Sunday, August 30, 2020

Fiscal deficit to touch 7% in FY21, says Brickwork Ratings as tax collection hit by lockdown

Fiscal deficit to touch 7% in FY21, says Brickwork Ratings as tax collection hit by lockdown On the other hand, there is a sharp increase in expenditure (by 13.1 percent) due to additional spending incurred to save lives and livelihoods and to provide stimulus under the #39;Aatmanirbhar Bharat#39; programme.

from Moneycontrol Business News https://ift.tt/32IkiVj

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...