India’s mountains of plastic waste grow as pandemic disrupts fledgling recycling firms

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It was only about a year ago that Nikhel Morris and his wife Somali Kothari quit their city jobs to plunge into a venture close to their hearts — recycling plastic and rubber wastes into fuel. It made perfect sense as India imports the majority of its fuel needs. At the same time the country struggles to recycle plastic and rubber […]

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World’s top rice exporter India expects shipments to be unchanged this fiscal despite port problems

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World’s leading rice supplier India expects exports to remain unchanged this fiscal from last year, notwithstanding a port congestion following a covid-induced lockdown. “In April and May, vessels were not available. But the impact of the pandemic on logistics is subsiding and exports have started picking up,” Vinod Kaul, executive director of All India Rice Exporters […]

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Rural sector leads India’s green shoots of economic recovery – report

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India’s beleaguered economy, led by the rural sector, is seeing green shoots recovery after easing of the covid-induced nationwide lockdown, according to the Confederation of Indian Industry (CII). Unlike previous years when recessions were triggered by the failure of monsoon, the current year stands in complete contrast  when the June-September seasonal rainfall is expected to […]

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Interview – India’s NCML to align with larger food space for quick leap in business

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National Collateral Management Services Ltd. (NCML), India’s largest private firm in post-harvest agri-commodities management business, is now seeking to expand its ambit and partner with food companies in providing them back end management support, its Managing Director and Chief Executive Officer Siraj Chaudhry said. He told indoasiancommodites.com in an interview that the company, with its […]

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World steel output fell 7% year-on-year in June due to pandemic; China up 4.5%, India crashed 26% – worldsteel

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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease compared to June 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 […]

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Global steel output fell 8.7% year-on-year in May; India tumbled 39%, China up 4.2%

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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 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 […]

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