Page 3 - Interim Budget News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The reserve bank of india will pay a record rs 2.1 lakh crore dividend to the government for the fiscal ended on march 31, more than double of what was budgeted expectation, helping shore up revenue ahead of a new government taking office. the rbi board, at its meeting on wednesday, approved the transfer of surplus, the central bank said in a statement. the government had budgeted a receipt of rs 1.02 lakh crore as dividends from the rbi, public sector banks and financial institutions in the interim budget

Nifty hits a record high while Sensex surges 1,200 points, fuelled by RBI's Rs 2.1 lakh crore dividend for the government. Analysts anticipate positive macroeconomic effects, including potential fiscal deficit reduction and infrastructure spending boost.

Stock market rally today: Optimism over election outcome coupled with ease in bond yields lifted NSE Nifty to a new high

Stock market today: Nifty Bank jumped 1.6% while PSU rail and defence stocks rose as well- GRSE, Cochin Shipyard and Mazagon Dock were up to 20%.

Even as the overall property sector has witnessed a recovery, budget housing continues to bleed