China unexpectedly taps central bank chief, finance minister to stay on https://ift.tt/PNx4Z3V Xi Jinping opted for a measure of continuity in key economic policymaking posts after installing close confidant Li as premier, to replace the retiring Li Keqiang.
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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