About 93% of the FY24 budgetary allocation of ₹60,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been released, a person familiar with the details told ET. This has prompted the rural development ministry to seek “substantial” supplementary demands for funds to run the scheme throughout this fiscal year, he said.
FIIs on sidelines due to high valuations despite macro strength: Jitendra Gohil
Kotak Alternate Asset’s Jitendra Gohil anticipates heightened competition across Indian sectors due to government initiatives and reduced business costs, potentially pressuring earnings despite strong macro
July 29, 2025