Oil's fall brings inflation comfort for RBI https://ift.tt/OMRzlvh food inflation remains a concern, the second-order effects from higher input prices are likely to be more benign than initially estimated. Lower commodity prices, particularly of crude oil, should reduce risks of imported inflation.
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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