The government will maintain its focus on infrastructure development through increased capital expenditure, despite fiscal constraints and global economic uncertainty. Expenditure Secretary V. Vualnam dismissed concerns from states regarding the discontinuation of revenue deficit grants, emphasizing the need for states to manage their own expenditure. The Centre has enhanced funding for state-level capital investment schemes to encourage public investment-led growth.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq
July 28, 2026