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Being the biggest consumer, China drives metal prices. “Jefferies China team expects fiscal policy to be more supportive, and investments to boost economic growth and avoid deflation in 2024,” the firm said.

SEZs are treated as deemed foreign territory for customs laws and bringing goods from these zones into the domestic tariff area (DTA) or domestic market is tantamount to imports.

Indian exports of these products were earlier attracting additional duties in the US, as Washington, in 2018, imposed a 25 per cent import duty on steel products and 10 per cent on certain aluminium products on grounds of national security.

Alembic Pharma is planning to launch over 20 products in the current financial year (FY24), with a focus on oral solids, injectables, and derma segments.

Motilal Oswal said that NMDC is on track to produce 46 MT of iron ore in FY24E.

Motilal Oswal said that NMDC is on track to produce 46 MT of iron ore in FY24E.

The market anticipates volatility, influenced by factors such as the surge in COVID-19 sub-variant JN.1 cases in India, FOMC minutes on January 4, and US NFP figures later in the week.

Shares of Tata Motors have scaled greater all-time highs in the past five sessions of the back of its strong growth prospects.

The share touched a 52-week high of Rs 1,381.60 and a 52-week low of Rs 930.00 on 07 August, 2023 and 28 March, 2023, respectively.

The scope of the project comprises establishment of two 765kV D/C transmission lines traversing Rajasthan and Delhi along with associated bay extension works at existing substations.