Category: Uncategorized

Five ships all carrying Sokol oil from Russia’s Far East — the NS Commander, Sakhalin Island, Krymsk, Nellis, and Liteyny Prospect — are moving toward the Malacca Strait at 7 to 10 knots, according to vessel-tracking data. A sixth also holding Sokol — the NS Century — is still close to Sri Lanka.

Analysts had predicted a breather for the market as the sharp rally in the previous month had pushed the benchmarks into an overbought zone.

This was a Pre-Approval inspection conducted from 5 December to 11 December 2023.

This was a Pre-Approval inspection conducted from 5 December to 11 December 2023.

Being the biggest consumer, China drives metal prices. “Jefferies China team expects fiscal policy to be more supportive, and investments to boost economic growth and avoid deflation in 2024,” the firm said.

SEZs are treated as deemed foreign territory for customs laws and bringing goods from these zones into the domestic tariff area (DTA) or domestic market is tantamount to imports.

Indian exports of these products were earlier attracting additional duties in the US, as Washington, in 2018, imposed a 25 per cent import duty on steel products and 10 per cent on certain aluminium products on grounds of national security.

Alembic Pharma is planning to launch over 20 products in the current financial year (FY24), with a focus on oral solids, injectables, and derma segments.

Motilal Oswal said that NMDC is on track to produce 46 MT of iron ore in FY24E.

Motilal Oswal said that NMDC is on track to produce 46 MT of iron ore in FY24E.