The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars (approximately Rs 25 billion) and the country figures among the top 15 economies most affected as slowdown of manufacturing in China disrupts world trade, according to a UN report. Estimates published by United Nations Conference on Trade and Development on Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains.
The domestic steel prices may fall by up to Rs 3,000 a tonne after June, if the rates if coking coal decline in the global market, Steel Secretary P K Rastogi said.
With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.
The Indian steelmaker, which bought the Mozambique project with Australia-listed Riversdale Mining, sees the mine as essential in ensuring it has a sustainable supply of coking coal.
The Australian government has supported a proposal from Indian steel companies for acquiring equity stakes in coking coal companies and coking coal properties in the country.
A look at the top tweets from your favourite Bollywood celebrities.
Calcined petroleum coke maker Rain Calcining on Friday said it has completed the process of acquiring US-based CII Carbon for about 595 million dollars in cash.
Come summer and the cola wars have taken off this time on a different colour, literally.
Mature markets globally have either become saturated or have slowed down. The emerging markets have therefore become strategically important for these companies. The contribution of Indian operations to the global sales of these multinational behemoths is still small -- 1.5 to 3 per cent -- but this share is bound to grow given the buoyancy in the Indian market.
Inflation rose to 3.79 per cent for the first week of the New Year from 3.50 per cent during the previous week even as prices of some essential food items like vegetables and fruits fell.
Rahul Gandhi treated teachers from Kanyakumari to a 'special Delhi dinner' and won their hearts.
Politics, bureaucracy, ineptitude, double-standards and an attempt to politicise the fight in pseudo-nationalistic terms have all hampered the fight against this deadly virus, says Vir Sanghvi.
AB de Villiers has said the Indian Premier League (IPL) should do away with large fines for slow over rates and shorten innings breaks to 10 minutes
Dosa. Coke. Bacardi. No, we're not talking about food, beverage or alcohol.
Concerned over rising coking coal prices and insecurity of supplies, Steel Minister Ram Vilas Paswan on Saturday asked public sector steel producers to scout for mines abroad.
A recent consumer survey has ranked Pepsi as the most preferred beverage brand, with arch cola rival Coke trailing in all categories except one.
The government is considering an independent evaluation of plants of cola majors - Coke and Pepsi - in the vicinity of the Yamuna river to check whether there is any adverse environmental impact due to the functioning of these units.
Sevilla, winners of the Europa League for the past two years, will play Shakhtar Donetsk in this season's semi-final.
Let's take a look at the history of one of the most iconic brands in the world.
The government has decided not to serve the members of Parliamnet any of these drinks.
Environmental activist Vandana Siva said on Thursday that the recent decision of the Union Cabinet to liberalise the agriculture sector and deregulate prices would end up in privatising the country's water sector as water was the principal ingredient
Urvi Malvania looks at what is in store for the IPL's 2019 edition.
As Aamir Khan turns 49 on March 14, we look at some of his most popular dialogues over the years.
The superstar gets candid about his next film, Dhoom 3.
The CCI passed this judgment in two different cases relating to the e-auction scheme and fuel supply agreements which were filed last year.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
'I believe that two people can think alike. What happened was pure coincidence. Why would I compose an entire soundtrack and lift a tune just for the theme?' asks Amit Trivedi.
Here are other gas leaks that made headlines in the last few years:
Das said the man in the video does not own his doorstep, sit-out, or his house and he wondered if what the man did would qualify as harassment.
Many say that Atul SIngh has been plain lucky to show heady growth for the company.
The region constituted more than 31percent of the segment's total sales volume in 2016.
The Kolkata-based coal miner has tied up with the US-based Advance Resource International Inc for exploration and identification of the potential shale deposits within the company's coal blocks.
Stock car driver AJ Allmendinger has been temporarily suspended after failing a drug test, NASCAR officials said on Saturday.
'I need a haircut, but who can I trust with a pair of scissors?', asks Kishore Singh.
It's #ThrowbackThursday time, and Bollywood has got the memo.
We bring you nine easy cocktail recipes for your New Year party.
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
In the first two months of the current fiscal, Indian exports of finished steel reportedly grew by almost 76 per cent on a YoY basis and China alone accounted for close to 60 per cent of the increase.
