The central government has pegged the gross borrowing at Rs 15.4 trillion to fund its fiscal deficit of 5.9% for FY24, finance minister Nirmala Sitharaman said in her Budget speech. The overall borrowing of the government is lower than Rs 15.8 trillion estimated in a Bloomberg survey, but higher than Rs 14.2 trillion budgeted for […]
The Indian share market outperformed most other markets last year, benefitting from better management of macros including inflation, and corporate earnings that did not disappoint despite challenging times. India got a larger than proportionate share of FPI funds directed towards emerging markets. Benchmark indices BSE Sensex and NSE Nifty 50 managed to end more than […]