02:27 PM @ 28/04/2023
Local rubber exports to the Netherlands during the first quarter of the year reached 3,030 tonnes, worth US$4.38 million, representing a rise of 31.2% in volume and 11.3% in value on-year, according to figures given by the Import and Export Department.SEE MORE09:01 AM @ 28/04/2023
The Indian tyre industry has been investing around 10% of its revenues in capacity expansion over the past few years. A report by ICRA says it will continue to invest around 10%-12% of the revenues in the medium term. This capex spend will be on the back of healthy demand.SEE MORE04:37 PM @ 27/04/2023
Russia sees no need to deepen OPEC+ production cuts due to slower-than-expected demand growth in China and lower oil prices, Russian Deputy Prime Minister Alexander Novak said on Thursday.SEE MORE04:20 PM @ 27/04/2023
Russia's seaborne crude flows rebounded last week, with India now making inroads into the country's Pacific exports having taken the bulk of cargoes shipped from western ports after a European embargo.SEE MORE03:25 PM @ 27/04/2023
China's industrial firms' profits shrank at a slightly slower pace in January-March but the decline remained in the double-digits as the economy struggled to fully recover despite the country's exit from its zero-COVID policy.SEE MORE
