Several ministries may not be able to utilise their full allocation for the year, providing a cushion to the finance ministry to meet the sharply higher requirement for food, fertiliser and petroleum subsidies. The higher-than-budgeted nominal gross domestic product (GDP) growth will also help deficit numbers.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created