India’s Tata Steel CEO says prices to ease in Q2

NEW DELHI, July 25 (Reuters) – India’s Tata Steel Ltd (TISC.NS) expects lower steel prices in the July-September quarter in India and Europe, aided by a fall in the prices of coking coal, a key raw material, its chief executive and managing director said on Tuesday. “In India, the Q2 …

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IMF: India’s rice restrictions could fuel food price inflation

WASHINGTON, July 25 (Reuters) – India’s move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday. Gourinchas told a news conference that India’s restriction would have a similar effect of the …

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Indian skipper Kaur suspended by ICC for Code of Conduct breaches

July 25 (Reuters) – India captain Harmanpreet Kaur will miss two international matches and be fined 75% of her match fee following two breaches of the International Cricket Council’s (ICC) Code of Conduct, the sport’s governing body said on Tuesday. The 34-year-old also received three demerit points on her disciplinary …

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IMF raises India’s FY24 forecast to 6.1%

The International Monetary Fund (IMF) bumped up India’s growth forecast for FY24, citing strong domestic investment while cautioning that the global economy is not “out of the woods” yet and that the world’s battle against inflation is far from over. The multilateral lender expects India to clock 6.1% growth in …

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