ETMarkets Smart Talk: 2023 is likely to be a good year for the infrastructure sector: Mohit Ralhan https://ift.tt/LiYyQ58 The market behaviour is typical of the month before the budget. The Indian markets have fallen in four out of the last five years in the month before the budget. The volatility typically goes up as the budget expectations continue to evolve.
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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