MoneyControl

Delhi court grants bail to former Bhushan Steel CMD Sanjay Singal in money laundering case
Fri, 24 Jan 2020 11:46:25
Delhi court grants bail to former Bhushan Steel CMD Sanjay Singal in money laundering case Singal was arrested on November 22 last year by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA).


Technical View: Nifty forms Bearish Engulfing pattern on weekly chart, profit booking advised
Fri, 24 Jan 2020 11:45:09
Technical View: Nifty forms Bearish Engulfing pattern on weekly chart, profit booking advised It looks prudent on the part of traders to book profits as Nifty heads closer to 12,300 levels and remain neutral as next week is going to be dominated by events, Mazhar Mohammad said.


India faces first fall in direct taxes in at least two decades: Sources
Fri, 24 Jan 2020 11:38:06
India faces first fall in direct taxes in at least two decades: Sources The tax department had managed to collect only Rs 7.3 lakh crore as of Jan. 23, more than 5.5% below the amount collected by the same point last year, said a senior tax official.


Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief
Fri, 24 Jan 2020 11:32:07
Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief Speaking here at the WEF 2020, Georgieva also said the world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Outlook in October 2019.


PUBG Mobile Season 12: New details of rewards and themes leaked
Fri, 24 Jan 2020 11:26:03
PUBG Mobile Season 12: New details of rewards and themes leaked PUBG Mobile Season 12 is expected to introduce a bike workshop with advanced skins.


Poll affidavit case: Devendra Fadnavis gets exemption from appearance
Fri, 24 Jan 2020 11:25:05
Poll affidavit case: Devendra Fadnavis gets exemption from appearance Fadnavis#39;s lawyer Uday Dable told the court on Friday that they would seek a stay on the trial court proceedings before the Supreme Court and hence sought exemption from appearance for Fadnavis pending hearing and disposal of the review petition on SC.


Taking Stock: Sensex rallies over 200 points as a volatile week comes to an end
Fri, 24 Jan 2020 11:15:44
Taking Stock: Sensex rallies over 200 points as a volatile week comes to an end Weakness in the Nifty in the near term shall resume on a close below 12,100 kinds of levels.



The Economic Times

Indonesia to increase imports from India amid New Delhi-Malaysia spat: Sources
Fri, 24 Jan 2020 11:49:39
Indonesia, the world's biggest palm oil producer and exporter, is expected to be the biggest beneficiary of India's row with Malaysia. Indonesian crude palm oil has sold at a premium to Malaysian oil since India this month placed curbs on imports of refined palm oil.


Police is using modern gadgets to foil militants' designs: J&K IGP
Fri, 24 Jan 2020 11:38:14
"Security is beefed on occasions like August 15 or January 26 and night-time patrolling is also undertaken. We also undertake checking and frisking in which we use modern gadgets and we will not allow any (militancy-related) incident," Kumar told reporters.


India beat New Zealand by 6 wickets in Twenty20 opener
Fri, 24 Jan 2020 11:25:43
Talk of possible travel fatigue after only arriving in New Zealand three days ago, did not eventuate as Virat Kohli's men hauled in New Zealand's 203 for five with Rahul making 56 and Iyer unbeaten on 58. New Zealand did not help their chances by bowling 10 wides and missing wicket opportunities with sloppy fielding.


Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief
Fri, 24 Jan 2020 11:14:48
Speaking at the WEF 2020, she also said the world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Outlook in October 2019. She said the factors driving this positive momentum include receding trade tension after the US-China first phase trade deal and synchronised tax cuts, among others.


France’s CNES calls for long-term collaboration with ISRO on human spaceflight
Fri, 24 Jan 2020 10:54:51
The CNES president highlighted how France has acquired more than 40 years of experience in human spaceflight and developed highly sophisticated facilities in this field in Toulouse, such as the CADMOS (centre for the development of microgravity applications and space operations) and the MEDES (space medicine and physiology institute).


India, US agree to resolve amicably dispute over steel import duty
Fri, 24 Jan 2020 10:48:41
The WTO dispute resolution body has ruled against the US in this case stating that the high duty imposed by America on certain hot-rolled carbon steel flat products from India was inconsistent with various provisions of the WTO's Agreement on Subsidies and Countervailing Measures.


13 cities & 4.1 crore people locked: China fights hard to contain virus spread as death toll climbs
Fri, 24 Jan 2020 10:44:02
While the WHO held off on declaring a global emergency despite confirmed cases in half a dozen other countries, China expanded its lockdown to cover an area with a total population greater than Canada's. The previously unknown virus has caused alarm because of its similarity to SARS, which killed hundreds across mainland China and Hong Kong in 2002-2003.



Steelguru

RBCT Coal Exports in 2019 Dips 2% YoY
Fri, 24 Jan 2020 08:45:25
Coal exports through South African Richards Bay Coal Terminal dropped by 1.9% YoY to 72.1 million tonne in 2019 from 73.5 million tonne in 2018. Cape vessels handled during 2019 dropped to 351 from 372 in 2018 while Panamax ships handled rose to 296 from 268.


US Coal Industry Outlook Dulled by Falling Demand - Zacks
Fri, 24 Jan 2020 08:39:05
US research agency Zacks said that the importance of coal and the coal industry in US has declined in the United States over the past few years, with natural gas and renewable sources creating more downside pressure.


PT Bumi Conducting Feasibility Study for Coal Gasification Plant
Fri, 24 Jan 2020 08:35:30
Reuters reported that Indonesia’s PT Bumi Resources is looking into building a coal gasification plant potentially worth more than USD 1 billion. Bumi Resources director Mr Dileep Srivastava said that “It is conducting a feasibility study into building a plant to process coal into gas.


Ramaco Carbon Appoints Research Director
Fri, 24 Jan 2020 08:33:40
Ramaco Carbon has hired Christopher Yurchick to serve as director of research and manage research operations for the company in Sheridan and Charleston, West Virginia.


Indonesian Nickel Ore Output in 2019 Surges by 58% YoY
Fri, 24 Jan 2020 07:24:04
Indonesia’s Ministry of Energy and Mineral Resources Director of Minerals Mr Yunus Saefulhak said that Indonesia's 2019 nickel ore output stood at 52.8 million tonnes, up by 58% YoY 22.1 million tonnes a year earlier.


Inalum to Build Aluminium Smelter in North Kalimantan
Fri, 24 Jan 2020 07:22:23
Indonesian state owned PT Indonesia Asahan Aluminium said that it will increase production three times over by expanding to Borneo and utilizing the bauxite ore resources found there.


Copper, Aluminium, Nickel Export and Imports into Ukraine in 2019
Fri, 24 Jan 2020 07:20:25
According to customs statistics released by the State Fiscal Service of Ukraine, Ukrainian enterprises increased imports of copper and copper products in terms of money by 17.9% in 2019 compared with similar period of 2018, to USD 124.36 million while exports of copper and copper products decreased 42.9% over the year to USD 79.668 million,



BloomBerg

Wuhan Virus Lockdown Casts Cloud Over Industry & Tech Hub
Fri, 24 Jan 2020 02:20:37
Wuhan Virus Lockdown Casts Economic Cloud Over China’s Chicago


Software Maker for Apple Devices Jamf Files Confidentially for IPO
Thu, 23 Jan 2020 21:21:22
Software Maker for Apple Devices Jamf Plans to File for IPO


Lagarde Warns Markets Not to Assume ECB Policy on Autopilot
Fri, 24 Jan 2020 06:50:20
ECB’s Lagarde Says Markets Shouldn’t Assume Policy on Autopilot


HNA Faces $500 Million Debt Deadline Before Lunar New Year
Wed, 22 Jan 2020 22:00:00
Investors will be closely watching HNA Group Co. as $500 million of dollar bonds mature this week


For Japan’s Bullish Chartists, Stocks Could Rally Like It’s 1989
Thu, 23 Jan 2020 16:00:00
For Japan’s Bullish Chartists, Stocks Could Rally Like It’s 1989


China Orders Travel Agencies to Suspend Tours to Contain Virus Outbreak
Fri, 24 Jan 2020 10:03:18
China Orders Travel Agencies to Suspend Tours to Contain Virus Outbreak


Norway’s Weakened PM Puts Top Lieutenant in Charge of Finance
Fri, 24 Jan 2020 11:00:23
Norway’s Weakened PM Puts Top Lieutenant in Charge of Finance