Typhoon Saola makes landfall in southern China after nearly 900,000 people moved to safety https://ift.tt/Dd4CRzE Saola has made landfall in southern China after forcing the evacuation of nearly 900,000 people and suspending business and transport in Hong Kong and other coastal areas. The storm is forecast to move along the Guangdong coast before weakening and heading out to sea. Trading on Hong Kong's stock market was suspended, flights were canceled, and train services were halted.
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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