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Business

Commodities primed for major week ahead

LONDON: Commodities investors will zero in this week on the tide of moves around the globe to ease the anti-virus lockdowns that have crippled economies. Raw materials may get a lift as the shackles are loosened from the United Kingdom and the United States to Australia, Germany and India. Among gainers on Monday, copper surged in London after a holiday-lengthened weekend.

India

India offers land twice of Luxembourg’s size to firms leaving China

NEW DELHI: India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to sources with the knowledge of the matter. A total area of 461,589 hectares has been identified across the country for the purpose, the sources said.