JSW Steel Q1 results: Net profit jumps over two-fold to Rs 2,209 crore; crude steel output up 14% YoY

JSW Steel’s consolidated net profit more than doubled to Rs 2,209 crore in Q1, driven by lower expenses and increased volumes. While total income saw a marginal rise, crude steel production and sales volumes experienced significant year-on-year growth. The company has filed a review petition regarding the Supreme Court’s verdict on the Bhushan Steel and…

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Debt, shame, vanishing dreams: Why millions in China feel trapped – and alone

China’s economic growth masks a debt crisis. Many citizens face financial strain. They struggle with job insecurity and wage cuts. Some turn to side hustles for survival. A few share their debt stories online. The government offers subsidies. However, consumer sentiment remains low. Structural reforms are slow. The Chinese dream faces challenges. People prioritize survival…

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