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21 States lag in capex targets
Capex Run Rate State capex rises to 35% in H1 Poll code comes into effect in March qtr It’ll put pressure on State capex ...
Centre's borrowings may touch Rs14.8L cr in FY24
States' loan component at Rs24.4 lakh cr next financial year, says Icra
Rating agencies slash GDP growth forecast
Crisil lowers FY23 growth by 30 bps to 7%; Icra slashes Q2 GDP to half of last fiscal at 6.5%; Ripple effect of the global slowdown will be felt more...
Despite higher food prices, WPI falls to 3-mth low
Wholesale Price Index (WPI) based inflation eases to 15.18% in June from 15.88% in May; It’s 12.07% in June 2021
ICRA lowers FY23 GDP growth forecast to 7.2%
Earlier, it predicted 8%; Attributes reasons to higher commodity prices, fresh supply chain issues arising from the Russia-Ukraine conflict and...
Will Centre lower fiscal deficit target for FY23?
Industry watchers have estimated the FY23 fiscal deficit target to range from 5.8-6.4%
States' debt cost rises to 7.24%
The weighted average cut-off for states’ 10-year debt auctions or state development loans as they are known, has hardened by 9 bps to 7.24% at today's...
Soaring cost of debts mounting pressure on States
Borrowing cost soars past 7.16%; Hardening of the rates at the auction comes in the wake of the expected large supply of debt from the States, as...
