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Tag Archives: TOPCMB

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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India suspends another drugmaker’s license over tainted cough syrup

[1/2]The World Health Organization (WHO) logo is seen near its headquarters in Geneva, Switzerland, February 2, 2023. REUTERS/Denis Balibouse/File Photo NEW DELHI, July 25 (Reuters) – India has suspended a drugmaker’s manufacturing license after the World Health Organization flagged contamination in its cough syrups found in the Marshall Islands and …

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India’s Reliance misses profit view as oil-to-chemicals business drags

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 …

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