Singapore tops Mauritius in FPI inflows into India https://ift.tt/m6SGFXU in 2016, India reviewed its tax agreements with both Mauritius and Singapore. During that time, Mauritius-based FPIs held ₹4.3 lakh crore worth assets which was nearly double that of Singapore's ₹2.4 lakh crore.
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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