Commodities rise as dollar stumbles
Global commodity prices staged a comeback this past week after the dollar failed to hold onto recent gains and rising stock markets helped to drive renewed …
Gold will continue to remain attractive for investors, post FOMC meeting: WGC
The upcoming Federal Reserve Open Markets Committee (FOMC) meeting on 20 March, 2019 is expected to confirm market expectations that the Federal Reserve (Fed) …
Pakistan military to play key role in developing giant Afghan copper and gold mines
Pakistan’s military is taking a key role in the development of one of the world’s biggest untapped copper and gold deposits, which is currently …
India’s trade deficit narrows to 17-month low in February 2019
India’s trade deficit narrowed to a 17-month low of $9.6 billion in February 2019 as merchandise imports fell on the back of lower crude oil prices. The …
Jindal Stainless says adopts future-proof data management platform
India’s largest stainless steel manufacturing group, Jindal Stainless has become one of the early organisations to migrate to BW/4HANA, one of the world’s …
Global diamond miners to cut production by a third in order to revive prices
A body representing eight leading global diamond mining companies has warned against excessive mining of the gem, saying this has led to a drop in the prices …
Subdued user demand may stifle rebound in steel production in India
After a slow start to the year, steel production in India picked up in February, rising 5.7% from a year ago. Data from the joint plant committee compiled by …
INTERVIEW – FIEO pitches for inclusion of jewellery products in e-commerce exports list
The Federation of Indian Exports Organisation (FIEO), India’s apex export promotion body has asked for an expansion of the list of items that will enjoy …
Mergers and consolidation to fuel upgrade China’s steel sector
Mergers and acquisitions will provide the impetus for sustainable transformation and upgrade of the iron and steel industry and leverage on gains from the …
OECD cuts global growth forecast over trade tensions, Brexit uncertainty
Trade tensions and political uncertainty, including Brexit, are weighing on the world’s economy, the Organisation for Economic Co-operation and Development …