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Broker’s call: Inox Wind (Buy)

Target: ₹185 CMP: ₹143.80 We initiate coverage of Inox Wind Ltd (IWL) with a Buy recommendation and a target price of ₹185. Inox Wind is a fully integrated wind energy solutions provider. The company is engaged in the business of manufacturing and selling wind turbine generators (WTGs). It also provides erection, procurement and commissioning (EPC),…

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Budget to unveil major reforms, roadmap for Viksit Bharat: President Murmu

NEW DELHI:The upcoming budget for 2024-25 will unveil major economic reforms and present a roadmap for Viksit Bharat, the government’s push to propel India towards ‘developed nation’ status by 2047, President Droupadi Murmu said addressing the joint session of Parliament on Thursday. “Along with significant economic and social decisions, this budget will include many historic…

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Panagariya seeks a home for Finance Commissions’ data

Sixteenth Finance Commission chairperson Arvind Panagariya on Sunday mooted a mechanism that brings together data generated by various Finance Commissions in one place. Noting that a lot of statistics are compiled each time by the Constitutional body appointed every five years, which could come in handy for future Commissions’ work. “Apparently, Finance Commissions are appointed…

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