Despite adequate domestic production, primary aluminium imports have surged, showing a 30 per cent year-on-year increase, driven by imports from China and free trade agreements with ASEAN and Middle Eastern countries
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According to petroleum and natural gas ministry data, companies spent a total of Rs 26,500 crore during the April-June quarter, achieving about 22 per cent of their annual target
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The company also plans to build a new manufacturing facility for surge arresters, which will be operational by the second half of FY2024
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The stable outlook reflects our view that BPCL's credit metrics will remain appropriately positioned despite the company's large capital spending plans over the next five years
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The move to install Rooftop Solar Projects (RTS Projects) across government buildings is an initiative under the ambitious PM Surya Ghar Yojna Scheme which aims for 100 per cent solarisation of government-owned buildings by December 2025
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The State Bank of India will be given USD 90.5 million from ADB and the National Bank for Agriculture and Rural Development (Nabard) will be receiving USD 150 million
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The industry leaders are expecting various reforms, bold measures and continuation of the work from the Modi Government for India’s energy needs
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Developers and industry bodies are advocating for policies that will stimulate demand, such as tax incentives for homebuyers and relaxation of GST rates on under-construction properties
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