The Budget has been praised by Atul Lall, VC & MD of Dixon Tech, for its favorable impact on the electronics industry. Key measures include the rationalization of the duty structure for IFPD, reduction of duties on mobile components, and regulatory reliefs. These changes are anticipated to significantly boost manufacturing and overall industry growth.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period