The central government’s fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue receipts. Despite slower nominal growth, deficit-to-GDP ratio is estimated to improve. Direct tax revenue exceeded expectations, and expenditure remains on track. The government is prepared to manage potential capital inflows from JPMorgan’s inclusion of Indian government bonds in its index.
HAL shares nosedive 28% from peak. Will it fall below Rs 4,000?
HAL share Price: Hindustan Aeronautics (HAL) shares have dropped 28% from their July peak, currently finding support around Rs 4,000. Analysts see a potential bounce
November 14, 2024