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Government Spending News

Government Spending Declines 2.2% YoY In July’22

Total government expenditure contracted for the first time in FY23, down 2.2% YoY in Jul'22 as against a growth of 5.4% YoY in Jun'22, Motilal Oswal Financial Services has said in a report. "The decline was on account of ...

Q1 FY 2022 GDP: Private Consumption Picks Up, Govt Spending Sees A Decline

The high GDP for the q1Fy22 is largely on account of low base effect as well as a rebound in the consumer sentiment which bottomed out amid the first and second Covid wave. Now even as the GDP has ...

Cement Stocks Buck Trend In A Weak Market; Stocks Surge Up To 14%

Cement stocks amid weakness in the market fuelled by global factors have been bucking the trend. This is primarily on account of seasonally strong quarter for these companies. Also, the surge comes on the back of a hike in cement prices ...