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Passenger vehicle makers are expected to spend Rs 65,000 crore between FY23 and FY25, as companies ramp up outlay towards capacity expansion and new product development, credit rating agency Icra said. #Passengervehicle #Automobile #ICRA
Punjab National Bank plans to raise up to Rs 4,000 crore through issuance of tier-2 bonds later this week in order to fund firm loan growth, according to reports. Bhaskar Dutta reports #PunjabNationalBank #PNB #Bonds
Oil prices fell close to the lowest this year as street protests against strict Covid curbs in China, the world's biggest crude importer, stoked concern over the outlook for fuel demand. #oilprices #china #globaleconomy #covid #pandemic
Govt could target fiscal deficit of 5.8-6% of nominal #GDP for 2023-24, and it should continue its capital expenditure push and look to simplify personal income tax regime, economists recommend Finance Minister. @aruproytweets reports #NirmalaSitharaman
Creditors of Jet Airways and company's new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy, putting the carrier's future in limbo. #jetairways #bankruptcy #aviationsector
#MarketsWithBS | Shares of tyre companies were in focus on Monday with Apollo Tyres, Ceat & JK Tyres surging up to 9% in the intra-day trade amid heavy volumes. #BuzzingStocks #ShareMarket #Markets
Raymond, Coal India: Over two-thirds of Nifty500 stocks trade above 200-DMA