The Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cuts and rising fertiliser subsidies. Inflation risks are increasing due to higher fuel prices. This situation suggests a c…
The Reserve Bank of India announced a record surplus transfer to the government for FY27, though it falls short of budget estimates. This significant payout, driven by foreign exchange gains and investment income, provides a crucial fiscal buffer amidst risin…