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States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

States’ fiscal arithmetic tightens in FY27; deficit seen at 3% of GDP

The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue

New launches to keep growth momentum healthy for Sun Pharma stock

New launches to keep growth momentum healthy for Sun Pharma stock

Incremental gains for the company, and the listed pharma universe more broadly, also stemmed from positive sentiment around the India–US trade deal. About a third of Sun Pharma’s revenues come from the US market. Photograph: Francia Mascarenhas/Reuters Key Points The