Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ
by The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal …
Category: Economy News
South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI
South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a …
Indonesia Issues Emergency Regulation to Replace Controversial Job Creation Law
Indonesia’s President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister said on Friday, a law …
After India’s export ban and the conflict in Ukraine, global wheat prices have risen
Wheat prices have risen on international markets following India’s announcement of a restriction on exports of the basic commodity, as well as lower production prospects …
With increased crude steel production, India and Southeast Asia’s emission profile would worsen
According to an industry analysis released on Tuesday, India and Southeast Asia would worsen their emission profile as crude steel production develops through the Blast …
Egypt plans to purchase 500,000 tonnes of wheat from India
Egypt, one of the world’s largest wheat importers, is seeking alternatives to Black Sea grain shipments, which are being disrupted by Russia’s invasion of …
India has set the end of June as its target for coal imports
According to a power ministry letter, India has requested state and private sector utilities to assure delivery of 19 million tonnes of coal from overseas …
Finance Ministry: GST dues to states total Rs 79,000 crore for FY22:
The Union finance ministry announced on Wednesday that the States owed Rs 78,704 crore in compensation in lieu of goods and services tax (GST) for …
Power consumption grows steadily at 4.6% to 126.12 billion units in March
India’s power consumption has grown steadily at 4.6 per cent year-on-year in March to 126.12 billion units (BU), showing the impact of early onset of summers and …
India cuts coal supply, inventories slump as power demand surges
India has cut coal supplies to the non-power sector and put on hold plans to increase the number of fuel auctions for utilities due to …