China says Covid deaths down by nearly 80 percent https://ift.tt/mSIRQTd figures are believed to only represent a fraction of the true toll, given China's narrow definition of a Covid death and official estimates that swathes of the population have been infected.
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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