India’s solar sector is experiencing a surge, driven by decreasing panel prices, prompting industries like Maruti to adopt solar power, reducing long-term costs. Despite potential export revenue margin pressures and reduced government subsidies post-Trump era, India is significantly expanding its solar capacity. Among automakers, M&M presents a strong investment opportunity due to its diverse product range and upcoming EV models.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.