Several states, including Kerala and Maharashtra, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power dues, unspent central funds, and off-budget borrowings, which states argue restrict their financial plans and legitimate borrowing space.
IT stocks face fresh AI worries; is more correction ahead?
Indian IT stocks are experiencing a significant correction, driven by fears of AI automation impacting outsourcing demand, amplified by Nvidia’s AI chip announcements. Analysts, however,