he government staying committed to lowering the public debt-to-GDP ratio and fiscal deficit in the Union Budget augurs well for the Indian bond market, say experts. In the Budget 2024, the total capital expenditure for the financial year 2025 was kept unchanged at Rs 11.1 lakh crore, while the fiscal deficit target was reduced to 4.9 percent from the Interim Budget’s estimate of 5.1 percent.
Investors hold on to gold ETFs even as prices slump after custom duty cut
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