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.
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline, sources say
Banks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India’s $100 million net open position limit. These measures, aimed at