News

Tamil Nadu government to have Coimbatore, Madurai on metro rail map at Rs 17,500 cr The Tamil Nadu government has decided to put Coimbatore and Madurai on the metro rail map at an outlay of Rs 17,500 crore funded by external agencies, said Finance Minister Palanivel Thiaga Rajan on Monday. Presenting the state budget for 2023-24 in the Assembly, he also said a sum of Rs 10,000 crore has been allotted towards the Chennai Metro Rail Project in the budget. Rajan said Coimbatore, also known as the 'Manchester of South India', is one of the fastest growing tier-2 ci...
Tamil Nadu government to have Coimbatore, Madurai on metro rail map at Rs 17,500 cr
Tamil Nadu government to have Coimbatore, Madurai on metro rail map at Rs 17,500 cr
Source: IANS
20/03/2023 1:27:26 PM
Centre to seek Parliament`s approval for 2nd batch of supplementary demands for grants The Centre on Tuesday will seek Parliament's approval for the second batch of supplementary demands for grants (2022-23). Through the demands for grants, the government plans to spend an additional Rs 1,48,133 crore for the remaining period of the current fiscal. The Lok Sabha will also take up for discussion and voting the supplementary demands for grants for the union territory of Jammu and Kashmir for 2023-24. The lower house will also take up for discussion and voting the sup...
Centre to seek Parliament`s approval for 2nd batch of supplementary demands for grants
Centre to seek Parliament`s approval for 2nd batch of supplementary demands for grants
Source: IANS
14/03/2023 9:01:59 AM
FM to table supplementary grant for Jammu and Kashmir in RS Finance Minister Nirmala Sitharaman will present Supplementary Demands for Grants in respect of Union Territory of Jammu and Kashmir for 2022-23 in Rajya Sabha on Monday as Parliament will resume for the second part of the budget session. Tribal Affair Minister Arjun Munda will move The Constitution (Scheduled Tribes) Order (Fifth Amendment) Bill, 2022, for inclusion of certain communities in the list of Scheduled Tribes in relation to the State of Chhattisgarh and The Constitution (Schedu...
FM to table supplementary grant for Jammu and Kashmir in RS
FM to table supplementary grant for Jammu and Kashmir in RS
Source: IANS
13/03/2023 9:34:20 AM
Budget session to resume on Monday The Budget session of Parliament will resume from Monday and the opposition is preparing to corner the central government on various issues, including Hindenburg report on Adani, inflation and hike in petroleum product prices and growing unemployment. According to reports, 35 bills are pending in both the Houses. The issue of Rahul Gandhi's statement in the UK will also be a point of clash between the opposition and Centre. The Chairman of the Rajya Sabha has already hit out on the ...
Budget session to resume on Monday
Budget session to resume on Monday
Source: IANS
12/03/2023 9:44:49 AM
Budget roadmap for new, progressive, prosperous Punjab: Bhagwant Mann Hailing the Budget 2023-24 presented by Punjab Finance Minister Harpal Cheema as 'Aam Lokaan Da Budget', Chief Minister Bhagwant Mann on Friday described it as the roadmap for a "new, progressive and prosperous Punjab". In a statement, the Chief Minister said it is a matter of pride and satisfaction that this tax-free budget has been presented exactly a year after his government assumed charge of office. He said this maiden full budget of his government is aimed at giv...
Budget roadmap for new, progressive, prosperous Punjab: Bhagwant Mann
Budget roadmap for new, progressive, prosperous Punjab: Bhagwant Mann
Source: IANS
11/03/2023 9:59:36 AM
Budget to give new momentum to women-led development: Prime Minister Prime Minister Narendra Modi on Friday said that this year's budget will give a new momentum to the efforts of women-led development. Addressing a post-budget webinar on "Economic Empowerment of Women", he said that the "country is seeing this year's budget as an auspicious beginning for achieving the target of a developed nation by 2047". "The results of efforts for women empowerment are visible and we are feeling a revolutionary change in the social li...
Budget to give new momentum to women-led development: Prime Minister
Budget to give new momentum to women-led development: Prime Minister
Source: IANS
10/03/2023 11:55:15 AM
Maharashtra plans mega boost to infra projects for all-round progress Maharashtra has announced a boost to various big and small infrastructure projects including a web of Metro Rail network for the Mumbai Metropolitan Region (MMR), Deputy Chief Minister and Finance Minister Devendra Fadnavis said, tabling the state Budget 2023-2024. Putting the state onto the national $5 trillion economy ambition with a contribution of $1 trillion, and boosting the state share from 14.2 per cent to 20 per cent in the national GDP, Fadnavis announced major infrastructure dev...
Maharashtra plans mega boost to infra projects for all-round progress
Maharashtra plans mega boost to infra projects for all-round progress
Source: IANS
10/03/2023 9:18:56 AM
Maharashtra plans big benefits to girl child; focus on health, financial security of women Maharashtra will implement a string of measures for the health, financial security of the girl child and women, and others, said Deputy Chief Minister and Finance Minister Devendra Fadnavis tabling the state Budget 2023-2024, here on Thursday. In the 'Lek Ladki' scheme, a girl born to a family holding yellow or orange ration cards will get grants at birth, in school Std. I, VI and XI, and Rs 75,000 on attaining the age of 18. Women will be given 50 per cent discount on ST bus ti...
Maharashtra plans big benefits to girl child; focus on health, financial security of women
Maharashtra plans big benefits to girl child; focus on health, financial security of women
Source: IANS
10/03/2023 9:12:19 AM
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits Maharashtra's Deputy Chief Minister Devendra Fadnavis, who also holds the finance portfolio, presented a Rs 547,450 crore budget for 2023-2024 showing huge fiscal and revenue deficits, here on Thursday. As per the budget estimates, the state plans to spend Rs 547,450 crore with an estimated revenue receipts of Rs 449,522 crore over a revenue expenditure of Rs 465,645 crore, resulting in a revenue shortfall of Rs 16,211 crore - down from Rs 24,353 crore over 2022-2023. The state rema...
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits
Maharashtra proposes Rs 547,450 cr budget with huge fiscal, revenue deficits
Source: IANS
9/03/2023 6:02:47 PM
Finance Ministry holds webinar for better implementation of various budget proposals As part of a post-Budget Webinar, the Finance Ministry has hosted virtual discussions on the six chosen subjects following an address by Prime Minister Narendra Modi. The Prime Minister urged India Inc to increase investment in tandem with the government's decision to raise capital expenditure (capex) and take advantage of the opportunities unveiled in the Budget 2023-24. The webinar had six breakout sessions on various themes, including creating growth opportunities in GIFT Internatio...
Finance Ministry holds webinar for better implementation of various budget proposals
Finance Ministry holds webinar for better implementation of various budget proposals
Source: Accord Fintech
9/03/2023 11:11:36 AM
Goa Government invites ideas to make Budget 'public-centric' Ahead of the Budget session, scheduled from March 27 to 31, Goa government has invited ideas and suggestions from industrialists, students, and the public for a "public centric" Budget. Chief Minister Pramod Sawant has appealed to people to send their suggestions in this regard. "People from the area of industries, students and common man can send their ideas and suggestions by March 15 to make it Public-Centric Budget. This will help us come up with new ideas," he said...
Goa Government invites ideas to make Budget 'public-centric'
Goa Government invites ideas to make Budget 'public-centric'
Source: IANS
4/03/2023 11:22:44 AM
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty Below Quote on West Bengal Budget By Mr. Amit Goyal, CEO, India Sotheby’s International Realty In the backdrop of increasing home loan rates and no significant benefits announced in the union budget for FY24 for homebuyers, the West Bengal government’s decision to extend the rebate in stamp duty for another six months i.e. till September 30 is a respite. The decision will help in maintaining the demand in the housing sector. Incentives like relief in the stamp duty and reg...
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty
West Bengal Budget : Incentives like relief in the stamp duty and registration fee can help the positive impetus in the real estate sector to continue Says Amit Goyal, India Sotheby`s International Realty
Source: PR Agency
16/02/2023 11:25:21 AM
Post Budget Analysis : The Union Budget for the fiscal year presents a positive outlook for the MSME sector in India Says Sandip Chhettri, Tradeindia.com Below is Post Budget Comment By Mr. Sandip Chhettri, CEO Tradeindia.com  The Union Budget for the fiscal year  presents a positive outlook for the MSME sector in India. The allocation of funds for credit support will help MSMEs access finance at lower interest rates and improve their ability to invest in growth. The government's push towards digitization is also commendable, with a new scheme to provide financial assistance for the adoption of technology and automation. ...
Post Budget Analysis : The Union Budget for the fiscal year presents a positive outlook for the MSME sector in India Says Sandip Chhettri, Tradeindia.com
Post Budget Analysis : The Union Budget for the fiscal year presents a positive outlook for the MSME sector in India Says Sandip Chhettri, Tradeindia.com
Source: PR Agency
3/02/2023 12:46:45 PM
Post Budget Analysis : Consistency is the key theme of Union Budget 2023 Says Ram Iyer, Vayana Network Below is Post Budget Comment By Ram Iyer, Founder and CEO, Vayana Network  “The union budget of 2023 has been exceptionally consistent over the years in focus areas across Infrastructure, Agriculture, MSMEs and ease of doing business.  The capital expenditure has been increased by 33% to a historic high of INR10 lakh crores, showing government’s commitment to creating jobs and stimulating expenditure resulting in a multiplier effect pegging GDP growth at ...
Post Budget Analysis : Consistency is the key theme of Union Budget 2023 Says Ram Iyer, Vayana Network
Post Budget Analysis : Consistency is the key theme of Union Budget 2023 Says Ram Iyer, Vayana Network
Source: PR Agency
3/02/2023 12:33:09 PM
Post-Budget Reaction by Mr. Akshay Mehrotra, Co-Founder and CEO of Fibe Mr. Akshay Mehrotra, CEO and Co-Founder of Fibe post-budget 2023 reaction: “As India's Finance Minister Nirmala Sitharaman presented the budget for FY 23-24, I felt it was an inclusive one with a focus on most sectors. The budget which seeks to lower India’s fiscal deficit, with a focus on digitalization and incentives for investments to support an economy that is caught in the global slowdown along with the revision of income tax slabs, is a true testament t...
Post-Budget Reaction by Mr. Akshay Mehrotra, Co-Founder and CEO of Fibe
Post-Budget Reaction by Mr. Akshay Mehrotra, Co-Founder and CEO of Fibe
Source: PR Agency
2/02/2023 7:14:03 PM
The Finance Bill 2023 proposes to tax the capital gains arising from the transfer Says Vishal Yeole, Waterfield Advisors Below is Quote On Behalf Post Budget By Vishal Yeole, Vice President, Business Advisory Services, Waterfield Advisors Sheen off MLD’s? The Finance Bill 2023 proposes to tax the capital gains arising from the transfer or redemption or maturity of MLD’s as short-term capital gains.The proposed treatment remains the same irrespective of the holding period of the MLD (say, more than 1 year or 3 years). The Bill proposes to incorporate a deemed fiction, whereby, it...
The Finance Bill 2023 proposes to tax the capital gains arising from the transfer Says Vishal Yeole, Waterfield Advisors
The Finance Bill 2023 proposes to tax the capital gains arising from the transfer Says Vishal Yeole, Waterfield Advisors
Source: PR Agency
2/02/2023 7:01:44 PM
Post Budget Reaction : Union Budget 2023-24 has continued the government`s focus on the India growth story Says Manish Mehan, TK Elevator India Below is Post Budget Comment By Mr. Manish Mehan, CEO and MD of TK Elevator India post-budget 2023 reaction: “Union Budget 2023-24 has continued the government’s focus on the India growth story. In this year’s budget, the GOI has recognized infrastructure and investment as one of the 7 priorities that the budget is based on. The 33% higher capital outlay of Rs 10 lakh crore on infrastructure development will build a foundation for Tier 2 & Tier 3 cities to t...
Post Budget Reaction : Union Budget 2023-24 has continued the government`s focus on the India growth story Says Manish Mehan, TK Elevator India
Post Budget Reaction : Union Budget 2023-24 has continued the government`s focus on the India growth story Says Manish Mehan, TK Elevator India
Source: PR Agency
2/02/2023 5:21:12 PM
Focus on fiscal consolidation; however, capital expenditure push intact By Angel One Ltd The Government in line with their aim to reach a fiscal deficit level below 4.5% of the GDP by 2025-26 has fixed the deficit for 2023-24 at 5.9%. The reduction in Fiscal deficit figure was expected led by reduction in subsidies post pandemic and moderating global commodity inflation. Deficit figure of 6.4% for FY2023 was retained as budgeted. The Government expenditure for FY2023 was revised upwards to ?41.8 lakh Cr. from the budget estimate of ?39.4 lakh Cr. This was led primarily on acco...
Focus on fiscal consolidation; however, capital expenditure push intact By Angel One Ltd
Focus on fiscal consolidation; however, capital expenditure push intact By Angel One Ltd
Source: Angel One Ltd
2/02/2023 5:08:48 PM
Sectors - Wise Post Budget Analysis By Industry leaders (Automotive and Tourism)Mr Greg Moran, CEO and CoFounder of Zoomcar: "It's fascinating to see that our Hon'ble Finance Minister has addressed some major concerns about India's progress towards clean energy in the Union Budget 2023. The decision to extend the exemption to capital goods imports for the manufacture of lithium-ion cells for batteries used in electric vehicles is a much-needed boost to green mobility and EV adoption in the country. The government has made a sig...
Sectors - Wise Post Budget Analysis By Industry leaders
Sectors - Wise Post Budget Analysis By Industry leaders
Source: PR Agency
2/02/2023 4:58:06 PM
Post Budget Reaction from the Industry leaders Arpit Jain, Founder and CEO of GreedyGame, says "We are glad that the budget has given some relaxation for individuals, MSMEs and enterprises. The finance minister has laid focus on technology by launching an agri-tech accelerator fund for the first time, which is encouraging for the development of the country in the long run. The government has provided relief to start-ups in carry forward and set off of losses, and also extended tax benefits for start-ups which are incorporated till ...
Post Budget Reaction from the Industry leaders
Post Budget Reaction from the Industry leaders
Source: PR Agency
2/02/2023 4:09:23 PM
Union Budget : 2023-24 Post Budget Analysis & Stock Ideas By Axis Securities An All-Round Budget Delivering On All Aspirations Our honourable Finance Minister Nirmala Sitaraman presented the Union Budget 2023-34 today. Being the last full-year budget before the Union Election in 2024, the expectations from the Budget were naturally high and hence it was expected to be a growth-oriented budget. Against this backdrop, the Union Budget 2023-24 indeed lived up to its expectations, which was driven primarily by capital expenditure while simultaneously providing an adequ...
Union Budget : 2023-24 Post Budget Analysis & Stock Ideas By Axis Securities
Union Budget : 2023-24 Post Budget Analysis & Stock Ideas By Axis Securities
Source: Axis Securities Ltd
2/02/2023 3:44:06 PM
Post Budget Comment : The Union Budget for FY24 is a well balanced budget targeting fiscal prudence Says Srinivas Rao Ravuri, PGIM India Mutual Fund Below is Post Budget Comment By Srinivas Rao Ravuri, Chief Investment Officer (CIO), PGIM India Mutual Fund.   The Union Budget for FY24 is a well balanced budget targeting fiscal prudence, investment push as well as some populist moves in equal measures. Fiscal math appears to reliable as before. Government seems to be targeting inclusive growth with a focus on lower and middle class, spurring domestic manufacturing and infrastructure development. We reckon this is a growth or...
Post Budget Comment : The Union Budget for FY24 is a well balanced budget targeting fiscal prudence Says Srinivas Rao Ravuri, PGIM India Mutual Fund
Post Budget Comment : The Union Budget for FY24 is a well balanced budget targeting fiscal prudence Says Srinivas Rao Ravuri, PGIM India Mutual Fund
Source: PR Agency
2/02/2023 3:25:34 PM
Post Budget Quote : The Union Budget FY23-24 is an extremely progressive and inclusive one with a huge focus on infrastructure and capex growth Says Bhargav Dasgupta, ICICI Lombard Below is Post Budget Quote By Mr. Bhargav Dasgupta ICICI Lombard MD and CEO “The Union Budget FY23-24 is an extremely progressive and inclusive one with a huge focus on infrastructure and capex growth while maintaining the fiscal consolidation path. With fiscal deficit being reduced to 5.9% whilst providing an extremely bullish capex investment of Rs. 10 lac crs (highest ever); will in effect convert revenue expenditure to capital expenditure which has a higher multiplier e...
Post Budget Quote : The Union Budget FY23-24 is an extremely progressive and inclusive one with a huge focus on infrastructure and capex growth Says Bhargav Dasgupta, ICICI Lombard
Post Budget Quote : The Union Budget FY23-24 is an extremely progressive and inclusive one with a huge focus on infrastructure and capex growth Says Bhargav Dasgupta, ICICI Lombard
Source: PR Agency
2/02/2023 3:09:53 PM
Budget Review 2023-24 : Accelerating capex to retool economy Says ICICI Direct The Union Budget truly exemplifies the government theme of “India First, Citizen First”. The inclusive development approach was clearly visible through leveraging the digital infra for multiple utilities, accelerating investment cycle via robust allocation, green growth, which will catalyse the multiplier effect on the economy. On the fiscal front, the glide path on reducing fiscal deficit has been complied with as fiscal deficit is likely to go down to 5.9% in FY24E vs. 6.4% in F...
Budget Review 2023-24 : Accelerating capex to retool economy Says ICICI Direct
Budget Review 2023-24 : Accelerating capex to retool economy Says ICICI Direct
Source: ICICI Direct Ltd
2/02/2023 2:52:39 PM
Post Budget Quote : The Union Budget 2023-24 has been presented at a time when the Nation has come to a new normal Says Gurmeet Singh Chawla, Master Capital Services Below is Post Budget Quote By Gurmeet Singh Chawla, Master Capital Services, Director, In the sectoral domain, over the last 7 years, the metal sector exhibited positive returns for 5 times in the post-budget month. The sector that outpaced other sectors is Energy, giving positive returns twice. The third sector which has been on our list is media, which closed in green twice, though the average return is negative for the last 7 years. The Union Budget (2023-24) has been p...
Post Budget Quote : The Union Budget 2023-24 has been presented at a time when the Nation has come to a new normal Says Gurmeet Singh Chawla, Master Capital Services
Post Budget Quote : The Union Budget 2023-24 has been presented at a time when the Nation has come to a new normal Says Gurmeet Singh Chawla, Master Capital Services
Source: PR Agency
2/02/2023 2:41:10 PM
Strengthening the Growth ship Budget 2023 By Axis Mutual Fund Introduction In yet another finely crafted budget, the actions outlined, strike a balance between the need for growth and fiscal consolidation. For the first time the budget also mentions the need to invest and incubate future-centric industries, new age technologies and data sciences. On the infrastructure front, a mammoth 33% increase in capex spending without blowing out the budget math is commendable. We believe the budget is a declaration by the government for growth, inclusion, su...
Strengthening the Growth ship Budget 2023 By Axis Mutual Fund
Strengthening the Growth ship Budget 2023 By Axis Mutual Fund
Source: Axis Mutual Fund
2/02/2023 1:15:17 PM
Post Budget Quote : Overall, the Union Budget FY24 presents a positive outlook for the economy Says Aamar Deo Singh, Angel One Ltd Below is Post Budget Quote By Mr. Aamar Deo Singh, Head Advisory, Angel One Ltd The last full budget ahead of next year’s general elections, it focusses on growth driven by capital expenditure & consumption boost. It appears to be a pragmatic budget, managing a fine balance between fiscal deficit and providing some relief from high inflation. Further, overhauling the income tax structure, should add more money in the hands of the middle-class taxpayers, is also a welcom...
Post Budget Quote : Overall, the Union Budget FY24 presents a positive outlook for the economy Says Aamar Deo Singh, Angel One Ltd
Post Budget Quote : Overall, the Union Budget FY24 presents a positive outlook for the economy Says Aamar Deo Singh, Angel One Ltd
Source: Angel One Ltd
2/02/2023 12:45:30 PM
Post Budget Quote : The budget reiterates the government`s vision for long term economic growth through increased Says Mr. Shivam Bajaj, Avener Capital Below is Post Budget Quote By Mr. Shivam Bajaj - Founder & CEO at Avener Capital "The budget reiterates the government’s vision for long term economic growth through increased capital expenditure and enhanced consumption. Growth in capital expenditure while maintaining fiscal consolidation will have a cascading impact on the economy in terms of strong corporate earnings, growth stimulus to all core sectors and employment generation. The focus on infrastructure develop...
Post Budget Quote : The budget reiterates the government`s vision for long term economic growth through increased Says Mr. Shivam Bajaj, Avener Capital
Post Budget Quote : The budget reiterates the government`s vision for long term economic growth through increased Says Mr. Shivam Bajaj, Avener Capital
Source: PR Agency
2/02/2023 12:34:25 PM
Industry experts present a list of the key highlights from the budget for 2023 - 2024 1. Mr Vinod Nair, Global VP of Sales and General Manager Noventiq India: In recent budgets, India’s government has shown itself to be both imaginative and effective when it comes to deploying policies and incentives which will continue to attract innovators and incentivise them to draw on India’s spectacular talent pools. Of course, these have mostly been life-support measures to help those companies which took a hit during the COVID-19 pandemic, but, this year, we can e...
Industry experts present a list of the key highlights from the budget for 2023 - 2024
Industry experts present a list of the key highlights from the budget for 2023 - 2024
Source: PR Agency
2/02/2023 12:22:29 PM
Union Budget 2023: A Summary of Key Changes The Union Budget 2023, presented by our honourable Finance Minister, Smt. Nirmala Sitharaman marks her fifth consecutive budget and the first of the "Amrit Kaal" - a golden era according to Vedic astrology. The Finance Minister highlighted seven priority areas, known as "Saptarishis", including a focus on a self-reliant clean planet and empowering the youth. Further, to make the tax system more friendly for taxpayers, the basic exemption limit and rebates have been incr...
Union Budget 2023: A Summary of Key Changes
Union Budget 2023: A Summary of Key Changes
Source: .
2/02/2023 9:38:57 AM
Post Budget Commentary : This budget is a Bahubali budget Says Nilesh Shah, Kotak Mahindra Asset Management Company Below is quote on Monetary Policy by Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company “This budget is a Bahubali budget. With one arrow multiple targets are shot. Fiscal prudence is achieved with lower deficit and path set till FY 26. Consumption is supported through tax cuts. Investment outlay is enhanced. No’s are realistic or conservative to enhance the credibility. The budget could have focussed more on asset monetisation but that can be ...
Post Budget Commentary : This budget is a Bahubali budget Says Nilesh Shah, Kotak Mahindra Asset Management Company
Post Budget Commentary : This budget is a Bahubali budget Says Nilesh Shah, Kotak Mahindra Asset Management Company
Source: PR Agency
2/02/2023 9:24:14 AM
Post Budget Analysis : The government has done a fine balancing act of boosting capital expenditure Says Pankaj Pathak,Quantum AMC Below is post budget comment by Pankaj Pathak, Fund Manager- Fixed Income, Quantum AMC The government has done a fine balancing act of boosting capital expenditure while consolidating the fiscal deficit. The quality of government expenditure has improved consistently in the last three years with capex to total expenditure rising from 12% in FY21 to 22% in FY24. This should enhance future growth potential of the economy and should lead to higher revenues for the government over medium ...
Post Budget Analysis : The government has done a fine balancing act of boosting capital expenditure Says Pankaj Pathak,Quantum AMC
Post Budget Analysis : The government has done a fine balancing act of boosting capital expenditure Says Pankaj Pathak,Quantum AMC
Source: Quantum AMC
1/02/2023 6:06:24 PM
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital Below is Post Budget quote on by Mr. KV Srinivasan , Executive Director and CEO of Profectus Capital This budget focuses on long term vision, structural reforms and infrastructure and social development. Highest ever capital expenditure of 10tn, on a already high base of last year, is a very encouraging signal for continued positive momentum in Indian economy. Theme of inclusive development and empowerment of women and weaker sections of society would also further strengthen ongoing t...
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital
Source: PR Agency
1/02/2023 5:59:37 PM
Post Budget Quote : budget focused on long term vision, structural reforms and infrastructure and social development Mahendra Jajoo, Mirae Asset Investment Managers Below is Post Budget quote on by Mahendra Jajoo, CIO fixed income, Mirae Asset Investment Managers This budget focuses on long term vision, structural reforms and infrastructure and social development. Highest ever capital expenditure of 10tn, on a already high base of last year, is a very encouraging signal for continued positive momentum in Indian economy. Theme of inclusive development and empowerment of women and weaker sections of society would also further strengthen ongoing tre...
Post Budget Quote : budget focused on long term vision, structural reforms and infrastructure and social development Mahendra Jajoo, Mirae Asset Investment Managers
Post Budget Quote : budget focused on long term vision, structural reforms and infrastructure and social development Mahendra Jajoo, Mirae Asset Investment Managers
Source: PR Agency
1/02/2023 5:49:33 PM
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Mr. Praveen Vashishta, Howden Insurance Brokers India Below is Post Budget Reaction From Mr. Praveen Vashishta, Chairman, Howden Insurance Brokers India Pvt. Ltd “Kudos to the FM for delivering a growth-centric budget – the first budget of Amrit Kaal. The markets after giving an initial thumbs up have since petered down - typical of budget day reactions. To me, this is overall a win-win budget. With an increased capital outlay, the budget promotes ease of doing business, infrastructure growth, Agri-tech and a digital Ind...
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Mr. Praveen Vashishta, Howden Insurance Brokers India
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Mr. Praveen Vashishta, Howden Insurance Brokers India
Source: PR Agency
1/02/2023 5:32:39 PM
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty Below are Views On Post Budget Reaction By Mr. Amit Goyal, CEO, India Sotheby’s International Realty This year’s budget touched upon the most critical issue for the revival and growth of the affordable housing segment. PMAY's budgetary allocation increased by 66%, which is good news for affordable housing. The new allocation of Rs 79000 crores in the budget 2022-23 will help countless Indians realise their home aspirations. Also, the increased allocation will lead to m...
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty
Post Budget Reaction : The new allocation of Rs 79000 crores in the budget 2022-23 Says Mr. Amit Goyal, CEO, India Sotheby`s International Realty
Source: PR Agency
1/02/2023 5:26:42 PM
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Raghvendra Nath, Ladderup Wealth Management Below is Post Budget Reaction From Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited “Like the last couple of years, the finance minister has rightly changed the budget exercise into a Vision exercise, where it lays down the Vision of the government for the next few years and make sure that all the facets of the economy are taken care of. Today the finance minister announced initiatives like green energy, inclusive development, reachi...
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Raghvendra Nath, Ladderup Wealth Management
Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Raghvendra Nath, Ladderup Wealth Management
Source: PR Agency
1/02/2023 5:25:19 PM
Post Budget Reaction : holistic and futuristic Budget ensuring the strengthening of Economy Says Devesh Srivastava, General Insurance Corporation of India Below is Post Budget Reaction From Shri Devesh Srivastava, CMD, General Insurance Corporation of India (GIC Re) “In today’s Parliament, our Hon Finance Minister has delivered a holistic and futuristic Budget ensuring the strengthening of our Economy. Saptrishi, the 7 priorities of Budget 2023 are in support of the government’s 'Aatmanirbharta' mission, focusing on Inclusive development, Youth Power, Infrastructure and investment, Financial Sector, and wo...
Post Budget Reaction : holistic and futuristic Budget ensuring the strengthening of Economy Says Devesh Srivastava, General Insurance Corporation of India
Post Budget Reaction : holistic and futuristic Budget ensuring the strengthening of Economy Says Devesh Srivastava, General Insurance Corporation of India
Source: PR Agency
1/02/2023 5:18:33 PM
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt Below are Views On Post Budget Reaction By Mr. Amit Goyal, CEO, India Sotheby’s International Realt The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy.  The increased allocation to housing projects under PM Awas Yojana by 66% to Rs 79,000 crore will certainly help the affordable housing segment. Rationalization of tax slabs and enhancement of tax rebate is going to benefit the middle cla...
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt
Post Budget Reaction :The Union Budget has laid out a long-term path of growth and capital investment and that is extremely positive for the Indian economy Says Mr. Amit Goyal, India Sotheby`s International Realt
Source: PR Agency
1/02/2023 5:16:09 PM
Post Budget Reaction :The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure Says Mr. Ramesh Nair, Colliers Below are Views On Post Budget Reaction By Mr . Ramesh Nair, CEO, India and Market Development, Asia, Colliers "The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure, technology, and inclusive development. At the same time, the budget throws open the doors for increased consumption and capital investment, to drive growth. The capital outlay for infrastructure at INR10 lakh crore, or 3.3% of GDP is significant as it...
Post Budget Reaction :The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure Says Mr. Ramesh Nair, Colliers
Post Budget Reaction :The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure Says Mr. Ramesh Nair, Colliers
Source: PR Agency
1/02/2023 5:10:50 PM
Post Budget Analysis : We are optimistic about the potential impact of these reforms on the Indian economy Says Haribandhu Patra, Lentra Below is Perspective on Union Budget 2023 by Haribandhu Patra, CFO Lentra, a digital lending cloud platform for banks and NBFCs The Union Budget 2023 is focused on building a strong and resilient Indian economy with a focus on tech-driven development, leading towards a knowledge-based economy with a strong financial sector. The government's focus on simplifying processes, expanding fintech services, and improving bank governance reflects its commitment to economic growth and stabi...
Post Budget Analysis : We are optimistic about the potential impact of these reforms on the Indian economy Says Haribandhu Patra, Lentra
Post Budget Analysis : We are optimistic about the potential impact of these reforms on the Indian economy Says Haribandhu Patra, Lentra
Source: PR Agency
1/02/2023 5:06:15 PM
Post Budget Reaction : infrastructure development and also boosting consumption Says Mr. Sumit Chanda, JARVIS Invest Below is Quote On Post Budget Reaction Mr. Sumit Chanda, Founder and CEO, JARVIS Invest Economy: FM has presented a fairly balanced budget, by providing an impetus to capex, infrastructure development and also boosting consumption. All this while also ensuring India remains firm on the path of fiscal consolidation and no negative surprises on the LTCG front. The government has recognized the needs of the economy and provided a boost to economic growth, ensure more job creation, r...
Post Budget Reaction : infrastructure development and also boosting consumption Says Mr. Sumit Chanda, JARVIS Invest
Post Budget Reaction : infrastructure development and also boosting consumption Says Mr. Sumit Chanda, JARVIS Invest
Source: PR Agency
1/02/2023 4:56:08 PM
Post Budget Analysis : The budget remains focused on long-term economic growth Says Motilal Oswal, Motilal Oswal Financial Services Below is Perspective on Union Budget 2023 by Mr. Motilal Oswal, MD & CEO, Motilal Oswal Financial Services The budget remains focused on long-term economic growth through capex and sops to boost consumption for the middle-income group. This would support strong corporate earnings with positive bias for sectors like infra, housing, cement, cap goods, auto and tourism. Despite upcoming state elections, the government did not deliver a populist budget and tried to maintain fiscal pru...
Post Budget Analysis : The budget remains focused on long-term economic growth Says Motilal Oswal, Motilal Oswal Financial Services
Post Budget Analysis : The budget remains focused on long-term economic growth Says Motilal Oswal, Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
1/02/2023 4:48:23 PM
Post Budget Analysis : The personal tax regime revisions will result in a rise in disposable funds due to lower deductions Says Ram Raheja, S Raheja Realty Below is perspective on Union Budget 2023 by Mr. Ram Raheja, Director at S Raheja Realty “The personal tax regime revisions will result in a rise in disposable funds due to lower deductions. The proposed reduction in upper limit of tax on higher income groups is a relief, given the current maximum tax percentage in India is highest in the world. The emphasis on infrastructural development will aid the residential real estate sector at large as it will give an impetus to property laun...
Post Budget Analysis : The personal tax regime revisions will result in a rise in disposable funds due to lower deductions Says Ram Raheja, S Raheja Realty
Post Budget Analysis : The personal tax regime revisions will result in a rise in disposable funds due to lower deductions Says Ram Raheja, S Raheja Realty
Source: PR Agency
1/02/2023 4:43:59 PM
The government`s relief measures for startups in areas of tax benefits and setting off losses comes as a welcome move Says Manish Mimani, Protectt.ai Below is Perspective on Union Budget 2023 by Manish Mimani, Founder & CEO, Protectt.ai “It is encouraging to see the government focus on building a digitally-driven nation in the Union Budget. By expanding innovative services in the fintech space, along with announcing the vision of Make AI in India and Make AI Work for India, we have a lot to look forward. Though not explicitly highlighted in the Budget, we can also expect to see the cybersecurity landscape evolve and benef...
The government`s relief measures for startups in areas of tax benefits and setting off losses comes as a welcome move Says Manish Mimani, Protectt.ai
The government`s relief measures for startups in areas of tax benefits and setting off losses comes as a welcome move Says Manish Mimani, Protectt.ai
Source: PR Agency
1/02/2023 4:41:00 PM
Post Budget Analysis : Budget has laid down further solid credit line guarantee for boosting the ever-important MSME sector Says Sharad Mathur, Universal Sompo General Insurance Company Below is Post Budget Reactive Quote By Sharad Mathur, Managing Director & Chief Executive Officer, Universal Sompo General Insurance Company Ltd. “Over the years, the government has provided insurance coverage for 44.6 Crore persons under the Pradhan Mantri Suraksha Bima Yojana and the Pradhan Mantri Jeevan Jyoti Bima Yojana as part of its financial inclusion efforts. These programs aim to provide accidental and life insurance coverage to underinsured individuals and families at ...
Post Budget Analysis : Budget has laid down further solid credit line guarantee for boosting the ever-important MSME sector Says Sharad Mathur, Universal Sompo General Insurance Company
Post Budget Analysis : Budget has laid down further solid credit line guarantee for boosting the ever-important MSME sector Says Sharad Mathur, Universal Sompo General Insurance Company
Source: PR Agency
1/02/2023 4:33:09 PM
Post Budget Quote : The rise in capital expenditure by 33% to Rs10 lac cr is the shot in the arm heading a multiplier effect on the economy Says Vinod Nair, Geojit Financial Services Below is Quote On Post Budget Reaction by Vinod Nair, head of Research at Geojit Financial Services "The market had a mixed expectations on the budget presuming to be populist and low elbowroom for the government ahead of the slowing economy, high inflation and interest rates. However, the government has taken it to a new zone with a well-tuned perfection between growth and stability. The rise in capital expenditure by 33% to Rs10 lac cr is the shot in the arm heading...
Post Budget Quote : The rise in capital expenditure by 33% to Rs10 lac cr is the shot in the arm heading a multiplier effect on the economy Says Vinod Nair, Geojit Financial Services
Post Budget Quote : The rise in capital expenditure by 33% to Rs10 lac cr is the shot in the arm heading a multiplier effect on the economy Says Vinod Nair, Geojit Financial Services
Source: Geojit Financial Services Ltd
1/02/2023 4:31:40 PM
Post Budget Analysis : Budget is pro-growth with focus both on investment and consumption Says Rahul Singh, Tata Mutual Fund Below is Equity Quote by Rahul Singh, CIO-Equities, Tata Mutual Fund “Budget is pro-growth with focus both on investment (capital outlay increase) and consumption (direct tax cuts). This will be important driver of broad-based GDP growth in FY24E, critical to maintain the fiscal roadmap outlined by the government. Meanwhile, capital gains (on equity) remain unchanged which addresses one of the concerns pre-budget. Tax changes on some savings products in insurance is a negative f...
Post Budget Analysis : Budget is pro-growth with focus both on investment and consumption Says Rahul Singh, Tata Mutual Fund
Post Budget Analysis : Budget is pro-growth with focus both on investment and consumption Says Rahul Singh, Tata Mutual Fund
Source: Tata Mutual Fund
1/02/2023 4:27:11 PM