Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth

Q: How long will it take to read this news story?

The story "Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth" has 495 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 321 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25909854</li><li>URL: https://chronographically.beamstart.com/news/prudent-fiscal-management-likely-to-17387642824695</li></ul>

Business Standard Logo Business Standard 5h ago

Prudent fiscal management likely to soften G-sec yields: DEA secretary Seth - Business Standard

Quick Summary:

The government has reduced its borrowings estimate for next financial year to Rs 11.54 lakh crore on net basis as it expects an improvement in tax collection.

However, gross market borrowings have now been revised upward to Rs 14.82 lakh crore from Rs 14.01 lakh crore estimated for the current financial year.

The government's prudent fiscal management may soften government securities yields and leave more funds for corporates to invest in the economy, DEA Secretary Ajay Seth has said.