Subsidy outgo for FY24 had been budgeted at ₹4.03 lakh crore, but may shoot up to ₹4.53 lakh crore. However, even this stretched welfare spend would be far less than the previous fiscal’s subsidy bill of ₹5.62 lakh crore.
Reserve Bank of India Deputy Governor T. Rabi Sankar cautioned against stablecoins, citing significant macroeconomic risks and their lack of unique utility compared to fiat
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven
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