The budget seeks to lay the foundation to steer the economy over the next 25 years. It lays out four wide-reaching priority areas covering infrastructure, inclusivity, productivity...
ICRA estimates a capital expenditure of over Rs 20,000 crore between FY2022 and FY2025
OEMs are expected to maintain healthy credit profiles, supported by low leverage and healthy liquidity; however, commodity pressures likely to keep margins constrained in the current...
The second wave of the pandemic has hit domestic steel demand in the current year, with a 22 per cent M-o-M drop in April 2021, and a further 1% sequential decline reported in May 2021...
Demand drivers will be Central Government projects, particularly roads and rural demand
Although sustainability remains to be seen
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