Fiscal consolidation and growth thrust hallmarks of Budget: Amish Mehta https://ift.tt/ypK5eJj targeting a fiscal deficit of 5.9% of GDP for FY24 (vs 6.4% for FY23RE), budget has stayed on the committed glide path to below 4.5% by FY26. A lower deficit will also have a salutary effect on government's borrowing costs and is in sync with the RBI's actions to tame inflation.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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