This is the time for India, next 1-2 decades will be golden: Krishna Memani https://ift.tt/mHGpkFD Memani believes that India is set for sustained growth over the next couple of decades and has recommended investment in companies that have "world-class" potential, citing infrastructure investment and a changing investment policy as driving forces behind growth. While market performance may remain strong in the short-term, he predicts volatility may arise later in the year due to Fed rate cuts, which were previously priced in but may get priced out.
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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