Trade deficit jumps to record $25.63 billion in June https://ift.tt/uwB5UG0 trade deficit during the first three months of this fiscal year widened to $70.25 billion from $31.42 billion in the year-ago period, according to data released by the commerce and industry ministry.
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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