 "Core sector production plummeted 1.8% in August, driven down by coal, oil, and electricity, raising concerns for industrial growth.")
In August 2024, the production growth of eight key infrastructure sectors in India saw a decline of 1.8 percent. This downturn was primarily due to lower outputs in coal, crude oil, natural gas, refinery products, cement, and electricity. This is a significant shift from the growth rate of 6.1 percent recorded in July. Despite the ...
Chennai’s Chief Minister MK Stalin has returned home after his official visit to the United States, which lasted 17 days. During his trip, he aimed to boost industrial investment in Tamil Nadu and successfully signed deal agreements worth Rs 7016 crore with 18 major international companies in San Francisco and Chicago. At the airport, Tamil ...
 "KKR bets on industrial assets and digital infrastructure, predicting a 0 trillion investment surge by 2040 amid evolving markets.")
KKR & Co. has significantly increased its investment in digital infrastructure, focusing on assets like fiber connectivity, data centers, and logistics. According to Raj Agrawal, KKR’s global infrastructure head, industrial assets such as storage facilities are becoming crucial as Fortune 500 companies seek to sell these for better financial stability. The shift towards renewable energy ...
At the end of April, the top shorted S&P 500 industrial stocks included companies from the NYSEARCA:XLI index. Investors were keeping a close eye on these stocks as they showed high levels of short interest, indicating bearish sentiment in the Market. Stay tuned for more updates on the stock performance of these companies in the ...
