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India's Top Court Revokes Order To Reopen Vedanta Smelter

INDIA'S top court, Supreme Court today (18) has set aside an order by an environmental court which had cleared the way for reopening Vedanta's south Indian copper smelter, in a blow to the company's plans to begin operations.

The government of Tamil Nadu state ordered the smelter shut permanently in May after violent protests at the plant in the city of Thoothukudi in which 13 people were killed.


In December, India's National Green Tribunal (NGT) revoked the state decision to shut the plant, prompting the state government to appeal in the Supreme Court.

(Reuters)

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Consumer confidence climbed slightly in October, with more shoppers planning big purchases ahead of Black Friday.

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UK shoppers feel more confident ahead of Black Friday sales

Highlights

  • Consumer confidence rose two points to -17 in October.
  • More people planning big purchases, up nine points from last year.
  • UK shoppers have €30,486 spending power per person, sixth highest in Europe.

Shoppers turn hopeful

Britons are feeling more positive about spending money as Black Friday approaches, new figures show, though many are nervous about what the upcoming budget might bring.

Consumer confidence climbed slightly in October, according to the GfK Consumer Confidence Barometer. The biggest change was in people’s willingness to buy expensive items like TVs, furniture and kitchen appliances.

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