Rajendra Jadhav

India domestic flights to resume, but coronavirus cases rise

12:04am IST

MUMBAI/NEW DELHI Domestic flights will resume across India on Monday after a day of "hard negotiations", the federal civil aviation minister said on Sunday, after some states sought to limit the number of flights.

Major Indian states seek delay in restarting flights as coronavirus cases rise

24 May 2020

MUMBAI/NEW DELHI Three large Indian states have sought to delay the planned opening of their airports on Monday as new cases of the novel coronavirus jumped by a record, complicating the federal government's plan to resume flights after a two-month lockdown.

Asia gold: Demand slowly returns as top hubs reopen

22 May 2020

BENGALURU/MUMBAI Physical gold demand picked up in top Asian hubs this week as economies gradually come out of coronavirus lockdowns and as investors continued to buy bullion as a hedge against a worsening economic backdrop.

Indian rice exports in 2020-21 may surge 15% as buyers stockpile grain

22 May 2020

MUMBAI India's rice exports could rise by as much as 15% in 2020/21 as buyers purchase lower-priced Indian supply to rebuild inventories after growers capped exports amid the coronavirius outbreak, two industry officials said on Friday.

Exclusive: India resumes purchases of Malaysian palm oil - traders

19 May 2020

MUMBAI/SINGAPORE Indian buyers have resumed purchases of Malaysian palm oil after a four-month gap following a diplomatic row, with buying spurred by a fall in domestic inventories and discounted prices, trade sources said.

Asia gold: Demand still lacklustre as top hubs gradually open shop

15 May 2020

BENGALURU/MUMBAI Physical gold demand was tepid in most Asian centres this week with retail buying yet to see any significant recovery even as top hubs India and China eased some coronavirus-driven restrictions.

Malaysia signs record rice import deal with India - exporters

15 May 2020

MUMBAI, May 15 Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations between the countries after a diplomatic spat.

India suspends 39 import licenses for refined palm oil

12 May 2020

MUMBAI/NEW DELHI India has suspended 39 licences to import 452,303 tonnes of refined palm oil after a surge in duty-free purchases from neighbours such as Nepal and Bangladesh which are not key producers, government and trade sources told Reuters.

Demand picks up in China, lacklustre in other hubs

08 May 2020

BENGALURU/MUMBAI Physical gold demand improved in top hub China this week as buyers took advantage of hefty discounts, while activity remained muted in other hubs due to lockdowns and holidays. Dealers in China were selling gold at an average discount of about $30 an ounce versus benchmark spot prices, narrowing from last week's discounts of $48.

Asia Gold-Demand picks up in China, lacklustre in other hubs

08 May 2020

* India gold imports plunged 99.9% year-on-year in April -WGC

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