Higher investments will have to be accompanied by higher domestic savings to keep the savings-investments gap under check. The big missing link now is the government’s focus on stepped-up capital expenditure on infrastructure, but not enough commensurate steps to encourage savings, the report noted.
Behari Lal Engineering shares rally 14% after stellar debut. What are brokerages saying?
Behari Lal Engineering shares surged 14% after making a strong market debut, listing at a 63% premium to the IPO price. Brokerages remain positive, citing