Odisha Chief Minister Mohan Charan Majhi has set a target of spending 85 per cent of the budget estimates for 2024-25 fiscal against an expenditure of 81 per cent achieved in 2023-24, an official statement said. Majhi, who also holds the Finance portfolio, set this target while reviewing the expenditure of different departments on Thursday. Though the expenditure was affected due to the elections, government transition, and budget presentation in September, Majhi said spending was apparently sat

India's gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as activity remained lacklustre.... Indian dealers this week offered a discount of$ 12-$ 27 an ounce over official domestic prices, inclusive of 6 per cent import and 3 per cent sales levies, down from the last week's discount of$ 35.... " Supplies are tightening as there were hardly any imports by banks t