INTERVIEW: Commodity brokers’ body wants govt to scrap CTT in Budget

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ANALYSIS: Rating spectre looms over fiscally-shot govt’s FY21 Budget
Tuesday, Jan 28 The onus on turning the economy around, or at least to begin the revival, is on the cash-strapped central government. But rating agencies will not be forgiving if India’s finances unravel any further and growth does not rebound. By Siddharth Upasani NEW DELHI – There are rocks and hard places. And there are frying pans […]

Govt sees ’19-20 mustard output at record 9.7 mln tn on higher yield
Tuesday, Jan 28 By Kaushal Verma NEW DELHI – The government sees production of mustard at a record high of 9.7 mln tn in 2019-20 (Jul-Jun), up from 9.3 mln tn harvested last year on expectations of higher yield, a senior official with farm ministry said. “Weather is very supportive this year so far and favourable weather is […]

INTERVIEW:FirstRand Bk’s Harihar says gilts OK if Budget slips a bit
Tuesday, Jan 28 FirstRand Bank’s head of fixed income, currencies and commodities, Krishnamoorthy Harihar says the bond market would be comfortable if the government were to announce a fiscal slippage of 60-70 basis points next year as some uncertainty surrounding the Centre’s finances would dissipate. By Akansha Victor and Bhaskar Dutta MUMBAI/NEW DELHI – At a time when […]

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