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Interestingly, while illegal flow of pepper through Nepal has increased, the import of Vietnamese pepper through Sri Lanka has come down substantially, thanks to increased monitoring.

Downtrend in pepper price to continue

Vietnam is selling the commodity at $2,800 per tonne, less than half the price of $6,000 per tonne commanded by the...

22 July 2019 7:31 AM IST

Indias renewable power capacity soared by almost 150 per cent in the last 5 years to 77.6 GW.

Renewable energy capacity to reach 260 GW by 2024

India is formulating a policy to build a 30 GW local capacity for manufacturing solar cells.

20 July 2019 7:47 AM IST

Average prices at the auctions of Coonoor Tea Trade Association nosedived to a new low of Rs 79.10 a kg at sale No. 28.

South Indian tea prices plunge as demand flags

The price decline is more pronounced in high quality Assam tea, compared with the low to medium categories of tea.

19 July 2019 3:21 AM IST

Refinancing needs are manageable for most corporates in 2017, given their better access to the capital markets and large cash balances.

Renegotiation of PPAs to hit cash flows

Earlier this month, the state government had formed a negotiation committee to renegotiate wind and solar PPAs in the...

18 July 2019 1:39 AM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Steel consumers resent safeguard duty

Steel imports have considerably decreased in the last three years.

16 July 2019 1:46 AM IST

Facts first. Crude oil prices rose 0.61 per cent to Rs 4,157 per barrel in futures trade on July 12 as speculators raised their exposure, tracking a rebound in global markets.

Crude oil demand growth to remain stable

Going forward OPEC expects global demand for its crude oil to decline next year as their rivals continue to pump more...

15 July 2019 8:03 AM IST

This means an increase of nearly 7 per cent and 33 per cent, respectively, over their March 2019 fleet.

Indian market for low cost carriers to double

For 2M FY2020 (April-May), the domestic passenger traffic growth had reported a YoY de-growth of 0.5 per cent.

13 July 2019 2:46 AM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC to get into new FMCG goods

The segment's Ebitda at Rs 688 crore in the last fiscal year, rose by 51 per cent year-on-year.

13 July 2019 2:44 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Crude demand projected to drop next year

The projected drop in demand for OPEC crude is a reflection of that.

12 July 2019 1:57 AM IST

Godrej Interio plans to tie-up with local carpenters as it seeks to enter into premium custom-designed furniture market in select cities. (Representational image)

Godrej eyes interior services

Godrej Interio, has taken multipronged approach to tap the fast growing home furniture segment in India,

11 July 2019 2:00 AM IST

The slow pace of revenue growth can be attributed to a broad-based slowdown in consumption, which has affected sectors such as automobiles and fast-moving consumer goods (FMCG).

Q1 revenue growth may hit 2-year low

Automobiles, one of the key sectors driven by consumption spending, continues to reel under a demand slowdown.

10 July 2019 3:02 AM IST

The Union Budget presented by the new Finance Minister Nirmala Sitharaman could not offer tea producers in India the cuppa that cheese. And thats not without reasons.

Tea industry neglected

Interestingly, Iran, under normal circumstances, buys 28-30 million kg of orthodox teas from India.

8 July 2019 2:31 AM IST