The Investment Friendliness Index, introduced in Union Budget 2025, aims to boost competitive federalism by ranking Indian states based on investment potential. It evaluates factors like infrastructure, taxation, and business ease to attract domestic and foreign investors. While promising growth, challenges remain in data accuracy and state-level reforms.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires