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Interim Budget to stick with fiscal glide path, target 5.2% deficit in FY25Interim Budget to stick with fiscal glide path, target 5.2% deficit in FY25

With buoyant revenues likely ensuring that the 5.9% fiscal deficit target is met in the current financial year, the Centre may target to bring it t down to 5.2% in FY25, while sticking with the medium-term glide path for 4.5% deficit by FY26. However, this would entail compression of the revenue deficit, more sedate growth […]

Nifty to extend gains or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to extend gains or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens

GIFT Nifty traded flat at 19,607.5, up marginally 0.01%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Thursday, the NSE Nifty 50 gained 0.56% to settle at 19,545.75, while the BSE Sensex added as much as 405.53 points to 65,631.57. “Markets saw a recovery after two days of fall […]