⭐ Indian Securities Market News Today: Tata Power-Suzlon Offer, Arunachal Hydropower Project, Inflation Falls, SEBI FPI Reforms
✅ 1 Tata Power– Suzlon Power 6, 000 Crore Deal
Tata Power and Suzlon Power have signed a significant 6, 000 crore arrangement to set up a 700 MW wind power project in Andhra Pradesh.
This is the very first wind power project in the state because 2019
It belongs to a 49, 000 crore, 7 GW clean power plan.
The task will certainly reinforce the environment-friendly power sector and produce brand-new work possibilities.
✅ 2 8, 146 Crore Hydropower Task Approved in Arunachal Pradesh
The Central Federal government has actually approved the 700 MW Tata-II Hydropower Task in Shi Yomi area.
Task expense: 8, 146 21 crore
Completion timeline: 72 months
Benefits: Boost to power supply, infrastructure, and neighborhood advancement.
✅ 3 Retail Rising cost of living at 8 -Year Low
In July, India’s retail inflation dropped to 1 55 %.
Main reason: Sharp fall in veggie and pulse rates.
For the first time given that 2017, it has actually fallen listed below RBI’s target range of 2– 6 %.