Up to 100% foreign ownership of insurance firms, and overhauled rules for banks, pension funds and capital markets aim to shift savings from idle assets toward equities, bonds and long-term investments.
Total funding down from $12.2 billion in 2022 to $3.4 billion in the southern state, according to report by Market research firm Traxcn. Bengaluru alone is home to 18,000 startups.
Union Budget brings home to markets the unpleasant reality of fiscal dominance where RBI ends up prioritising deficit financing over its primary function of inflation control.
After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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