Why sell now, buy later may not be the right strategy in this market https://ift.tt/nsDNiBR stock markets are still expensive on an aggregate basis notwithstanding the higher growth that India is witnessing versus other emerging markets. Countries across the world are now targeting inflation by raising interest rates to counter inflationary pressures.
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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