Hitachi Energy India’s stock price increased following a significant order from Power Grid Corporation of India. The company will supply 30 units of 765 kV transformers. This order supports India’s growing energy needs and aligns with the ‘Make in India’ initiative. Demand for power transformers is rising due to renewable energy and industrial electrification.
Fed tightening bets weigh on gold prices
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on