By Jigar Trivedi Weekly, the metal gains 1.4% after four consecutive periods of declines. Initially, the yellow metal dropped below $1,885 an ounce on Friday, facing pressure from a strong dollar as investors continued to gauge the monetary policy outlook following Federal Reserve Chair Jerome Powell’s Jackson Hole remarks. The banker noted caution is required […]
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Govt announces gross market borrowing of Rs 6.55 lakh crore for H2Govt announces gross market borrowing of Rs 6.55 lakh crore for H2
The government on Tuesday said it will borrow Rs 6.55 lakh crore in the second half of 2023-24 through dated securities, including Rs 20,000 crore through issuance of Sovereign Green Bonds (SGrBs).The government meets its fiscal deficit mainly through market borrowings.The government had projected gross market borrowing of Rs 15.43 lakh crore for 2023-24.”…the Government […]