News Overview

At its meeting on March 16, the board gave a fund-raising committee the authority to specify the parameters of the planned fundraising.

The regulations offer stability on the regulatory framework for all operational units; further, through a favourable incentive structure CERC has improved risk reward for hydro IPPs; analysts of IIFL Capital Services also like the approach to reflect underlying inflationary trends in benchmark costs which should allow better cost recovery.

The regulator suggested in a consultation document dated December 9, 2023, about the framework for issuing subordinate units for REITs and InvITs

The Scheme may help the foreign brand get an entry into the India market. However, if the OEM is unable to meet the listed conditions (investment, timelines, localisation), it would be liable to pay the “customs duty foregone” to the government.

The Federal Open Market Committee will meet for two days to discuss interest rates starting on Tuesday. On Wednesday, it will make the announcement about its rate choice and issue a statement.

According to a Reuters study, the attacks caused Russia's refining capacity to idle by about 7% during the first quarter.

The markets are pricing in a 39% chance that the BOJ will act on Tuesday, but it is possible that the central bank will decide to wait until its April meeting.

Asian equities rose on Monday as Chinese data surprised to the upside, but investors sought to negotiate a minefield of central bank meetings.

Here are some of the stocks that may see significant price movement today.

The US Fed meeting will be the big data point next week, despite rate cuts being ruled out.