Metal stocks like Vedanta, NALCO, and Tata Steel rose up to 4% as China’s central bank announced economic stimulus measures. The People’s Bank of China plans to lower borrowing costs and increase liquidity, leading analysts to be cautiously optimistic about a short-term rebound in metal prices.
Expecting FDI to increase to USD 100 bn/annum in coming years: DPIIT Secy
New Delhi is receiving USD 70-80 billion in foreign direct investments annually and aims to reach USD 100 billion per year. The government is easing