Indian Cotton Federation pegs 2018-19 crop at 373 lakh bales
The Indian Cotton Federation (ICF) has finalised the crop estimate for 2018-19 at 373 lakh bales with each bale weighing 170 kg. The federation recorded the …
Indonesia’s Inalum sells $4 billion in bonds to fund Freeport purchase
State-owned Indonesian miner PT Indonesia Asahan Aluminium (Inalum) sold $4 billion of bonds last week in its first-ever U.S. dollar bond deal to fund the …
India’s consumer price index (CPI) inflation remains below target in October 2018
In India prices of key food items from vegetables to sugar and pulses continue to run well below last year, keeping retail inflation below the central bank, …
India’s steel giants to focus on product mix, quality to take on ArcelorMittal
India’s two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant …
India’s industrial growth slips to 4-month low in September 2018
Industrial production grew at the slowest pace in four months at 4.5 per cent in September mainly due to poor performance of mining sector and lower offtake of …
India to export 8 lakh tonnes of sugar in 2018-19
India the world’s second largest sugar producer burdened with surplus stock, have contracted to export about 8 lakh tonnes of the sugar so far to …
India’s palm oil import dips on ample local supply
Despite slump in global palm oil prices – lowest in three years – India’s palm oil imports are unlikely to climb over November to January due to …
India rejects US warning that it has violated cotton MPS scheme
India has expelled a counter warning issued by the US claiming that New Delhi’s Market Price Support (MPS) for cotton has broken the allowed levels of …
UBS cuts India’s growth estimate to 7.3%
Swiss brokerage UBS has lowered India’s growth estimate to 7.3 per cent from the earlier 7.5 per cent, citing a likely deceleration in the second half of …
India launches gold bonds in efforts to curb imports, lower current account deficit
India is has launched its latest series of sovereign gold bonds as part of its efforts to curb imports of the precious metal and lower its current account …