Wed, Nov 20, 2024 6:18 PM
Bullish on solar, not keen on FDRE: NTPC CMD Gurdeep Singh
A Flip by Avya Verma
Stock Check: Marico share price slumped nearly 20% from its 52-week high level of ₹719.85, which was recorded on 3 October 2024. The Mumbai-based company is a top Indian FMCG company that exports to more than 25 countries. The company’s range of products consists of brands like Parachute, Saffola, and Livon. Marico share price has corrected nearly 12% in the last three months.
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India's steel sector faces profitability concerns due to dumping, depressing global prices, and may require an anti-dumping duty. Industry inventory levels have increased from 15 to 30 days, driven by a 41% year-on-year surge in imports in H1FY25. To avoid becoming a net importer by 2030, India needs Rs 10 lakh crore in private investment to increase capacity by 120 million tonnes.
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The adoption of global carbon market standards at COP29 paves the way for a new international carbon market under Article 6.4 of the Paris Agreement, promoting mitigation activities and emission reduction. The mechanism is designed to restore credibility in the carbon market by generating high-integrity emission reductions.
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