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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
India's thermal coal imports fall for sixth straight month in February
coal-fired power generation grew at a muted pace on the back of a slowdown in manufacturing activity.
This is the longest such streak since February 2022, when imports declined for eight consecutive months.
Manufacturing activity in the world's fastest growing major economy slowed to its weakest pace in over a year, stifling appetite for seaborne coal in the country and adding to pressure on declining on global thermal coal prices.
Imports of thermal coal by India — the second largest importer in the world — fell 15.3% to 12.16 million metric tons in February, data from Indian consultancy Bigmint showed.
In the six months ended February 28, imports fell 20% to 77.3 million.
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
Subscribe to enjoy similar stories.Pain is invisible; the sufferer has to make noise for it to be acknowledged, treated or accepted. Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.
21.05 / 10:17
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UPS
IPO
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SpaceX
Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
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markets
Digital
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Subscribe to enjoy similar stories.Homegrown advertising group RK Swamy Ltd is betting on its integrated marketing model to drive growth over the next few years, combining media, creative and other advertising services even as the ‘Big Four’ agency networks increasingly separate those businesses.“We never did disaggregated media and creative [although] that was an option 20 years ago,” Shekhar Swamy, MD and group CEO of RK Swamy Ltd told Mint in an interview.“How can you disaggregate the two? The media function holds a lot of data, and then when media and creative walk separately, it creates a lot of tension. This is not a sensible model for a client.”RK Swamy’s clients include Magicbricks, Polycab, and several government institutions and PSUs such as LIC.The company reported a 15% jump in annual revenue for FY26 to ₹351.73 crore, while profit before tax and exceptional items rose 30% year-on-year to ₹32.2 crore.
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21.05 / 09:47
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UPS
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