Several states, including Kerala and Maharashtra, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power dues, unspent central funds, and off-budget borrowings, which states argue restrict their financial plans and legitimate borrowing space.
Israel's far-right Finance Minister Bezalel Smotrich said Thursday that Saudi Arabia should "keep riding camels" if it asks for a Palestinian state in exchange for normalising ties with Israel. "If Saudi Arabia tells us normalisation in exchange for a Palestinian state, friends, no thank you", Smotrich said at a conference in Israel.
Indian companies raised Rs 1.7 lakh crore via commercial papers in September, the highest since April, marking a 44% monthly jump despite higher yields. RBI data highlights a structural funding shift toward non-bank sources, with corporates increasingly tapping debt markets for working capital.
