Reserve Bank of India Governor Sanjay Malhotra addressed state finance secretaries. He highlighted the importance of sticking to the borrowing calendar for state bonds. Malhotra emphasized fiscal discipline to boost economic growth. States need to improve spending quality. He also urged prudence in off-budget borrowings. These measures are crucial for sustainable financial health.
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