ELECTIONS BUDGETS
Budget 2024: Zerodha's Nithin Kamath proposes big change in capital gains from the sale of property to boost startups Nithin Kamath, co-founder of Zerodha, has raised concerns about structural unemployment among Indian youth, emphasizing the need for targeted measures in the upcoming Union Budget. Despite India's impressive economic growth rates, issues with job cr...
12 Jul, 2024, 06.22 PM ISTRajasthan Assembly allows minister Kirodi Lal Meena to skip budget session Rajasthan Agriculture Minister Kirodi Lal Meena, who resigned from the Rajasthan cabinet, was granted permission by the Assembly to abstain from participating in the current session's proceedings. This came after voice vote by Speaker Vasudev Devnan...
12 Jul, 2024, 02.44 PM ISTBudget 2024: What's coming up? A Sitharaman budget or a Naidu-Nitish budget? Budget Expectations: Finance Minister Nirmala Sitharaman will present her seventh full budget on July 23. Known for fiscal prudence, aggressive capital expenditure, and boosting manufacturing, her previous budgets lacked populist proposals. With cha...
09 Jul, 2024, 04.55 PM IST
Here's a two-pronged approach to navigate an ever-rising stock market Despite the Modi regime's progressive policies ensuring macro-stability, the 2019 super-rich surcharge raises doubts, especially in view of the poor election show of the BJP. Markets however defied election outcome pullback expectations, hitting new...
04 Jul, 2024, 11.28 AM ISTAfter setback in Lok Sabha polls in Maharashtra, Maha Yuti govt presents 'freebie budget' Maharashtra's Maha Yuti government has announced several freebies in its last budget before assembly polls, despite Prime Minister Narendra Modi's call to eliminate the revdi culture. The budget includes three free cylinders a year for BPL families,...
28 Jun, 2024, 11.30 PM ISTMaharashtra budget: Subsidy for milk producers to continue, nod for 18 medical colleges Finance Minister Ajit Pawar presented Maharashtra's budget for 2024-25, highlighting key initiatives including the extension of a Rs 5 per litre subsidy for milk producers and plans to establish 18 new medical colleges. This budget, the last before ...
28 Jun, 2024, 08.35 PM ISTWait for earnings and Budget to identify attractive sectors for investment: Deepak Shenoy These companies are quite cyclical, moving between downturns and upturns. Recently, there has been an upturn for Muthoot and Manappuram, partly because IIFL, a major player in the gold financing space, faced some RBI action leading to a slowdown in ...
28 Jun, 2024, 07.00 AM ISTGovt’s infrastructure focus makes sector funds a compelling choice With the National Democratic Alliance (NDA) returning to administration for a third consecutive term and the 2024 Union Budget round the corner, analysts expect the government to retain focus on the infra sector with a sustained budgetary allocation.
27 Jun, 2024, 06.02 AM ISTFormer deputy election commission advocates separate budget and secretariat for ECI to increase autonomy Former deputy election commissioner Vinod Zutshi emphasized the need for the Election Commission of India (ECI) to have a separate budget instead of grants from the Consolidated Fund of India. He highlighted the Commission's long-standing demands fo...
24 Jun, 2024, 09.41 PM ISTETMarkets Smart Talk: Never thought retail investors will become the new Glenn Maxwell of markets on Election Result Day: Nilesh Shah Undoubtedly, markets will have their ups and downs. There will be bull market. There will be a bear market. But overall, being an investor, you will make money in India.
24 Jun, 2024, 09.10 AM ISTWill market get into consolidation mode ahead of Budget? Mahantesh Sabarad answers I think EPC companies can potentially do well because it is all about the order book that they will start getting in. With the new government formation in, you will see infrastructure activity particularly road building kind of activities start pick...
12 Jun, 2024, 08.00 AM ISTHarsh Gupta Madhusudan on key indicators to monitor ahead of Budget I think that there should be some more not exactly freebies or welfare, but something more attuned towards consumption and we were already seeing that even in the financial markets. I gave you the number of top line, the most obvious data point to c...
10 Jun, 2024, 02.27 PM ISTWhy investors are favouring FMCG stocks after elections One key reason behind FMCG becoming a preferred choice in today’s time was this year’s general election. It was the most expensive affair with an estimated campaign cost incurred by political parties reaching a record Rs 1.35 lakh crore. A significa...
08 Jun, 2024, 11.28 AM ISTLok Sabha results won't force India's budget to make significant policy shifts: Fitch Fitch Ratings anticipates minimal policy shifts in India post-election losses. The upcoming July budget will detail economic reform plans and fiscal goals for the next five years, crucial for addressing fiscal metrics, reducing debt, potential devia...
07 Jun, 2024, 09.22 AM ISTRural demand theme blooms Investor money is shifting to defensive shares like FMCG, healthcare, and information technology following the lower-than-anticipated seats for the BJP in recent elections. Marico, Godrej Consumer, Nestle India, ITC, Britannia, HUL, and Dabur saw si...
06 Jun, 2024, 07.09 AM ISTWill an NDA-led Modi 3.0 see Centre more open to welfare measures? Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP) have consistently opposed the distribution of freebies, as seen in their manifesto "Modi ki Guarantee," which avoided commitments like guaranteed pensions for government employees or ...
05 Jun, 2024, 05.24 PM ISTBond vigilantes worry as weak Modi government win fans fiscal populism fear Prime Minister Narendra Modi's smaller-than-expected poll victory is causing concerns among bond investors about increased populism. The election results shocked traders, leading to a selloff in Indian assets.
05 Jun, 2024, 07.11 AM ISTElectoral shock dashes hopes of rate cut Food inflation challenges RBI, impacting rate cuts. Elections, populist spending, and fiscal landscape influence rate cut decisions.
05 Jun, 2024, 01.14 AM ISTResult day today, keep your shirt on Stockbrokers advise clients to keep extra margins for trading on election results day amidst rising volatility index, exceeding exchange limits, and cautioning investors to heed advice. Markets react to GDP data and upcoming central bank review. Inc...
03 Jun, 2024, 11.12 PM ISTIndia utilised 99.9% of its capex target in FY24 India has used Rs 9,48,506 crore in its capital expenditure in FY24, up from the revised estimate of Rs 9,49,555 crore. The government plans to narrow its fiscal deficit to 5.1% in FY25 from 5.8% in FY24. Private capex is expected to be an important...
31 May, 2024, 07.16 PM IST