The overall theme of the Interim Union Budget 2025 was being prudent and focusing on long term growth. The fiscal deficit for F2025 had been estimated at 5.1% as against 5.8% in F2024. There were no populist measures either, in fact the overall subsidy has been reduced by ~8%. The overall Capex spent by the…
READ MOREMumbai: Banks are preparing for collective equity fundraise of nearly βΉ40,000 crore in the second half of this financial year, show data compiled by ET. They are expected to use the fresh capital to reinforce balance sheets, mainly to support expansion. The boards of state-run Punjab National Bank (PNB) and Bank of Maharashtra have approved…
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