“In FY22, for the larger part of the year, the economy was struggling with Covid. In FY23, we saw a significant improvement in the operating environment and the requirement of working capital, which went up significantly due to high commodity prices,” said Soumyajit Niyogi, director, India Ratings and Research. Higher credit demand from the real economy led to increasing money-market activity from financiers.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio
November 10, 2026