The Centre's fiscal deficit jumped to 82.7 percent of the FY22 target in April 2021-February 2022, data released on March 31 by the Controller General of Accounts showed.

The fiscal deficit had amounted to 76.0 percent of the full-year target for the corresponding period of FY21.

  The central government will borrow Rs 8.45 lakh crore from the market in the first half of FY23 by issuing bonds, the finance ministry said on March 31.

While this sum amounts to 56.5 percent of the full-year borrowing programme of Rs 14.95 lakh crore as spelt out by the Budget for 2022-23, it is 59 percent of the programme after adjusting for the bond switch operation the government held with the Reserve Bank of India (RBI) on January 31, a day before the Budget was presented in Parliament by Finance Minister Nirmala Sitharaman.

The government will borrow money from the market in the first half of FY23 through weekly auctions of its bonds ranging, with the auctions ranging in size from Rs 32,000 crore to Rs 33,000 crore.

  India's current account deficit widened to a massive $23 billion in October-December 2021 from $9.9 billion in July-September 2021 due to a higher merchandise import bill, data released by the #RBI on March 31 showed.

The current account deficit in October-Dec. was $2.2 billion.

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block deal to happen tomorrow. Kayak Investment to sell $500 m (base size $375 m / Rs 2800 cr) worth of shares via block deal in Max Health

 Private lender #AxisBank will acquire Citibank's India consumer business for $1.6 billion in an all cash deal, the Citigroup announced on March 30.

 India's antitrust body on Wednesday raided the offices of Tyre companies including India's Ceat, Apollo Tyres and Germany's Continental AG in an alleged case of competition law violations, four sources with direct knowledge told Reuters.

The raids were being conducted By #CCI

 #Paytm has got customers by way of cashbacks, not by rendering services: Aditya Puri

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