The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 per cent of Budget Estimate (BE) during April-October of the current financial year.from Top Business News- News18.com https://ift.tt/2SodO7b
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The fiscal deficit or gap between expenditure and revenue was Rs 6.48 lakh crore or 103.9 per cent of Budget Estimate (BE) during April-October of the current financial year.
The rupee had vaulted 77 paise to a three-month high of 69.85 per US dollar on Thursday. Traders said sustained foreign fund inflows, easing crude oil prices and a smart recovery in domestic equity markets also aided the domestic currency.
The price reduction comes soon after six consecutive monthly hikes in rates since June. Prior to this price cut, rates had gone up by Rs 14.13 per cylinder since then.
The dip can be attributed to high fuel prices and a sliding rupee among other factors.
It opened at a high of 142 rupees in the morning and the local currency further devalued by 2 rupees to 144 rupees. It was the second devaluation since the current government came to power in August.Bata grew into one of the world's leading shoemakers, with an impressive annual sale of 150 million pairs of shoes across more than 70 c...