India to be world’s second-largest economy by 2075: Goldman Sachs https://ift.tt/tN1FJ5L will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the US, stated a Goldman Sachs report on Monday. According to the investment bank report, as India's population of 1.4 billion people becomes the world's largest, its GDP is forecast to expand dramatically.
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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