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Corporate credit growth in the Indian economy has gone down to mid-single digits owing to high percentage of NPAs in Public Sector Banks.
"Anti-dumping duty on coke is hurting our revival despite prices of ferro alloy has gone up by 80 to 100 per cent. The duty has come as a fatal blow to the industry when costs have jumped three to four times since last one year," Rohit Ferro-Tech managing director Ankit Patni said here today.
According to an official filing before the BSE and NSE, substantial amount of statutory dues amounting to Rs 23.69 crore is overdue and is still unpaid.
15h - Asif
19h - Asif