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The World Bank has slashed India s GDP forecast for fiscal year 2021-22 to 8.3 per cent from 11.2 per cent predicted earlier, as the second COVID-19 wave hits India hard. ....
Continuous Galvanized Rebars are value-added rebars for higher life and low maintenance of infrastructure to provide significant cost savings compared to other corrosion resistant rebar systems. ....
Commodity boom helps metal companies strengthen balance sheets Metal companies balance sheets have improved significantly debt levels have fallen and leverage ratios have improved. Synopsis Total net debt of the top six metal companies including Tata Steel, JSW Steel, Vedanta, Hindalco, Jindal Steel and Power and SAIL fell by Rs 80,000 core year-on-year to Rs 2.5 lakh crore in FY21. ET INTELLIGENCE GROUP: Once struggling with high debt burden and low earnings due to volatile demand, Indian metal companies have seen their fortunes change over the past year. With rising global prices and improving demand scenario, their balance sheets have improved significantly debt levels have fallen and leverage ratios have improved. The net debt of these companies relative to operating profit before depreciation and amortisation ....
Neha Bagaria, founder and chief executive, JobsForHer, further said, “With schools shut, no domestic help at home for many, and caregiving responsibilities for elderly parents, career has got deprioritised for many women.” ....