The qualified institutional buyers’ portion was subscribed 85 times, while the non-institutional investors’ (NIIs) segment was subscribed 37 times. The shares reserved for retail individual investors (RIIs) were subscribed 8.34 times.
Tighter fiscal policy in works with capex outlay at 3% of GDP
The government plans to enhance financial discipline and align budget allocations to reduce the debt ratio by seven percentage points by FY31. The finance ministry