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Heatwave: record power output, spike in durables’ demand lift May IIP to 7-month high
The Hindu· 1 hour agoWith the country in the grip of a heatwave in May, India’s electricity generation hit a record high and the production of consumer durables such as air-conditioners and refrigerators jumped ...
High inflation, better industrial growth will aid RBI in holding rates higher for longer, say...
CNBC Awaaz· 2 hours agoA higher inflation print, coupled with higher industrial production, will provide support to the...
Sadbhav Engineering seeks debt restructuring; interim debt at two SPVs
The Economic Times· 1 day agoListed infrastructure firm Sadbhav Engineering is working on a debt restructuring plan for Rs 750 crore, extending the debt repayment period up to seven years. As directed by the National Company ...
Budget 2024: Capital goods sector expects higher allocations towards railways, power
CNBC Awaaz· 1 day agoIn FY24, spending by the government on railways grew a strong 28 percent on-year and on defence by...