NTPC’s shares have surged, outperforming the power index, as investors anticipate strong capacity additions and green energy growth. The company is accelerating renewable energy projects through its subsidiary NGEL and investing in energy storage and nuclear technologies. Analysts maintain a ‘buy’ rating, citing diversification efforts and project execution.
RBI mandates payment of inward remittances on same business day
The Reserve Bank of India is speeding up money transfers from abroad. Banks must now credit foreign payments to accounts on the same business day.