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Govt liabilities increase to Rs 147 trillion in September-end

-PTI/ The Telegraph Weighted average yield of primary issuances hardened to 7.33 per cent in Q2 FY2023 from 7.23 per cent in Q1 FY2023 New Delhi: The government’s total liabilities increased to Rs 147.19 lakh crore in September-end from Rs 145.72 lakh crore (trillion) at the end of June this fiscal year, according to the latest data on public Debt. In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in...

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Global economy to feel the heat of monetary policy tightening: RBI Bulletin -Manish M Suvarna

-Moneycontrol.com Globally, central banks have been increasing interest rates to fight inflation. The global economy will bear the brunt of past monetary policy actions in 2023, the Reserve Bank of India (RBI) monthly bulletin said on December 20. "Emerging market economies (EMEs) appear even more vulnerable, having battled currency depreciations and capital outflows in addition to slowing growth and high inflation," Bulletin said. Globally, central banks have been increasing interest rates to fight inflation. RBI...

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Parliamentary panel calls for free cancer treatment -GS Mudur

-The Telegraph Committee asks govt to take steps to strengthen radiotherapy facilities in the country, expressing concerns about inadequate infrastructure A parliamentary panel has asked the Centre to provide free cancer treatment to middle-class households through a government-funded health insurance scheme and to cap cancer diagnostics and treatment services in government and private hospitals. The parliamentary standing committee on health has also called on the government to take steps to strengthen radiotherapy facilities...

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Macro policy for uncertain times -Sonal Varma

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...

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Climate change escalates suicide rates among Marathwada farmers -Himanshu Nitnaware

-Down to Earth Farmer suicides have increased significantly and doubled in some regions where weather extremities incurred heavy losses Farmer suicides in the Nanded district of Maharashtra’s Marathwada more than doubled since incessant rains caused severe crop damage in the region. The suicide cases in Nanded jumped to 26 in August from eight in July, according to official estimates. The total number of farmer suicides reported from the district in 2022 stood at 93...

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