Early Arrival of Monsoon Rains in India Brightens Crop Outlook
A man walks across the dried bed of the Belan river on May 20. The monsoon arrived earlier than normal in India, raising hopes that output of crops like rice Continue Reading
Coal India to import for first time in years as power shortages loom
State-run Coal India (COAL.NS) , the world’s largest coal miner, will import the fuel for use by utilities, a power ministry letter seen by Reuters showed on Saturday, as shortages Continue Reading
Monsoon rains lash India’s Kerala coast, two days ahead of usual
India’s annual monsoon, which delivers about 70% of the country’s rainfall, arrived on the coast of southern Kerala state on Sunday, the state-run India Meteorological Department said, two days ahead Continue Reading
Shanghai to lift ‘unreasonable’ curbs on firms, Beijing eases restrictions
Shanghai said on Sunday “unreasonable” curbs on businesses will be removed from June 1 as it looks to lift its COVID-19 lockdown, while Beijing reopened parts of its public transport Continue Reading
Covid-weary Americans enter Memorial Day with little effort to contain a still-raging pandemic
For the third year, Americans are greeting the unofficial start of summer shadowed by the specter of the coronavirus amid rising covid-19 cases and hospitalizations across the country. The United States is Continue Reading
India seen facing wider coal shortages, worsening power outage risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry presentation seen by Reuters showed, worsening Continue Reading
India oil cos’ $125.5 mln dividend from oil assets stuck in Russia
Indian companies with stakes in two Russian assets are unable to repatriate 8 billion roubles ($125.49 million) in dividends due to tough western sanctions, an official at Oil India Ltd Continue Reading
Shanghai lockdown: Residents demand release, and some get it |
On a balmy Sunday night, residents of an upscale Shanghai compound took to the streets to decry lockdown restrictions imposed by their community. By the following morning, they were free Continue Reading
China’s LNG imports set for first big decline as demand wanes
China’s imports of liquefied natural gas (LNG) are on track to post their first major decline this year, as high prices and weak manufacturing due to COVID-19 lockdowns crimp demand Continue Reading
Russia Sends Record Volumes Of Oil To India, China
India and China have stepped up purchases and are importing record volumes of Russian crude. some Chinese state giants haven’t ramped up imports of spot cargoes from Russia despite steep Continue Reading