Tag Archives: COM

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 …

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 …

[1/2]Rotten apples are seen on a tree at an apple orchard, in Sopore, north Kashmir, September 13, 2019. Picture taken September 13, 2019. REUTERS/Francis Mascarenhas/ NEW DELHI/SRINAGAR, July 24 (Reuters) – India’s apple production is expected to nearly halve this year after heavy rains and flash floods wiped out about …

NEW DELHI, July 21 (Reuters) – Indian renewable energy company ACME Group said on Friday it raised 40 billion rupees ($487.98 million) in fresh funding from infrastructure finance firm REC (RECM.NS), to start its green hydrogen and ammonia project in Oman. The money will be used for the first phase …

[1/2]National Disaster Response Force (NDRF) personnel and other volunteers climb up a mountain to reach the site of a landslide at a village in Raigad, in the western state of Maharashtra, India July 20, 2023. REUTERS/Francis Mascarenhas MUMBAI, July 22 (Reuters) – The death toll from a landslide in India’s …

BENGALURU, July 21 (Reuters) – Reliance Industries (RELI.NS), India’s most valuable company, reported a wider-than-expected drop in first-quarter profit on Friday, as its flagship oil-to-chemicals (O2C) business was hurt by weak demand and a steep fall in refining margins. Reliance’s O2C business is still its main growth engine that powers …

MUMBAI, July 21 (Reuters) – India’s decision to ban non-basmati white rice exports will spur traders to cancel contracts to sell around 2 million metric tons of the grain, worth $1 billion, on the world market, dealers said on Friday. India, which accounts for 40% of world rice exports, on …