Food subsidy expenditure forms over 50% of India’s total subsidy spending in FY 2024-25, with Rs 1.64 lakh crore allocated for April-December 2024, up from the previous year. Fertilizer subsidy spending decreased slightly to Rs 1.36 lakh crore. Non-debt capital receipts declined, and FDI inflows weakened, highlighting revenue collection challenges and increased foreign investor outflows.
Global markets moving past tariff fears, dollar weakness may boost EMs: Sandip Sabharwal
I think that extreme fund flow picture where just US assets were being bought, including other developed equities, like European equities, despite there being not