October coal imports saw a mixed trend. Overall shipments fell as domestic supply increased. However, coking coal imports rose significantl...

India's coal imports saw a 4.2% rise to 162.45 million tonnes during April-October FY24, despite a 14.4% drop in October to 21.84 MT. Non-c...

Marathon canceled the release of fourth-quarter results Tuesday after saying there had been “accounting errors” in several quarters of its ...

“In Q3, performance of Tata Steel in India was reasonably strong,” the company’s managing director TV Narendran told ET in a recent intervi...

Stocks at power producers are equivalent to less than 12 days of consumption, up from 9 days this time last year but much leaner than 18 da...

The euro climbed 0.4% and euro zone banks added 0.7% after ECB governing council member Klaas Knot said on Sunday the central bank was set ...

Valereum will also launch a non-fungible token (NFT) strategy in the first quarter to link 'real world' or traditional securities via NFT o...

Shrimps, investors that hold less than 1 bitcoin, are collectively adding to their balance at a rate of 60,460 bitcoin per month, the most ...

Dubbed as 'Omicron', the new virus variant has found itself in the list of ‘variant of concern’. The announcement from the United Nations h...

The world's number two economy expanded slower than expected in the third quarter as an energy crisis began to bite, official data showed t...

It is important to note that while China has banned Bitcoin mining, it has not banned holding or transaction of Bitcoin. Its own central ba...

Yet, domestic non-ferrous metal production still exceeds consumption as domestic manufacturers are expected to operate at a high asset-util...

Agriculture is expected to grow at 3.5-4 per cent during the reporting quarter, largely due to residual output of the Rabi or the winter cr...

This grim little exception to romantic optimism is the central message of the latest official numbers for India’s growth.

"There was large overcapacity which got created in the last 2 to 3 years, which impacted our pricing power," says Batra.

The valuation is based on an average of European and Asian steel players multiples and represents a return of 39 per cent.