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MONSOON IMPACT ON STEEL PRICES
India, UK engaged in discussions on carbon tax issue: Commerce SecretaryIndia and the United Kingdom are discussing Britain's carbon tax regulation. The UK plans to implement its Carbon Border Adjustment Mechani...- Naveen Jindal Group explores locations in 9 states to set up 18 GW nuclear projectsNaveen Jindal Group plans eighteen gigawatts of nuclear power plants. The conglomerate is exploring multiple locations in at least nine sta...
- India inflation risks mount on renewed US-Iran tensions, El NinoIndia's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El N...
- Monsoon tests India's steelmakers as prices head in opposite directions: ReportDomestic steel prices are expected to remain mixed in the coming months. Long steel prices will likely stay under pressure due to monsoon d...
- India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
- Monsoon gains lift kharif hopes, but El Nino threat remains; govt support on seeds, diesel and livestock keyWhile the narrowing rainfall deficit has eased immediate concerns, experts say it is far too early to conclude that El Niño’s influence has...
- Don't miss the monsoon: From spinach to radish 7 vegetables that grow best during the rainy seasonThe monsoon season offers ideal conditions for growing many vegetables. Spinach and okra flourish with regular moisture and warm temperatur...
- Weak monsoon may lift soluble fertiliser demand; price remains bigger risk: SFAISoluble fertilizer prices have surged sixty to one hundred percent over the past year. This sharp increase poses a significant risk to farm...
- India's 10-year bond logs best day in over a week on oil reliefOn Friday, Indian government bonds experienced a positive shift with declining yields. This improvement was fueled by robust demand during ...
- Weak monsoon may weigh on rural demand, credit growth in coming months: S&P Global RatingsA weak monsoon poses risks to India's rural economy and farm incomes. Sectors like agriculture and microfinance face significant challenges...
- El Nino likely to strengthen through 2026, persist into 2027: US forecasterEl Nino is strengthening and will persist through early spring 2027. A very strong El Nino event is expected this autumn. This phenomenon t...
- Monsoon covers entire India; Rainfall deficit at 14%, says IMDThe southwest monsoon has now covered all of India, arriving a day late. Heavy rainfall has been recorded in India during the first nine da...
- El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumptionIndia's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken ru...
- Monsoon Session set to witness downpour of high-impact billsThe govt is preparing major legislative reforms across key sectors. Several high-impact bills are in advanced parliamentary review stages. ...
- Beer industry sees near double-digit growth but margins under pressure: UBL MD & CEOThe Indian beer sector is witnessing impressive growth, propelled by reformative state initiatives and seasonal weather advantages. However...
- Rainfall deficit comes down to 12% as July witnesses above-normal rainfall: GovtThe rainfall deficit has reduced to twelve percent with above-normal monsoon activity in early July. An El Nino year may not necessarily re...
- S&P flags risks to Indian microfinance lenders' $35 billion bookIndia's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increa...
- Sugar prices up 6-7% in June amid below-normal rainfallSugar prices have increased six to seven percent over June. This rise occurred as below-normal rainfall raised concerns about crop output. ...
- El Nino impact in sight even as top FMCG firms bet on rising India consumptionIndia's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Compa...
- The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...
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