The govt will adhere to its plan to borrow Rs 12.05 trillion in the year through March. FM Nirmala Sitharaman had earlier indicated that the govt may borrow about Rs 1.6 trillion extra.
The quick turn in sentiment came after the benchmark 10-year yield rose to its highest since March, accentuated by an RBI policy review held on 6 August.
Traders fear latest crackdown on China's education, food delivery & property sectors could expand to other industries, as it looks to tighten grip on Big Tech and reduce wealth gap.
Govt wants to sell 12.1 trillion rupees of bonds in next fiscal to support its spending plan, but central bank officials are reluctant to let the 10-year yield increase.
With asset values still seen as inflated, investors are waiting for a potential second downturn after stimulus measures end but before mass vaccinations enable economies to restart.
China has not specifically protested about the revival of advanced landing grounds. However, given the historical and tactical significance of Chushul, it may make an exception.
Naidu attempts to shield aqua farmers after Trump’s tariff hits the shrimp farming sector in Andhra Pradesh, leading to the cancellation of 50% of the state's exports.
Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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