GE Vernova T&D India’s shares have surged 47% year-to-date, driven by a robust order pipeline including significant contracts from Adani Energy Solutions and Power Grid Corporation. The company’s order backlog, exceeding three times its FY25 revenue, signals strong long-term revenue visibility and supports projected revenue growth and capacity expansion.
Fed can afford to stay patient as inflation risks ease: Steve Englander
The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Englander of Standard Chartered.