Economic Affairs Secretary Ajay Seth said on Wednesday. The final numbers for GST mop-up will be out tomorrow. On the govt expenditure in Q1, the DEA secretary said that Rs 1.7 lakh crore was spend in the quarter ending June. Seth also said that the Gross fixed capital formation grew 34.7 per cent in April-June, which was highest in 10 years.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders