Govt expects Rs 2.90 lakh crore in PSU dividends during current fiscal versus last year's 170 lakh crores. India's total budget size expanded to Rs 48 lakh crores (approximately $574 billion) from Rs 47 lakh crore. STT hike of 60% bad for market volumes
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System liquidity remained comfortable on expected lines as the surplus improved to Rs 1.1 trillion last week as compared to Rs 848 billion the week prior
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In 2024-25, Goldman Sachs expects capex to provide a positive impulse, while welfare spending will likely remain a drag
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