining by allowing commercial miners in the sector may not attract the requisite participation from domestic and global entities as fuel demand currently is subdued while CIL production is more than sufficient to meet the domestic coal demand. According to a research report from Emkay […]
In 2018 Rabo Foundation launched a tech-led educational program targeting marginalized farmers in India in partnership with Syngenta Foundation. Rabo Foundation finances the toolkits and the educational materials for the farmers, while Syngenta Foundation trains agricultural entrepreneurs. Many farmers in India are very marginalized. They only speak the local language, haven’t been to school, and […]
China should diversify its soybean supply to prevent over-reliance on the US, with the risk of Washington breaking the trade war truce amid worsening ties with Beijing over Covid-19, according to two Chinese scholars, South China Morning Post reports. admin
Tomato prices in consuming centres of Delhi, Bengaluru and Hyderabad fell below three-year lows, in the range of Rs 4-10 per kg on Friday in the wholesale markets on higher arrival, according to official data. The prices had ruled at Rs 14.30 per kg on May 22 last year at the Azadpur wholesale mandi in […]
The Centre and key mineral producing states are likely to incur a revenue loss of up to Rs 12,000 crore in FY21 due to lower coal and mineral consumption during the coronavirus lockdown, a KPMG report said. “As per our estimates, the top five mineral producing states are likely to see an impact of around […]
In addition to the benefit of borrowing costs being reduced in the light of the liquidity enhancement resulting from the monetary steps unveiled by the RBI, the state governments can now withdraw funds from the reserves kept by them with the RBI to meet exigencies. The relaxation of withdrawal norms for the so-called consolidated sinking funds […]
Mr S K Malhotra, Agriculture Commissioner, Ministry of Agriculture and Farmers Welfare, Govt of India today said, “Maize, known as Queen of cereals is the most important crop after rice and wheat.” Addressing a webinar on ‘Covid Impact on Maize Value Chain – Challenges and Prospects’ organized by FICCI, Mr Malhotra said, “Farmers are happy to cultivate maize, if there is […]
