HSBC's chief India economist says the central bank must drain up to Rs 7 lakh crore of surplus liquidity within a fortnight, either through a cash reserve ratio hike or dollar sales, as Foreign Currency Non-Resident (Bank) deposits far outpace expectations
Xiaomi 18 Fold will launch on September 7 with a wide-format foldable display and the new XRing 03 chip, ahead of Apple's expected iPhone Ultra reveal.
India's largest power generation, NTPC's structural pivot toward a regulated, cost-plus thermal base alongside an aggressive renewable and nuclear expansion positions it as a direct and diversified beneficiary of India's decade-long power capex buildout, adds the brokerage.
