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India is in a great position to actually apply AI. And if the power situation gets resolved by having more power plants, you are going to probably need to add about two gigs worth of power to be able to support the data centres.
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Stocks of auto OEMs and component makers have fallen sharply due to FII sell-offs and earnings downgrade expectations. The upcoming Union Budget is anticipated to address industry demands for GST rate simplification, hybrid vehicle GST reduction, and improved PLI schemes. Despite superior 1-year returns, the BSE Auto index has struggled over the past six months.
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The firm says increases were necessary to fund infrastructure aimed at coping with climate change.
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News and Media
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