The earnings of Indian steel manufacturers such as JSW Steel, Tata Steel, etc, are likely to rise in the coming months as prices of coking coal, a prime raw material, are expected to dip as China has put a ban on Australian coking coal. Softer coking coal prices shall directly support EBITDA per tonne accretion of around […]
Global pepper market is witnessing a grim scenario with no demand seen in the past two weeks as the coronavirus outbreak impacts its prices in Europe and the US. As it is the demand has fallen by 6-8 per cent in 2020. This could fall further with COVID-19 as it spreads to key markets of […]
India’s real GDP growth in the 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said. The latest GDP data for the July-September quarter showed a significant further moderation in the pace of economic growth […]
