After a swift ride in FY23, will auto stocks maintain speed in FY24 or slow down? https://ift.tt/SY7jAWo strong growth in demand for passenger vehicles, particularly premium cars, has aided the earnings growth of four-wheeler makers and also prompted them to scale up capital spending and line up new launches.
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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