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☆ Why Is Tex-Mex the M.V.P. on the Super Bowl Menu?
▼ + stars: | 2024-02-06 | by ( Christina Morales | ) www.nytimes.com time to read: 1 min

There are many origin stories for the Frito pie, but at least one thing is true: This dish is extremely popular in Texas, where it is a staple at high school football games. Credit... Christopher Testani for The New York Times. Food Stylist: Simon Andrews.

Persons: Christopher Testani, Simon Andrews Organizations: The New York Times Locations: Texas

☆ Behind the Scenes of the Most Spectacular Show On TV
▼ + stars: | 2023-12-02 | by ( Jody Rosen | ) www.nytimes.com time to read: +4 min

On the possession that followed the Lions’ touchdown, the Chiefs stalled, punting with 5:07 left. And then drama turned to farce, as Mahomes’s receivers let him down and penalties pushed the Chiefs backward. Mahomes took the snap, rolled left and launched a throw that arced across the line to gain, reaching the fingertips of the receiver Skyy Moore, who couldn’t clasp it. On the air, Tirico said: “The Detroit Lions are right there.” In the truck, Hyland’s pronouncement was less circumspect. One measure of the success of “Sunday Night Football” is how “Sunday Night Football”-ish the competing broadcasts are looking.

Persons: ” Collinsworth, Campbell, Tirico, “, Jawaan Taylor, Skycam, Hyland, Esocoff, ”, Mahomes, Skyy Moore, Chiefs weren’t, Gaudelli, “ There’s, Tom Brady, Peyton, Eli, refigures Organizations: Lions, Chiefs, “, NBC, doleful Chiefs, Detroit Lions, CBS, Fox, Fox Sports, bros, NFL Locations: Detroit

☆ The N.F.L. Looks Beyond Game Day to Try to Create a Streaming Universe
▼ + stars: | 2023-11-14 | by ( Emmanuel Morgan | More About Emmanuel Morgan | ) www.nytimes.com time to read: +1 min

The National Football League has long been a broadcast juggernaut, with its games accounting for 83 of the nation’s 100 most-viewed telecasts last year, according to the ratings firm Nielsen. But as the reach of traditional television wanes, and major live events like the Academy Awards and the World Series face historically low ratings, the N.F.L. is embarking on an ambitious strategy to try to maintain its dominance. “Quarterback,” an eight-episode documentary that followed Patrick Mahomes and others during his second M.V.P. season, was the most-watched series on Netflix for more than a week in July.

Persons: Nielsen, ”, Patrick Mahomes, Barry, Barry Sanders, Houdini, Jerry Jones Organizations: Detroit Lions, Dallas Cowboys, National Football League, Netflix, Amazon, Cowboys

☆ Move over, Peloton. Rucking is the newest fitness craze in Silicon Valley and beyond.
▼ + stars: | 2023-10-23 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +10 min

Memon, who cofounded the artificial-intelligence healthcare startup Eureka Health, credits rucking with conditioning his body to keep up with his high-energy pup. Memon hiking around the Bay Area with a weighted backpack. She told Insider she'd seen an uptick in people interested in adding rucking and weight training to their outdoor activities like trail running and hiking. He doesn't ruck outside but wears a weighted vest purchased from Amazon while completing his routine in the gym, which includes time on the StairMaster as well as lifting traditional weights. The venture capitalist Zamir Shukho's dog, Lord Lincoln, wears a weighted vest on walks.

Persons: Zain Memon, Joy, Zain Memon Memon, Memon, It's, —, Henry Merriam, REI, Wilson Kriegel, — Kriegel, Wendy Winn, she'd, Winn, Charlie Hale, I'm, Amanda Bradford, rucking, She's, Bradford, I've, Zamir Shukho's, Lord Lincoln, Zamir Shukho, begrudgingly, Vibranium.VC Organizations: Eureka Health, US Army, National Parks Service, Amazon, Group Locations: Buena Vista, Sutro, San Francisco, Silicon, TikTok, North, New York City, New York, Los Angeles, Austin , Texas, Bird, American Staffordshire

☆ Pennsylvania Will Start Automatic Voter Registration
▼ + stars: | 2023-09-19 | by ( Neil Vigdor | More About Neil Vigdor | ) www.nytimes.com time to read: +1 min

Pennsylvania, a battleground state that could play an outsize role in the 2024 presidential election, will begin to automatically register new voters as part of its driver’s license and state ID approval process, officials said on Tuesday. Voters must meet certain eligibility requirements, which include being a U.S. citizen and a Pennsylvania resident for at least 30 days before an election. They also must be at least 18 years old on the date of the next election. “Automatic voter registration is a common-sense step to ensure election security and save Pennsylvanians time and tax dollars,” Mr. Shapiro said in a statement. — all the information required to register to vote — so it makes good sense to streamline that process with voter registration.”

Persons: Josh Shapiro, Mr, Shapiro, ” Organizations: Gov, Democrat, District of Columbia, National Conference of State Legislatures, “, Commonwealth Locations: U.S, Pennsylvania

☆ A Light Bulb Went Off - The New York Times
▼ + stars: | 2023-08-06 | by ( Pamela Paul | ) www.nytimes.com time to read: +2 min

A hundred times I have been told that LED bulbs, with their unnatural froideur and their sour green aura, can now simulate all manner of glow. They come with labels like soft white and bright white, cool white and daylight. and the waiting room in the E.R. I’m hardly the first person to notice that LED light simply looks bad. I associate that jolly warmth with late-night phone calls, books read after bedtime, the privacy of my own well-lit room.

Persons: Stark, I’m, Christopher Nolan, Oliver Sacks’s “, ”, what’s, it’s

REUTERS/Steve Marcus/File photoAug 2 (Reuters) - Refining rare earths for the green energy transition is hard. "The (rare earths) commissioning process is painstaking, with stops and starts," Jim Litinsky, MP's CEO and largest shareholder, told investors in May. Rare earths magnets turn power into motion and are the essential components in an electric vehicle's motor. Rare earths refining "is not really being addressed even by those who are developing magnet capacity," said Ryan Castilloux, a minerals consultant at Adamas Intelligence. American Rare Earths is working with U.S. government scientists at the Lawrence Livermore Laboratory to develop bacteria that could process rare earths.

Persons: Steve Marcus, Lockheed Martin's, Lynas, Jim Litinsky, Kray Luxbacker, they've, Allan Walton, Ryan Castilloux, Castilloux, refines, Dysprosium, Tesla, Melissa Sanderson, Nathan Picarsic, Ernest Scheyder, Eric Onstad, Nick Carey, Melanie Burton, Veronica Brown, Susan Heavey Organizations: REUTERS, Lockheed, International Energy Agency, General Motors, University of, University of Birmingham, Adamas Intelligence, Trump, Reuters, Pentagon, Blue, Benchmark Mineral Intelligence, Edge, Sweden's, U.S, Lawrence Livermore Laboratory, Horizon Advisory, Thomson Locations: Pass , California, U.S, China, Apple's, Beijing, Texas, Western Australia, COVID, California, Myanmar, Vietnam, Malaysia, Australia, Kuala Lumpur, United States, San Antonio , Texas, Sweden, South Africa, Karr

☆ How the Russian officer elite has been decimated in Ukraine — here are the generals and top commanders killed in action
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | Nathan Rennolds | ) www.businessinsider.com time to read: +16 min

Vitaly GerasimovMaj. Gen. Vitaly Gerasimov became the second senior Russian commander reported to be killed after Ukrainian military intelligence claimed he was shot dead in Kharkiv. Andrey KolesnikovUkraine's military said in a tweet that they killed Russian Maj. Gen. Andrey Kolesnikov. Ivan GrishinColonel Ivan Grishin, commander of Russia's 49th Anti-Aircraft Missile Brigade, died in Ukraine, according to the Armed Forces of Ukraine. Vyacheslav SavinovLieutenant Colonel Vyacheslav Savinov, who headed Russian artillery intelligence, was killed in Ukraine, a Russian artillery school confirmed. A damaged Russian military vehicle is seen after Russian Forces withdrawal as Russia-Ukraine war continues in Izium, Kharkiv Oblast, Ukraine on September 14, 2022.

Persons: , Oleg Tsokov, Andrei Sukhovetsky Maj, Andrei Sukhovetsky, Sukhovetsky, Vitaly Gerasimov Maj, Vitaly Gerasimov, Alexander Nevsky, Andrey Kolesnikov Ukraine's, Andrey Kolesnikov, Oleg Mityaev Russia, Oleg Mityaev, Anton Gerashchenko, Andrei Mordvichev, Oleksiy Arestovych, Ramzan Kadyrov, Yakov Rezantsev, Illia Ponomarenko, Zelenskyy, Rezantsev, Dmitry Safronov Ukraine's, Dmitry Safronov, Denis Glebov, Glebov, Courage, Konstantin Zizevsky, Mikhail Vedernikov, Yuri Agarkov, Agarkov, Andrei Zakharov, Sergei Porokhnya, Gleb Garanich, Reuters Magomed, Magomed Tushaev, Putin, Vladimir Zhonga, Vladimir Zhoga, Sergei Sukharev, Sergei Krylov, Sukharev, Alexei, Alexei Sharov, Sharov, Sergey Bratchuk, Dmitry Dormidontov, Dmitry Pavlovich Dormidontov, Igor Zharov, Igor Igoshin, Zharov, Denis Kurilo, Kurilo, Anton Kuprin, Kuprin, Anton Gerashenko, Stringer, Denis Mezhuev, Vladimir Petrovich Frolov Maj, Gen, Vladimir Petrovich Frolov, Alexander Beglov, Fontanka, Miras, Miras Bashakov, Ivan Grishin, Vyacheslav Savinov, Savinov, Metin Aktas, Denis Kozlov, Kozlov, Andrei Simonov, Simonov, Roman Kutuzov Major, Roman Kutuzov, Alexander Sladkov, Tsargrad, Roman, Roman Berdnikov, Kutuzov, Volya, Kanamat, Botashev, Artem Nasbulin Maj, Artem Nasbulin, Serhiy Bratchuk, Tsokov, Михаил Ведерников Organizations: UK Defence Ministry, Service, British Defence Ministry, West, Storm, Russian, 7th Airborne Division, Combined Arms Army, Russian Federal Security Service, Arms Army, Interior Ministry, The New York Times, 8th General Army, Southern Military District of, Armed Forces, Twitter, Telegraph, Dmitry Safronov Ukraine's Ministry of Defense, Separate Marine Brigade, Russian Armed Forces, Ukraine's Defense Ministry, Airborne, 247th Guards Air Assault Regiment, Luhansk People's, 56th Air Assault Brigade, Guardian, 12th Engineer Brigade, Russian Armoured, Carrier, Reuters, The Daily Mail, Forces, Sparta Battalion, Donetsk People's, Daily Mail, 331st Guards Parachute, Ukraine, Ukraine's, Strategic Communication, Information Security, The Independent, 810th, Zhukov Brigade, Russian Marines, Evening, Local, 200th, Rifle Brigade, Black, Fleet, Russian Federation, Ukrainian, New York Times, 1st Guards, Banner, The Times, Kremlin, 8th Army, Aircraft Missile Brigade, Armed Forces of, Russian Missile Troops and Artillery, Russian Forces, Anadolu Agency, Getty, Separate Guards Engineers of Keningsbersko, Red Banner Brigade, Courage, Russian 2nd Army, Presidential, Russian Air Force, BBC, High Mobility Artillery, Southern Military District Locations: Russia, Ukraine, Wall, Silicon, Russian, Kharkiv, Mariupol, Chornobayivka, Kherson Airport, London, Yakov Rezantsev Ukraine, Kyiv, Chornobaivka, Ukrainian, Chuhuiv, Donbas, Donetsk, Luhansk, Pskov Region, Andrei Zakharov Ukraine, Ufa, Nova Husarivka, Chechen, Hostomel, Russia's Chechnya, Donetsk People's Republic, Volnovakha, Kostroma, Tatarstan, Pechenga, Sevastopol, St, Petersburg, St . Petersburg, Armed Forces of Ukraine, Izium, Kharkiv Oblast, Izyum, Ukraine's Donbas, Severodonetsk, Kherson, Berdyansk

The U.S. Coast Guard said on Tuesday that several vessels were on their way to assist in the search for the submersible, including its ship the Sycamore and a Canadian Coast Guard vessel, John Cabot. Polar Prince, Deep Energy – a pipe-laying vessel flagged in the Bahamas, and three other Canadian vessels. North Atlantic Ocean Atalante at 11:03 p.m. 200 miles Sources: United States Coast Guard, MarineTraffic, GEBCO Note: All times are in Eastern. The Polar Prince deployed the Titan on Sunday and has been searching the area since losing contact with it less than two hours later. Deep Energy arrived at the scene earlier on Tuesday and launched a remotely operated vehicle, or R.O.V., to aid in the search, the U.S. Coast Guard said.

Persons: John Cabot, CANADA Ann Harvey, Terry Fox, CANADA Newfoundland Ann Harvey Organizations: Atlantic, U.S . Coast Guard, Canadian Coast Guard, Energy, CANADA, CANADA Newfoundland, United States Coast Guard, Canadian Locations: Connecticut, U.S, Polar, Bahamas, Sycamore, Newfoundland, Glace, Eastern

☆ Opinion | Republicans Are No Longer Calling This Election Program a ‘Godsend’
▼ + stars: | 2023-06-06 | by ( Jesse Wegman | ) www.nytimes.com time to read: +2 min

Because of our decentralized election system, the responsibility to sort out this mess falls to the states. Federal and state laws require states to maintain accurate voter rolls, but the states have no established way to communicate and coordinate with one another. The existence of searchable voter data itself is relatively new: As recently as 2000, only seven states had computerized statewide voter databases. One early effort, like the Interstate Crosscheck program, failed miserably because of inadequate data analysis and poor security practices. That information — drawn from voter rolls, D.M.V.

Persons: ERIC, “, ”, Danielle Lang, Ron DeSantis Organizations: Federal, District of Columbia Locations: Florida, ”, Ohio

☆ Opinion | Congress Is Turning Climate Gaslighting Into Law
▼ + stars: | 2023-06-01 | by ( Jonathan Mingle | ) www.nytimes.com time to read: +2 min

If completed, the Mountain Valley Pipeline will be a very large and long-lived methane delivery device. At the end of the line, the methane will be burned in power plants and furnaces, producing carbon dioxide. But now that wind, solar and battery storage are indeed quite ready and, in many places, cheaper than gas, the jig is up. Though the assertions that the pipeline is necessary and good for the climate defy logic, the political calculus is clear enough. Mr. Manchin was also a supporter of another large gas pipeline that would have originated in his state: the Atlantic Coast Pipeline, which I have been reporting on since 2019.

Persons: Biden, Manchin Organizations: U.S . Energy, Administration, Congressional, Atlantic Coast Pipeline, Federal Energy Regulatory Commission

☆ Debt Deal Includes a Green Light for a Contentious Pipeline
▼ + stars: | 2023-05-30 | by ( Coral Davenport | Brad Plumer | ) www.nytimes.com time to read: +1 min

The bill includes some other small steps aimed at getting energy projects of all types approved more quickly by modifying federal permitting policies under the National Environmental Policy Act. But opponents of the pipeline argue that completion was far from certain as several court cases are pending. A provision in the debt deal could deem those challenges moot, and would block any future lawsuits. The agreement would order federal agencies to approve any outstanding permits for the pipeline within 21 days and exempt those permits from judicial review. “This is an unprecedented end run around the courts, which have repeatedly rejected permits over M.V.P.’s failure to comply with basic environmental laws,” said Ben Jealous, executive director of the Sierra Club, which has challenged several permits related to the pipeline.

Persons: ”, Ben Jealous Organizations: National Environmental, White, Pipeline, U.S ., Appeals, Fourth Circuit, District of Columbia Circuit, Sierra Club Locations: Richmond, M.V.P

☆ Jim Brown Should Be Seen Fully, Flaws and All
▼ + stars: | 2023-05-20 | by ( Kurt Streeter | ) www.nytimes.com time to read: +1 min

That is what Jim Brown embodied. Brown, who died Thursday at 87, lived a life that became an ode to self-determination in the face of stinging racism. But we start here with Brown’s life in sports, for his career as an athlete was truly unique. In college at Syracuse, Brown dominated on the football field as few ever have. The second Black player in the history of Syracuse football, he became an all-American in football and lacrosse.

☆ Jim Brown Piled Up Yards, but Never Wavered an Inch
▼ + stars: | 2023-05-19 | by ( Ken Belson | Jenny Vrentas | ) www.nytimes.com time to read: +2 min

His rushing records — most notably his 12,312 yards on the ground — were eventually broken by Payton, Barry Sanders, Emmitt Smith and others. His 104.3 rushing yards per game average still stands as a league record. awards, and owning the N.F.L.’s career rushing record. “There isn’t a man who played running back in the NFL who didn’t see Jim Brown as an iconic legend on and off the field,” Tony Dorsett, one of 10 running backs to surpass Brown’s total rushing yards, wrote on Twitter. As exceptional as he was on the field, Brown was far from a perfect human being.

☆ What to Know About the 2023 W.N.B.A. Season
▼ + stars: | 2023-05-18 | by ( Sara Ziegler | ) www.nytimes.com time to read: +1 min

Griner played no basketball during her imprisonment and is still working to get back into game shape. The off-season was dominated by free-agent signings and trades that established what could be two superteams: the Liberty and the Las Vegas Aces. The Liberty made three key moves: First, they traded with the Connecticut Sun for Jonquel Jones, the league’s most valuable player in 2021. Then they landed one of the top free agents: Breanna Stewart, the 2018 M.V.P., who had won two championships in Seattle. Those three join the returnees Betnijah Laney and Sabrina Ionescu, who have each made an All-Star team.

☆ Why Is an M.V.P. Outfielder Playing Shortstop? Because He Can.
▼ + stars: | 2023-05-18 | by ( Scott Miller | ) www.nytimes.com time to read: +1 min

LOS ANGELES — Mookie Betts was returning from paternity leave, his car was stuck in Chicago freeway gridlock for what seemed like an eternity and he arrived at Wrigley Field late for that night’s game. The Los Angeles Dodgers knew in advance that Betts would miss the first pitch against the Cubs. And Manager Dave Roberts had put Betts on notice that once he arrived he was going to be playing shortstop for the first time in his major league career — and for the first time at any level in 10 years. So which was more harrowing for Betts, an All-Star outfielder and Most Valuable Player Award winner: the anxiety of being caught in traffic while the game was starting, or playing shortstop in the majors for the first time? Roberts, in his ninth season as the Dodgers’ manager, is known for his superhuman-like communication with his players.

☆ ‘Book Club: The Next Chapter’ Review: Cinema Pinot Grigio
▼ + stars: | 2023-05-11 | by ( Amy Nicholson | ) www.nytimes.com time to read: +1 min

The 2018 comedy “Book Club” had a simple, sturdy spine of a plot: Four longtime friends (Diane Keaton, Jane Fonda, Candice Bergen and Mary Steenburgen) power up their sexual prowess while panting over — and mocking — the best seller “Fifty Shades of Grey.” At some point during the brainstorming of “Book Club‌: The Next Chapter,” the returning director Bill Holderman and his co-screenwriter Erin Simms must have decided they could ditch the book gimmick. With a cast this beloved, who cares what they’re reading? This sequel opens with a formal quote from “The Alchemist” and, when pressed, mutters about how its author Paulo Coelho embraces fate. But that’s just a spaghetti-thin excuse to send the pals on a frenetic adventure through Italy with no time to crack open a paperback. Our close familiarity with the cast is the sole thing giving this fluff a sheen of emotional weight.

☆ Russia's M.Video posts adjusted net loss of 6.7 billion roubles in 2022
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: 1 min

MOSCOW, May 2 (Reuters) - Russian electronics retailer M.Video (MVID.MM) said its adjusted net loss shrunk 10.2% in 2022 to 6.7 billion roubles ($83 million), as overall sales fell because of economic uncertainty. The company said revenue was down 15.5% to 402.5 billion roubles in results presented under International Accounting Standard 17. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 69.5% to 15.5 billion roubles, the company said. ($1 = 80.4000 roubles)Reporting by Olga Popova; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ China smartphone sales rise to more than 70% of Russian market
▼ + stars: | 2023-04-17 | by ( ) www.reuters.com time to read: +2 min

[1/3] A girl uses her smartphone on the street in Moscow, Russia August 1, 2022. REUTERS/Evgenia NovozheninaApril 17 (Reuters) - Chinese smartphones made up more than 70% of the Russian market in the first quarter of 2023, consumer electronics retailer M.Video-Eldorado (MVID.MM) said, up from around 50% last year. "Demand for brands from China in quantity terms increased by 42% relative to last year, and their total share was over 70%," M.Video added in a statement on Monday. The Kremlin has also moved to allow Russian companies to ship in some products, including smartphones, without the license holder's permission in so-called parallel imports. Last year, M.Video and mobile operator MTS (MTSS.MM) began selling discounted and used smartphones, offering Russian consumers cheaper alternatives as Western sanctions contributed to economic contraction and falling wages.

☆ Russian electronics retailer M.Video-Eldorado's sales drop in 2022
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. The West moved to curb technology exports to Russia after Moscow sent tens of thousands of troops into Ukraine last year, while several leading manufacturers pulled out of the Russian market. The company cited high volatility in sales of household appliances and electronics. The overall size of the electronics and appliances market in Russia dipped from 2.5 trillion roubles in 2021 to 2.3 trillion in 2022, M.Video estimated in the investor presentation. With government support, Russia's retailers have also moved to boost their sales of electronics from countries that have not imposed sanctions on Russia, such as China, Turkey and India.

☆ Iraqi Kurdistan region's oil output at risk after Turkey halts pipeline exports
▼ + stars: | 2023-03-27 | by ( Rowena Edwards | ) www.reuters.com time to read: +2 min

[1/2] The Iraqi- Turkish pipeline is seen in Zakho district of the Dohuk Governorate of the Iraqi Kurdistan province, Iraq, August 28, 2016. REUTERS/Ari JalalMarch 27 (Reuters) - Oil production in Iraq's semi-autonomous Kurdistan region (KRI) is at risk after a halt in northern exports has forced firms operating there to divert crude to storage, where capacity is limited. Oil firms operating in the region have been left in limbo as they await the outcome of ongoing discussions between Ankara, Baghdad and the KRG to find a way to resume exports. The two firms hold stakes in the Tawke and Peshkabir fields, which produced 107,000 bpd of oil last year. Production at the Khurmala oil field run by Kurdish group Kar is currently unaffected at around 135,000 bpd and heading into tank, a source familiar with the field operations told Reuters.

☆ Tom Brady Retires: The Revised Edition
▼ + stars: | 2023-02-01 | by ( Ben Shpigel | ) www.nytimes.com time to read: +12 min

Tom Brady of the Tampa Bay Buccaneers is retiring from football. His seven Super Bowl titles are more than any single organization has won. He was twice foiled in the Super Bowl by the New York Giants. Brady racked up yardage but Tampa Bay fired its offensive coordinator, Byron Leftwich. Look again, though, at the piercing final play from that game: A 30-yard Rams field goal, the ball snapped from the Tampa Bay 12-yard line.

☆ India's JSW Steel sees exports at more than 10% of 2022/23 sales
▼ + stars: | 2023-01-21 | by ( Neha Arora | ) www.reuters.com time to read: +2 min

JSW Steel expects to sell 22.6 million tonnes of steel in the 2022/23 fiscal year, Rao said, while production is seen at 23.6 million tonnes. Rao said steel demand from Europe was weak but local production cuts were "very severe", helping the company to boost exports. Rao also said there were concerns about the potential dumping of steel from China and Russia into the country. "The global economy is not doing well ... Everybody is looking for markets where they can sell. In 2021, JSW Steel raised $500 million from sustainability-linked bonds, which are linked to the issuer meeting certain environmental, social and governance goals.

☆ Rise in Indian corporate lending signals new investment cycle
▼ + stars: | 2022-11-21 | by ( Ira Dugal | ) www.reuters.com time to read: +5 min

Private investment in India was constrained for years by heavy indebtedness of companies and banks and by weak demand. SBI expects its stock of corporate loans to rise by between 14% and 15% this year and by 12% a year on average in 2023 and 2024. read moreAcross India's banking sector, lending has been rising steadily. Muralikrishna, chief general manager for large corporate lending at Bank of Baroda (BOB.NS), India's second-largest state-owned lender. Dixon Technologies (DIXO.NS), an electronics manufacturer with annual revenue of about 150 billion rupees ($1.85 billion), will receive incentives under the scheme for setting up facilities in five sectors, including electronics. Already, October exports were lower than a year earlier, and Nomura economists cautioned in a note this week that India's investment cycles were closely linked to its export cycles.

☆ India scraps export tax on low-grade iron ore, some steel intermediates
▼ + stars: | 2022-11-18 | by ( Neha Arora | Megan Rowling | ) www.reuters.com time to read: +2 min

NEW DELHI, Nov 19 (Reuters) - India scrapped export taxes on low-grade iron ore and on some intermediate steel products beginning Saturday, after months of complaints from miners and steel makers about loss of foreign sales opportunities. The government also reversed a May rise in export tax on iron ore concentrates other than roasted iron pyrites. The additional taxation imposed in May was intended to boost domestic supply of iron ore, a raw ingredient for making steel, and thereby hold down inflation. Major steel makers have urged the government to unwind the additional export taxation, saying it added to their problem of weakening international demand. Indian producers of low-grade ore depend largely on foreign markets, because most major domestic steel producers use high-grade iron ore.

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