COMMENTARY – Growing scrap availability game changer for future of steelmaking
Last year around this time I wrote a blog arguing that growing scrap availability will potentially be a game changer for the future of steelmaking. In this …
India’s GDP seen up 7.4 per cent in the fourth quarter of fiscal 2018 — ICRA
Rating agency ICRA expects India’s economy to have grown by 7.4 percent in the January-March 2017-18 quarter against a 7.2 percent rise in the previous …
China plans to bring steel capacity down to below a billion tonnes by 2025 – report
China plans to lower its steel-making capacity to below one billion tonnes by 2025 by shutting down more outdated plants, as demand is expected to fall …
India drags U.S. to the world trade body over import duties on steel and aluminium
India has taken its dissatisfaction with the United States over the imposition of import duties on steel and aluminium to the next level by dragging the …
China says to stop probe into U.S. sorghum imports
China has decided to stop the anti-dumping and anti-subsidy investigation into imports of sorghum from the United States, the Ministry of Commerce said in a …
India-origin historic blue diamond auction exceeds expectations: sells for $6.7 million
A 6.16-carat blue diamond that originated in India and was secretly passed down through European royalty over three centuries has fetched $6.7 million at a …
Coal imports into India seen rising, despite government’s attempts to bring down imports of coal: CARE Ratings
Contrary to the Centre’s plan to bring down coal imports, industries are seen to be sourcing more coal from foreign countries in FY19. Among many reasons, …
India’s Wholesale Price Index rises to 4-month high at 3.18 per cent in April, 2018
India’s wholesale price inflation (WPI) rose to a four-month high of 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and …
Government of India withdraws duty free gold import for jewellery exporters
The Director General of Foreign Trade (DGFT) issued a public notice last week to discontinue duty free import of gold before exports. The move is meant to …
India’s trade deficit may reach 4-year high in FY19 – report
Continuing fall in the rupee against the US dollar will push India’s trade deficit up to a four-year high of $178.1 billion or 6.4 per cent of the …