Can We Fight China With Such A Budget?

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their......

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Company expects to improve EV penetration and expand margins in CV segment Photograph: Hitesh Harisinghani/Rediff.com There is no impediment to normal operations as Tata Motors puts in place the......

India Inc capital expenditure story gets cement to semiconductor push

Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. Illustration: Uttam......

Iron-ore price recovery, steady demand positive for NMDC

As the largest domestic producer of iron-ore, NMDC Ltd is expected to produce around 45 million tonnes (mt) of ore in FY24. Photograph: NMDC/LinkedIn Its 11MFY24 production is around 40.2 mt. In......

Higher cash flows and moderate valuations to support Coal India stock

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y.......