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The story so far: In a bid to deepen ties in Asia and Africa, the heads of the BRICS nations (Brazil, Russia, India, China, and South Africa) are scheduled to meet in Cape Town, South Africa on August 22-24 this year. The bloc, which is seen as a counter to the G7, is also mulling…
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India’s Tata Steel Ltd. expects lower steel prices in the July-September quarter in India and Europe, aided by a fall in the prices of coking coal, a key raw material, its chief executive and managing director said on July 25. “In India, the Q2 [July-September] realisation will be about 3,000-3,100 rupees per tonne [$36.65-$37.87] lower…
