India is positioning its chemical and petrochemical industry to become a global leader. The sector aims to increase its output to USD6 trillion. This growth will be driven by strategic partnerships, investments in sustainable practices, and innovation. Various states are key contributors, with policies and projects enhancing production and exports. The industry’s expansion is crucial for India’s economic goals.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders