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 aims to maintain core capex outlay at a minimum of 3% of GDP, adjusting based on private investments, while closely monitoring fund utilization and absorptive capacity of ministries.
Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimates
Hexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Revenue guidance