Source: Investor Presentation of GE Power India Ltd
FGD- Flue Gas Desulfurization
FGD is mandated for power plants to reduce pollution.

Source: Investor Presentation of GE Power India Ltd
FGD- Flue Gas Desulfurization
FGD is mandated for power plants to reduce pollution.

Some stuff I am reading today morning:
Tesla to start site seach in India (HT)
Death of currency derivative trading (BT)
Smallcaps on a tear (BS)
High valuations could tame the bull market (FE)
NSE to launch 4 new indices (MC)
Patanjali’s decade long misinformation spree (Money Life)
Company: Tega Industries (Forbes)
Is Fundamental Analysis dead? (Howard Lindzon)
On Tail Hedging (Alpha Architect)
China’s real estate correction may only be half done (CNBC)
At the end of a hiking cycle and the beginning of possible rate cuts, that’s where gold and other precious metals start to move.
Keep in mind what happened after previous rate hike cycles:
In June 2000, the Fed completed its last rate hike for that cycle; gold appreciated 47% in the next four years.
In June 2006, the Fed raised rates for the last time in that cycle, and gold was 50% higher by 2008.
In December 2018, the Fed finished off that rate-hiking cycle; gold was 47% higher by the third quarter of 2020
–Interview of Larry McDonald,The Bear Traps Report