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Indian shares run out of steam after four-day rally, surging virus cases weigh

The Nifty was down 0.02% to 10,761.45 by 0512 GMT, while the Sensex was up 0.06% at 36,510.87. Both indexes gained around 4.5% in the last four sessions, hitting their highest in four months. The sentiment was also tempered as Asian stocks hit a speed bump following...

Indian households shun downmarket palm oil, cutting demand in lockdown

Palm oil demand in India, the world’s top edible oil importer, is set to plunge this year as coronavirus lockdowns slash food service sector demand and households opt for alternatives at the supermarket.India’s palm oil imports could plunge 20% from a year ago to 7.5...

Court grants relief to Unilever’s India unit over ‘Glow & Handsome’ trademark

The Indian arm of global consumer giant Unilever said on July 2 it would rebrand its skin-lightening cream ‘Fair & Lovely’ to ‘Glow & Lovely’. Hindustan Unilever said its skin cream for men will be called ‘Glow & Handsome’, but Emami said it had launched...

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