Fed chair Jerome Powell, who sounded more hawkish than anticipated, has increased the interest rate forecast to 4.4% by the end of 2022. The indication is that 125 bps more rate hikes can be expected in the remaining two policy meetings scheduled this year.
Capacity addition, project viability bring zing to hydropower stocks
India has a hydropower potential of 250 GW of which only 21% is tapped. Since hydropower has one of the lowest greenhouse emissions, it is