European business chill may hurt Indian companies, too https://ift.tt/ap0GS8n the British pound tumbling to its all-time low against the US dollar amid a gloomy outlook for Europe, analysts expect the earnings of companies with business interests in the region to be under pressure.
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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