Gem, jewellery exports shrink 14% to $32-b on weak demand

[ad_1] Export of gems and jewellery last fiscal declined 14 per cent to $32.28 billion against $37.74 billion logged in the same period last year due to weak demand. However, gold jewellery exports increased 17 per cent to $11.23 billion...

KFIL restarts mini blast furnace operations at Hiriyur plant amidst market recovery

[ad_1] The shutdown was part of KFIL’s strategic efforts to manage operations prudently against volatile market conditions, sustaining its production efficiency and overall business resilience.Also read:India’s iron ore exports at a three year high at 47.8 MTKFIL in a statement...

Farm sector can grow over 6% in FY25 on good monsoon, says NITI Aayog’s Ramesh Chand

[ad_1] India’s agriculture and allied sectors may register growth exceeding 6 per cent in 2024-25 owing to a favourable monsoon prediction and the previous year’s low base, Niti Aayog’s Member Ramesh Chand told businessline.“This year (2024-25) will be highly favourable...

India to account for large share of global commodity demand by 2029: Australia

[ad_1] India will account for a significantly larger share of world commodity demand by 2029, though Chinese demand will likely continue to shape commodity markets over the next 5 years, the Australian Office of the Chief Economist (AOCE) has said.“......

SEA asks stakeholders in vegoil sector to jointly address challenges

[ad_1] The Solvent Extractors’ Association of India (SEA) has asked all associations representing various facets of the vegetable oil industry to come together to collectively address the challenges facing the sector. Also read:Indian vegetable oil import expected to decline to...

Coal PSUs must plan pithead-based thermal projects: Coal Secy Meena

[ad_1] The Coal Ministry has asked Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said.Also read: Coal miners...

Kerosene consumption falls sharply by 26 pc CAGR during FY14-23: Govt data

[ad_1] Kerosene consumption in the country has declined sharply by 26 per cent CAGR between 2013-14 and 2022-23, mainly due to government policies to promote clean energy.Also read: Thermal power is here to stayThe latest 'Energy Statistics India 2024' of...

Crude oil rises as Ukrainian drones attack Russian refineries

[ad_1] Crude oil futures traded higher on Thursday morning following drone attacks by Ukraine on Russian refineries. Another factor that boosted the price was the significant drop in the crude oil inventories in the US. At 9.52 am on Thursday,...

Govt may allow export of Kalanamak rice, but curbs on other non-basmati to stay

[ad_1] Kalanamak, a premium non-basmati rice variety grown in Uttar Pradesh, may be the first one to get an exemption from export ban. However, the move may lead to a slew of demand from across the country where premium rice...

Assam emerges as a strong player in coal mine auctions

[ad_1] Coal mining auctions seems to be seeing States competing with each other to get a mine. In the latest – eighth and ninth round of auctions, Assam seems to be an aggressive bidder and has got three mines under...
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