Economy watch
The government plans to add 78,577 MW of capacity during the 11th Five-Year Plan but coal shortages and rising input costs will make the target difficult to achieve.
Power generation capacity
July 30, 2008.
Impact: The government plans to add 78,577 MW of capacity during the 11th Five-Year Plan but coal shortages and rising input costs will make the target difficult to achieve.
Gilt yields
Impact: After moving up for five years, G-sec yields are expected to slide in the near future. Falling oil prices and moderating GDP growth may force RBI to ease its tight money policy, resulting in softer interest rates. Consequently, prices of G-secs will rise.
