The minister made the comments in the nation's capital during a symposium on the "Achievements of Coal and Mines Ministry."
He noted that Yes Bank is also counting on a faster increase in fee income to help boost margins.
Analysts of IIFL Capital Services believe that TCOM would have to make a sizeable acquisition, which its comfortable leverage ratio (1.3x net debt/Ebitda) should support.
Mgmt. expectation of moderation of growth in PV/CV industries in FY24 is largely in line with analysts of IIFL Capital Services estimates.
The unexpected rate rises this week by the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) have led to higher anticipation that U.S. and global interest rates will continue to rise.
Spot gold was up 0.3% at $1,945.60 per ounce. American gold futures remained stable at $1,960.10.
Brent crude prices were down 1 cent at $76.94 a barrel, while West Texas Intermediate crude futures were up 5 cents at $72.58 a barrel.
LIC's shareholding in Tech Mahindra rises from 6.869% to 8.884%
Petrol and Diesel prices in cities across India on 07-06-2023
The package includes an allotment of 4G/5G spectrum through equity infusion

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