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20 Jan
15:10

JSPL foresees market rebound after December-quarter sales surge

Indian economic growth is expected to pick up in the March quarter, with industrial output rebounding since November 2019, according to Jindal Steel & Power (JSPL). New infrastructure project announcements and the upcoming budget could boost growth further. Global economic growth is expected to rebound 2.7-3.4% on-year in 2020, helped by the US-China trade agreement signing and China relaxing the capital ratio requirement for infrastructure projects, JSPL adds…
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