Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/what-forced-to-jakarta-to-backtrack/article65365059.ece Close up of fresh oil palm fruits and cooking oil, selective focus. | Photo Credit: slpu9945 Pressure to tame prices, localpolitics couldhave played
Category: May Look At Leisurely
*****Indonesia export ban on crude, RBD palm oil ‘temporary’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/indonesia-export-ban-on-crude-rbd-palm-oil-temporary/article65365055.ece To remain in force until domestic prices fall below 14,000 rupiah Indonesia has imposed a “temporary export ban” on crude palm oil (CPO),
*****A coal crisis that could have been avoided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/a-coal-crisis-that-could-have-been-avoided/article65365117.ece Coal supplies Growing uncertainty SHIV KUMAR PUSHPAKAR | Photo Credit: SHIV KUMAR PUSHPAKAR The coal PSUs cannot be blamed for the crisis. Timely
*****Why dollar will remain dominant | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-dollar-will-remain-dominant-122042701393_1.html Although the US dollar’s share in global reserves has declined over the years, and attempts are being made to popularise other currencies, there
**Core sector picks up sequentially; registers double digit growth in March | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/core-sector-picks-up-sequentially-registers-double-digit-growth-in-march-122042901122_1.html A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum. Growth in eight infrastructure sectors saw robust
***GoM likely to discuss imposing flat 28% GST on online gaming | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gom-likely-to-discuss-imposing-flat-28-gst-on-online-gaming-122042901532_1.html Set to meet on Monday to iron out issues, including tax ambiguities An empowered group of ministers (GoM) — set up to look
Tata Motors has global ambitions for electric vehicles: N Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-motors-has-global-ambitions-for-electric-vehicles-n-chandrasekaran-122042900675_1.html Tata Sons Chairman N Chandrasekaran stresses the automaker’s global plans for its EVs over the next three years The model developed ground up
*****India to overcome Covid-19 pandemic losses by FY35, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-to-overcome-covid-19-pandemic-losses-by-fy35-says-rbi-report-122043000017_1.html 6.5-8.5% is the feasible range for medium-term steady state GDP growth in India Photo: Shutterstock It is only by 2034-35 that India is
*Over 16 crore Indians are credit underserved: study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/over-16-crore-indians-are-credit-underserved-study/article65353047.ece According to TransUnion Cibil study, about 50 per cent adult population is credit unserved Over 16 crore Indians were considered to be credit
Poultry industry to Centre: Allocate 2 mt of damaged grains to be used as feed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-urges-centre-to-allot-2-mt-of-damaged-grains-to-be-used-as-poultry-feed/article65353094.ece NECC says industry passing through one of the worst crises in history National Egg Coordination Committee (NECC) has stated that thousands of small
Analyst targets on ICICI Bank soar past Rs 1,000 as lender beats HDFC Bank on all parameters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/analyst-targets-on-icici-bank-soar-past-rs-1000-as-lender-beats-hdfc-bank-on-all-parameters/articleshow/91069908.cms Synopsis The lender said its provision saw a sharp decline along with an improvement in asset quality. The management continues to focus on
*Raghuram Rajan on why a China model of manufacturing doesn’t work for us – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-on-why-a-china-model-of-manufacturing-doesnt-work-for-us/articleshow/91023929.cms Synopsis The former RBI governor has expressed unhappiness with India not being able to educate its students who go abroad in droves, as
ICICI Lombard General Insurance stock falls as Q4 show disappoints | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/icici-lombard-general-insurance-stock-falls-as-q4-show-disappoints-122042201173_1.html Analysts though appear positive with their target prices indicating 22-25% upside ICICI Lombard Disappointing results have led to a sell-off in ICICI Lombard General
HDFC twins are trading at historic valuation discount vs Sensex | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-are-trading-at-historic-valuation-discount-vs-sensex-122042201417_1.html Analysts expect trend to persist till FY23 end, in light of headwinds Illustration: Binay Sinha For the first time since the 2008 Lehman
*Can mobile phone exports be sustained? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/boosting-mobile-phone-exports-have-we-ticked-the-right-boxes/article65332974.ece The PLI scheme does not incentivise global brands to bring their supply chain to the country | Photo Credit: ANUSHREE FADNAVIS The PLI
ACC net profit down 30% on cost pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/acc-net-profit-down-30-on-cost-pressure/article65335757.ece Due to low demand, the company could not pass on incremental cost to end consumers Associated Cement Companies (ACC), one of the largest
*The slowdown in 2019-20 was neither anomalous, nor inexplicable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-slowdown-in-2019-20-was-neither-anomalous-nor-inexplicable-122041900239_1.html It is important to remember that growth had been slowing for five consecutive quarters before 2019-20 Economists love to find trends or anomalies,
*PLI scheme with a return for the government | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/pli-scheme-with-a-return-for-the-government-122041801285_1.html Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme The government’s ambitious production-linked
*Area of darkness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/area-of-darkness/article65333429.ece Low coal stocks with power plants point to systemic supply constraints, amidst rising demand India is back to the situation in October 2021
*India stares at outages as coal stocks at power plants hit a low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/india-stares-at-outages-as-coal-stocks-at-power-plants-hit-a-low/article65333366.ece Local coal-based plants have supplies for just over eight days As the country’s peak power demand nears last year’s all-time high of 200
