Balrampur Chini reported a 4.6% decrease in net profit for Q1 due to lower sugar output. The company’s results were impacted by the decline in sugar production, leading to a slight dip in profitability. Despite this, Balrampur Chini remains focused on navigating challenges and optimizing performance in the current market conditions.
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Xi Jinping snubs EU-China anniversary summit
Roula Khalaf, Editor of the FT, highlights tensions between the EU and China as President Xi Jinping declines an invitation to a summit in Brussels, leading to concerns about China's commitment to cooperation amidst trade frictions and geopolitical issues. Despite ongoing talks, the EU questions China's trade practices and subsidies, as well as the sincerity of recent Chinese overtures, while navigating a delicate relationship with Beijing amid global uncertainties and conflicting diplomatic signals. EU officials...
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