Volatility in global markets, Fed's hawkish tone to weigh on Dalal Street https://ifttt.com/images/no_image_card.png"As central banks' normalisation efforts have to catch up with deteriorating expectations, financial conditions are tightening sharply, suggesting that real economic variables could deteriorate more rapidly in the coming months."
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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