Speaking to CNBC-TV18, Sanjeev Sanyal, Member of the Prime Minister’s Economic Advisory Council noted that while high-frequency data suggests some deceleration, the tools to counteract it are well within reach. He highlighted that the Reserve Bank of India (RBI) has yet to embark on a significant easing cycle and that fiscal spending, particularly on capital expenditure, could be ramped up without breaching budgetary limits.
Shares of Aditya Birla Capital Ltd ended at ₹184.55, down by ₹0.45, or 0.24% on the BSE.
Shares of Tata Power Company Ltd ended at ₹408.10, up by ₹3.35, or 0.83% on the BSE.
This comes after Adani Infrastructure bought 30.07% stake in PSP Projects for ₹685.36 crore.
Shares of JSW Steel Ltd ended at ₹946.00, down by ₹3.70, or 0.39% on the BSE.
The outcome of these legal proceedings is expected to have significant implications for the industry, particularly regarding customs and GST treatment of ethanol and other excisable goods.
Shares of NLC India Ltd ended at ₹237.00, up by ₹2.85, or 1.22% on the BSE.
The change aims to align with retail investor norms under ICDR regulations and mitigate the increased retail participation in SME IPOs, which carry higher risk.
Shares of Dr Reddy’s Laboratories Ltd ended at ₹1,213.45, up by ₹20.10, or 1.68% on the BSE.
Shares of Garden Reach Shipbuilders Engineers Ltd ended at ₹1,411.60, up by ₹23.25, or 1.67% on the BSE.
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