Global platinum demand may grow 5% this year: WPIC
Global demand for platinum is set to increase by 5 per cent to 7,740 Kilo ounce ( koz) in 2019, the World Platinum Investment Council (WPIC) said in its latest …
Trump says to end preferential trade status for India; New Delhi shrugs off threat
In what could impact India’s $5.6 billion worth of exports to the US, President Trump has said the United States may end India’s preferential trade …
TABLE – Changes in Indian custom tariffs
The Indian government announced the following changes to various commodities as under: TABLE-1 Sl. No. Chapter/ heading/ sub-heading/tariff item …
India’s idea of mining moon for Helium-3 might soon become a reality by 2025
European scientists have announced plans to start mining the moon as early as 2025, though what they’ll be extracting is neither gold nor diamonds, but …
India’s GDP grows at 6.6% in third quarter of FY2019
India’s Gross Domestic Product (GDP) grew a lower-than-expected 6.6 per cent in the October-December period, the lowest in five quarters, dragged by lower …
India’s core sector growth slows down to 1.8% in January 2019
Growth of eight core sectors in India slowed down to 1.8 per cent in January due to fall in output of crude oil, refinery products and electricity, official …
India’s third quarter (Q3) GDP likely to be 6.7%: State Bank of India report
India’s gross domestic product (GDP) is likely to grow at 6.6-6.7 per cent in the third quarter and 7.2 per cent for the full financial year, the State …
India’s domestic steel firms set to hike prices by Rs 1,000 a tonne from March 1, 2019; third rise since February 2019
Prompted by strong demand growth in the domestic market, steel producers are set to hike product prices by Rs 1,000 a tonne from March 1. This will be the …
Global steel output in January fell 1% year-on year; China up 4.3%, India down 2% – worldsteel
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 146.7 million tonnes (Mt) in January 2019, a 1.0% …
Production cut by Vale SA to benefit Indian iron ore and steel producers in short term: Ind-Ra Ratings
The recent revocation of the mining licence of Vale SA for the Brucutu mine in Brazil will be favourable for domestic iron ore miners and steel producers in …