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EU mid-market update: Overextended US equity rally given a scare but attempts to return to business as usual; China responds to tariffs with export bans.
The Central government has allowed 22 states to carry out additional borrowing of more than Rs 60,000 crore, or $7.21 billion in total in the financial year ending March 2024, over and above their net borrowing ceiling, the Finance Ministry said in a post on X.
- Most assets trade flat to mixed amid a session light on news.
There’s been a drop but we surely can’t expect India’s young to spend and save more simultaneously
Public finances, underlying debt in five years' time is now forecast to be nearly three percentage points of gdp lower than it was in the autumn. that means more money for our public services and a lower burden for the future generations. deeply held conservative values, which we put into practice today. at the autumn statement, i also announced that public sector net borrowing must be below 3% of gdp over the same period. the obr confirmed today we are meeting that rule with a buffer of 39.2 billion. in fact, our deficit falls on every single year of the forecast, with borrowing falling from ...