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Policy▼ Bearish for Indian equities
Odisha tightens norms for Supplementary Budget for FY27 amid slow capex
The brief
- Odisha tightened norms for its FY27 Supplementary Budget amid slow capex
- The state aims to become a $500 billion economy by 2036
- Tighter spending norms amid slow capex may affect Indian infrastructure and construction companies
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
- Trump seeks to withhold $800 million in Congress-approved funds
- Make in India turns 12: Amit Shah points to record defence output, chip push and Rs 12.22 lakh crore capex