States met with Finance Minister Nirmala Sitharaman ahead of the FY27 budget. They asked for more special assistance for capital investments and help with GST revenue losses. Increased funding for urban and rural schemes was also requested. Support for housing programs and disaster management was highlighted. The minister urged states to undertake reforms for India’s developed nation goal by 2047.
IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors radar next week
Kusumgar’s ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace sectors, is