Government borrowing is increasingly financing capital expenditure, boosting economic growth potential as effective capital spending surpasses the fiscal deficit. Conservative tax revenue growth, alongside non-tax receipts and asset sales, provides a cushion. While revenue spending is managed, a slight increase in the budget size is observed, with a focus on easing the debt burden towards targets.
RBI to conduct Rs 25,000-cr overnight variable rate repo auction on Jul 8
The Reserve Bank of India is set to hold an overnight variable rate repo auction on July 8, offering Rs 25,000 crore. This auction aims
July 7, 2026