Indian equities stay a bright spot for FPIs among EM peers https://ift.tt/eb8zNok six-month rolling cumulative investment of foreign investors rose to $20.6 billion (₹1.69 lakh crore) - the highest in 28 months, data from NSDL showed. There are only nine instances in the last 15 years when the six-month rolling monthly investment rose more than $20.5 billion.
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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