Investing in US treasury has a twin advantage at a time when the US Federal Reserve is increasing rates and the dollar is getting stronger, said Bank of Baroda chief economist Madan Sabnavis. It helps gain higher returns in the long term. “Also, investment value remains strong. Any other currency will face depreciated value on principal in the present environment,” he said.
Inox Wind shares gain 3% after bagging Rs 1,600-crore order from NLC India
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned