logo
KSB rises on securing major order from L&T

KSB rises on securing major order from L&T

KSB rose 1.33% to Rs 828.80 after the company received a significant order from Larsen & Toubro (L&T) for the supply of boiler feed pumps to NTPC's supercritical power plant projects.
The order includes 15 sets of main boiler feed pumps, booster pumps, motors, and accessories for the Gadarwara STPP Stage-II (2x800 MW) and Nabinagar STPP Stage-II (3x800 MW). Deliveries are scheduled over 2028 months, with payments linked to project milestones.
KSB manufactures a range of standard industrial end suction and high-pressure multistage pumps, submersible motor pumps, monoblock pumps and other value-added parts for the agricultural, wastewater treatment, energy (nuclear and conventional power), and oil and gas sectors, as well as other industries.
Larsen & Toubro (L&T) is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services.
Shares of Larsen & Toubro shed 0.48% to Rs 3,651 on the BSE.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘I stopped being afraid of my numbers': US woman pays off $12K credit card debt with ChatGPT's help
‘I stopped being afraid of my numbers': US woman pays off $12K credit card debt with ChatGPT's help

Indian Express

time32 minutes ago

  • Indian Express

‘I stopped being afraid of my numbers': US woman pays off $12K credit card debt with ChatGPT's help

A 35-year-old woman from Delaware is inspiring thousands online after revealing how she paid off more than $12,000 (Rs. 10.28 lakh, approximately) of her $23,000 (Rs. 19.7 lakh, approximately) credit card debt in just 30 days with the help of ChatGPT. Jennifer Allen, a realtor and content creator, told Newsweek that although she earned a decent income, managing her finances had always been a struggle. 'Not because I don't make enough, but because I was never taught financial literacy,' she admitted. For years, she focused on working harder instead of tackling the real issue that was 'poor financial habits'. Things came to a head after she became a mother. 'We weren't living lavishly, we were just surviving. But the debt piled up while I wasn't looking,' she said. To take control of her finances, Jennifer gave herself a 30-day challenge and used ChatGPT as her guide. Each day, she asked the AI tool for simple, practical financial advice and made a point to follow through. The suggestions were simple and straightforward, and the key was in the consistency. 'It wasn't some big financial hack,' Jennifer said, adding, 'It was the act of facing it every day, tracking it, talking about it, looking at it. I stopped being afraid of my numbers.' The AI suggested steps like cancelling unused subscriptions, selling household items on Facebook Marketplace, and planning meals using what was already in her kitchen. One of the biggest wins came when ChatGPT advised her to review her dormant accounts, leading her to discover a brokerage account she had forgotten about, with $10,000 (Rs. 8.56 lakh, approximately) in it. Another money-saving tip came when ChatGPT recommended cutting back on grocery expenses by using existing pantry items. Jennifer said that the strategy alone saved her hundreds of dollars. At the end of the 30 days, she had paid off more than half of her debt. Encouraged by her progress, Jennifer now plans to do a second 30-day challenge to clear the remaining balance. Allen gave simple advice to people by simply stating, 'Don't wait until you feel ready or smart enough to start. You don't have to know all the answers. You just have to stop pretending it's not happening.'

Debt of 'achhe din': Congress slams Modi government over rise in per capita debt
Debt of 'achhe din': Congress slams Modi government over rise in per capita debt

India Today

time33 minutes ago

  • India Today

Debt of 'achhe din': Congress slams Modi government over rise in per capita debt

The Congress on Wednesday slammed the Centre over the rise in the per capita debt of individual borrowers and said the government is constantly trying to hide the real shortcomings by taking the help of statistics and experts, but the debt burden on the country is at its peak under "Modi Raj".Congress general secretary-in-charge of communications Jairam Ramesh shared screenshots of media reports attacking the media report stated that the average debt of every person in the country has increased by Rs 90,000 in the last two years and the per capita debt of individual borrowers increased to Rs 4.8 lakh in March 2025 from Rs 3.9 lakh in March 2023. The other report, shared by Ramesh, said 25.7 per cent of the ordinary person's disposable income is going towards paying EMIs of loans which are non-productive for them in the future."Debt of 'Achhe Din'! The Modi government has ruined the country's economy in the last eleven years. No effort was made to improve the lives of the people. All the policies were made only for capitalist friends, the losses of which are being suffered by the people of the country today," Ramesh alleged in his post in Hindi on truth is coming in front of us every day in some way or the other, he saidRamesh said the latest report of the Reserve Bank of India has revealed a worrying picture of India's government is constantly trying to hide the real shortcomings by taking the help of statistics and experts, but no one can deny the truth that the debt burden on the country is at its peak in "Modi Raj", Ramesh said."In 2 years, the per capita debt has increased by Rs 90,000 to Rs 4.8 lakh," he said."25.7% of the income is going only in repaying the debt. The maximum 55% of loans go to so-called credit cards, mobile EMIs etc., which means that in this inflation, families are not able to survive with their income, and they are forced to take loans," Ramesh also pointed out that unsecured loans have crossed 25 per cent."The most worrying thing is that by March 2025, India's debt to other countries/external debt was 736.3 billion dollars, which is 10 percent more than last year," Ramesh said."The youth are unemployed. Farmers are committing suicide. People are troubled by inflation. Constitutional institutions are being crushed. People are drowning in debt and Modi ji's best friends are making profits. Their wealth is increasing," he direct question is that when all government projects are being done through public-private partnership or private participation, then why is the debt in the country increasing," Ramesh said."Why is every citizen of the country in debt of Rs 4,80,000?" he Congress has been attacking the government over its handling of the economy and raising concerns over increasing unemployment and price rises.- EndsTune InMust Watch

‘Why is every citizen in debt of Rs 4.8 lakh in ‘Modi Raj'?': Congress accuses Centre of catering to capitalist friends
‘Why is every citizen in debt of Rs 4.8 lakh in ‘Modi Raj'?': Congress accuses Centre of catering to capitalist friends

Indian Express

time36 minutes ago

  • Indian Express

‘Why is every citizen in debt of Rs 4.8 lakh in ‘Modi Raj'?': Congress accuses Centre of catering to capitalist friends

A sharp rise in individual debt levels has sparked political fire, with the Congress lashing out at the Centre after a Reserve Bank of India (RBI) report revealed that the per capita debt of borrowers has soared over the past two years. According to the RBI, the average debt per borrower jumped from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2024, a spike largely driven by higher-rated borrowers. Taking aim at the government's economic policies, senior Congress leader Jairam Ramesh blamed the BJP-led NDA government for pushing ordinary citizens into debt while favouring corporates. 'Why is every citizen of the country in debt of Rs 4,80,000?' he asked in a post on X in Hindi. Attacking what he called the government's pro-corporate tilt, Ramesh alleged: 'Debt of 'Achhe Din'! The Modi government has ruined the country's economy in the last eleven years. No effort was made to improve the lives of the people, all the policies were made only for the capitalist friends, the losses of which are being suffered by the people of the country today.' Continuing the Opposition's criticism of unemployment and inflation, he added: 'Youth are unemployed. Farmers are dying by suicide. People are troubled by inflation. Constitutional institutions are being crushed. People are drowning in debt and Modi ji's best friends are making profits, their wealth is increasing.' Ramesh also cited data to highlight the nature of the debt burden. 'In 2 years, the per capita debt has increased by Rs 90,000 to Rs 4.8 lakh,' he said. Calling it 'deeply worrying,' Ramesh, 71, noted that unsecured loans have crossed 25 per cent and external debt stood at $736.3 billion by March 2025 – a 10 per cent rise over the previous year. Accusing the Centre of attempting to 'hide the real shortcomings by taking the help of statistics and experts', Ramesh said no one can 'deny the truth' that the debt burden on the country is at its peak in 'Modi Raj'.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store