India

World Sugar Market Could Swing To Deficit In 2019/20 As Brazil, EU Curb Output: Broker

The world sugar market could see a shortfall in 2019/20 after two years of over-supply as Brazil and the European Union cut production, but strong Indian o...

German Industry Body Criticises Indian Sugar Export Subsidies

The Indian government’s new programme to subsidise sugar exports will cause more falls in sugar prices and should be opposed by the European Union, G...

India's Flipkart May Appoint New Group CEO - Reports

Walmart Inc's Flipkart unit is considering naming a new chief executive officer at group level in place of Binny Bansal, the Mint daily reported on Monday,...

Indian Regulator Clears Walmart's $16bn Acquisition Of Flipkart

India's antitrust regulators have approved U.S. retail giant Walmart Inc's $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the compet...

Edible Oil Traders Use Free-Trade Pact To Get Around India's Import Tax Hike

Edible oil traders are sourcing exports of palm oil and other cooking oils to India from neighbouring countries, designating the supplies as duty-free unde...

World Sugar Prices To End 2018 Sharply Lower As Global Glut Weighs

World sugar prices are poised to recover some ground in the coming months but will still post sharp losses this year, as a larger than expected supply surp...

Indian Truckers' Strike Hits Amazon Deliveries, Commodity Trade

A truckers' strike across India has affected deliveries for e-commerce firms such as Amazon and Snapdeal, hurt cotton trade in the world's biggest producer...

Indian Shopkeepers Plan Sit-In Protest Against Walmart's Flipkart Buy

A lobby group of small Indian traders and shopkeepers has asked tens of thousands of its members to hold protests across the country on Monday against Walm...