The most divisive mining project in recent Australian history can finally break ground after the state of Queensland cleared the final regulatory hurdle on Thursday for Adani Group’s Carmichael coal mine. The approval of the project’s groundwater management marks the end of an almost 10-year wait, during which the proposed mine faced steady resistance by environmental groups. Local […]
Rapaport has published a report stating that diamond markets are under pressure as profit margins have tightened and the trade war with China has fueled uncertainty. The international firm revealed that the RapNet Diamond Index, known as RAPI, for 1-carat plus diamonds fell 0.7 per cent in May and is down 1.7 per cent since […]
As the international natural gas trade continues to develop, Asian economies will drive global demand growth over the next five years, according to a new report from the International Energy Agency (IEA). Global natural gas demand is coming off a record year after growing 4.6% in 2018, the fastest annual pace of growth since 2010, […]
By Ritwik Sinha As you take the left turn after crossing Manesar on the Delhi-Jaipur highway towards Panchgaon and drive down for more than a kilometer, the covered tall structures visible from a distance hardly give you the impression of being a serious lab for alternative farming. But when you reach the spot, the place […]
While the performance of domestic steelmakers is likely to be lower in the first quarter of the current financial year as compared the previous year due to several headwinds, the construction sector will be at the forefront of demand recovery in the second half, according to investment information and credit rating agency ICRA. The new […]
Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020, the World Bank said, adding that growth in emerging market and developing economies is expected to stabilize next year as some countries move past periods of financial strain, but economic momentum remains weak. Emerging and […]
If you had followed our Akshaya Tritiya advice to buy gold, you would have certainly been richer today. Spot gold prices are up by around 3% since then, but even if you missed the run then it may not be too late to buy. The stars are lining up for a further rally, perhaps stronger […]
It would seem that even the gods are conspiring against the poor Indian farmer. If one year of scanty monsoon was not bad enough already, a delay in the arrival of the seasonal rains this year is going to hit them harder. Typically, the monsoon rains set in over southern India by end-May, but it […]
One of the brightest spots in the Bharatiya Janata Party (BJP)-led government’s tenure has been India becoming the world’s fastest-growing energy market, fuelled in no small measure by an ambitious renewable energy program. Yet, the conundrum is that 15 of the world’s country most-polluted cities are also in India—a dubious distinction that can only become […]
India will surpass China to become the world’s largest cotton producer in 2019-20 season, according to latest estimates from the US Department of Agriculture (USDA). India’s cotton production during the season is forecast to increase by 3-million-bales to 28.5 million bales, while China is likely to produce 27.75 million bales. One bale is equivalent to […]
