The US economy is surprisingly strong, with significant corporate spending projected. In contrast, global investors are cautious about India, underweighting its market due to an earnings slowdown. However, a turnaround is anticipated with expected rate cuts, GST reductions, and PSU pay hikes. Improved corporate earnings are seen as the key to attracting foreign investment back to India.
Inox Wind shares gain 3% after bagging Rs 1,600-crore order from NLC India
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned