Japan's Kirin raises stake in Bira 91 to about 20% for ₹570 crore https://ift.tt/isUkru5 fundraise comes at a time when beer consumption is seeing strong recovery after two years of pandemic-induced stress that led to closure of bars and restaurants, followed by curbs on operating hours of bars and serving of alcohol.
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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