Many states to miss capex targets this fiscal: Icra

According to the agency, these 23 states’ combined capital outlay and net lending stood at Rs 3.2 lakh crore as of December 2022, which is only 46 per cent of their FY23 budget estimates. Consequently, a substantial Rs 3.8 lakh crore of additional spending is required in Q4 to meet their budgeted capex of Rs […]

GDP growth may exceed 7 pc this fiscal, says CEA Nageswaran

The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 9.1 per cent in 2021-22, the NSO had said. The growth slowed to 4.4 per cent in the October-December quarter, mainly due to a contraction in the manufacturing sector, as per the data released by the NSO.

Will HAL make the cut for MSCI index inclusion in the May review?

Hindustan Aeronautics has an order book position of Rs 84,000 crore and another Rs 50,000 crore worth of orders are in the pipeline. The PSU company, one of the largest aerospace and defence manufacturers in the world, designs and manufactures aircraft, helicopters, power plants, inertial navigation system and other key equipment.

2 top stock recommendations from Rahul Sharma

Market is at a very crucial inflection point where we have been heavily oversold. Yesterday, we saw a bit of a recovery. If you talk of a green shoot coming in and the bounce back is taking a brief pause today.