Asia stocks hit 7-month high on China and CPI bets https://ift.tt/9IkGord on Thursday reported consumer price falls in December and a larger-than-expected drop in factory gate prices - underscoring the weakness in demand that investors are betting will recover over the coming months.
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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