Diabytes
Government borrowings News
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The government will borrow from markets about Rs 3.72 lakh crore in the first half of next fiscal beginning April which is 64 percent of the borrowing target for full financial year.
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Adoption of a fiscal deficit target range before achieving the 3 percent goal will be considered as a "shallower path" in the fiscal consolidation process, Japanese brokerage Nomura said Wednesday.
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The government has slashed borrowing target for the April-September period by Rs 16,000 crore with the objective to provide more liquidity in the system.
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