Sun, Oct 17, 2021
US-based clean energy and mobility products start-up Power Global plans to invest around USD 25 million (around Rs 185 crore) to set up a lithium-ion battery manufacturing unit and battery swapping infrastructure in India over the next two to three years.
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Fri, Apr 20, 2018
Chris Wood sees a more stable rupee than the historic pattern of an annualised 4% depreciation against the US dollar as RBI has shown a continued commitment to maintain real interest rates. Still in the near term the risks on the currency are rising given oil’s continuing rally, he said. He further noted that the Indian currency does not look cheap on a real effective exchange rate basis.
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