Asian markets mostly weaker as investors question China reopening https://ift.tt/gnwIOKW positive reaction to the reopening is starting to give way to the realisation that it's going to be a lumpy path for China to get there, JP Morgan Asset Management's global market strategist Kerry Craig told Reuters.
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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