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Sumangal Bose

Stealth • 5m

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output rose 6.3% year-on-year in May (vs 6.7% in April): Commerce Ministry. ¶° Emcure Pharma has kept its IPO price band at Rs 960 to Rs 1,008 per share. Subscription will be open from 3 July to 5 July. ¶° The Indian government’s total gross liabilities rose to Rs 171.78 lakh cr in the Jan-March quarter (vs 166.14 lakh cr in December end): Finance Ministry. Anything more would you like to add?

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