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Aluminium plants receive fewest coal rail rakes in six months

The industry got an average of 18.4 coal-laden carriages a day in the first half of March, the lowest since the 17.8 rakes it received in September

Sanjiv Goenka group scouts for retail, IT acquisition targets

The group, with $4 billion in annual revenues, is also scouting for targets in power utilities as well as IT-enabled services, where it has already bought three companies in the past 12 months

Govt mulls exempting some projects from solar import taxes

'We have requested Ministry of Finance to consider grandfathering of basic customs duty for projects bid out before March 9, 2021,' the renewable energy ministry said

Chinese jet nearly hit speed of sound in final moments before crash

Such an impact may complicate the task for investigators because it can obliterate evidence and damage a plane's data and voice recorders that are designed to withstand most crashes

Indian husband and wife entrepreneurs mint own unicorns within a year

Ruchi Kalra co-founded digital lending startup Oxyzo Financial Services; her husband Asish Mohapatra set up OfBusiness to provide financing using technology.

India's economic recovery holds steady as Ukraine war clouds outlook

India's services and manufacturing activity held steady in February, even as the war in Ukraine clouds the outlook for prices and growth in the consumption-driven economy

Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense

Their balance sheets and visions are different but a confrontation between the billionaires looks almost guaranteed.

Earthquake aftermath: Japan fighting to avoid mass power cuts

Govt officials warned power supply is expected to fall short of demand Tuesday evening, and officials at Tokyo Electric Power Co. said there could be partial outages if the supply squeeze continues

Chinese air travel faces mass cancellations after plane crash: Report

The cancellations come after a Boeing 737-800 NG operated by China Eastern Airlines nosedived out of the sky and crashed in Guangxi province on Monday afternoon

Alibaba Group Holding ups buybacks to $25 billion; crackdown to ease

Move represents one of the largest shareholder-reward programmes

Brent at $115 a barrel as European Union weighs Russia oil ban

Crude oil prices stayed strong a fourth day as the European Union weighed a possible ban on Russian crude imports, to punish Moscow for its invasion of Ukraine

Crude oil prices surge as supply risk grows from Russia-Ukraine war

Oil prices surged for a third day as the war in Ukraine neared the one-month mark with no conclusion in sight.

Russia-Ukraine war: Gold stays steady after biggest weekly drop

Gold prices remained stable on Monday after posting its biggest weekly drop since June as investors weighed monetary policy tightening in the US against the impact of Russia's war in Ukraine.

Ukraine war lifts default risk for world's fragile economies

Worries over whether Russia would deliver on its interest payments this month are leading investors to consider who else is at risk of failing to pay

Boeing's tenuous recovery in China shaken by latest 737 crash

The 737-800 aircraft operated by China Eastern Airlines Corp. nose-dived Monday into mountainous terrain with 132 people on board, prompting the carrier to ground its fleet of the workhorse jets

Coal buyers in India are paying 300% premiums to secure fuel

Indian coal prices have surged in auctions held by the country's state-run miner, with domestic buyers rushing to secure supplies as global disruptions push up the cost of imported fuels

Russia-Ukraine war: Govt in talks with Egypt to start wheat shipments

India is in final talks to begin wheat exports to Egypt, while negotiations are also going on with countries such as China and Turkey, after Russia's invasion of Ukraine upended global supplies

Goldman Sachs to offer over-the-counter crypto options trading

The bank traded a non-deliverable Bitcoin option, a derivative tied to Bitcoin's price that pays out in cash, it said in a statement

Companies put brakes on $25 billion of deal-making as Ukraine war rages

Electric car giant Tesla is the latest big name firm to scrap financing plans, as it postponed a $1 billion offering of bonds backed by leases on its vehicles last week

How battery swapping is propelling India's shift to e-scooters

The pivot to battery swapping was a centerpiece of Finance Minister Nirmala Sitharaman's budget speech last month