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India registers 4.1% growth in crude steel production in May 2023: World Steel Association The World Steel Association (worldsteel) has said India has registered a 4.1 per cent growth in its crude steel production at 11.2 MT amid 5.1 per cent downfall in the global output at 161.6 MT in May 2023.  It said that despite a 7.3 per year-on-year (y-o-y) fall, China remained the top steel producing country in May with 90.1 MT crude steel production. It further stated Japan's output was also 5.2 per cent down y-o-y at 7.6 MT. The United States produced 6.9 MT steel registering...
India registers 4.1% growth in crude steel production in May 2023: World Steel Association
India registers 4.1% growth in crude steel production in May 2023: World Steel Association
Source: Accord Fintech
26/06/2023 10:05:21 AM
Union Budget has something for every sector - Prateek Pant, White Oak Capital Asset Management Mr Prateek Pant, Chief Business Officer, White Oak Capital Asset Management The Union Budget has something for every sector. Likewise, the government announced the creation of a thematic fund for sunrise sectors. The supportive policy actions will help provide funding for these important sectors of tomorrow. Market borrowing through green bonds for mobilizing resources for green Infrastructure is also a welcome step. The decision on dense charging infra and swappable batteries will...
Union Budget has something for every sector - Prateek Pant, White Oak Capital Asset Management
Union Budget has something for every sector - Prateek Pant, White Oak Capital Asset Management
Source: PR Agency
2/02/2022 2:08:06 PM
Budget has highlighted the strengths of the economy - RP Gupta, Turn Around India 2020  Mr. R.P. Gupta, Author, Jan-Andolan, Turn Around India 2020  Budget has highlighted the strengths of the economy such as, recovery from the pandemic, export growth of 16.5%, Forex Reserves of USD 634 billion and the fiscal deficit at 6.8% of GDP within prudent limit etc. However, it has not discussed about the achievements and failures in the targets of previous Budget.  More so, the weakness of economy is neither spelt out nor fully addressed.  Currently, the unempl...
Budget has highlighted the strengths of the economy - RP Gupta, Turn Around India 2020 
Budget has highlighted the strengths of the economy - RP Gupta, Turn Around India 2020 
Source: PR Agency
2/02/2022 1:54:46 PM
Budget 2022 – Some great sustainability measures and policies but falls short of ambition - Chirag Mehta, Quantum AMC By Chirag Mehta - Senior Fund Manager - Alternative Investments, Quantum AMC Measures like Single window green clearances to sources of funding that now includes Green bonds, Blended finance were necessary to channelise sustainable capital in India. Battery swapping could provide EV the big push with right policies and execution. PLI incentives for solar module manufacturing will help reduce our reliance on imports and circular economy initiatives will provide the regulatory push for much ...
Budget 2022 – Some great sustainability measures and policies but falls short of ambition - Chirag Mehta, Quantum AMC
Budget 2022 – Some great sustainability measures and policies but falls short of ambition - Chirag Mehta, Quantum AMC
Source: Quantum AMC
2/02/2022 12:28:51 PM
With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance "With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget, with substantial increase in capital expenditure from Rs. 5.5 Lakh Cr in FY22 to Rs 7.50 Lakh Cr. in FY23. This has been achieved while lowering the fiscal deficit target from 6.9% in FY 22 to 6.4% in FY23. Although the deficit for FY23 is a higher than the market expectations thereby causing the yields to...
With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Source: PR Agency
1/02/2022 5:34:49 PM
Growth Oriented Budget with focus on Infrastructure and Digital Development Mr. Shishir Baijal, Knight Frank India  Growth Oriented Budget with focus on Infrastructure and Digital Development by Mr. Shishir Baijal, Chairman and Managing Director, Knight Frank India . “The Finance Ministry has presented a growth-oriented budget with focus on infrastructure and development. Creation of unified logistics platform and developments of 100 new cargo terminals in the next three years are significant steps in improving the supply chain eco system in the country. Many measures have been arou...
Growth Oriented Budget with focus on Infrastructure and Digital Development Mr. Shishir Baijal, Knight Frank India 
Growth Oriented Budget with focus on Infrastructure and Digital Development Mr. Shishir Baijal, Knight Frank India 
Source: Knight Frank
1/02/2022 5:19:04 PM
Union Budget 2022-23  had special emphasis on Financial Inclusion, technology adoption and entrepreneurship - Raghvendra Nath, Ladderup Wealth Management Mr. Raghvendra Nath, Managing Director – Ladderup Wealth Management Private Limited “The Budget has rightly focused on the broad agenda for Economic growth rather than unnecessarily tinkering with the structures. The fiscal deficit of 6.9 percent in the revised estimate for the current FY is a tad higher than what was expected but considering that the last twelve months have been extremely challenging for the economy, it is not a big negative. The projected fiscal deficit of 6....
Union Budget 2022-23  had special emphasis on Financial Inclusion, technology adoption and entrepreneurship - Raghvendra Nath, Ladderup Wealth Management
Union Budget 2022-23  had special emphasis on Financial Inclusion, technology adoption and entrepreneurship - Raghvendra Nath, Ladderup Wealth Management
Source: PR Agency
1/02/2022 4:43:56 PM
Budget 2022 is a ‘Pro-Growth and Capex oriented Budget‘ - Niraj Kumar, Future Generali India Life Insurance Mr. Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance "Budget 2022 is a ‘Pro-Growth and Capex oriented Budget‘ yet again exemplifying the government’s unflinching resolve to nurture nascent growth and providing the coveted panacea for reeling sectors bruised due to Covid. While these pro-growth measures have entailed slightly higher than anticipated fiscal deficit and higher market borrowing, the government has clearly given more importance ...
Budget 2022 is a ‘Pro-Growth and Capex oriented Budget‘ - Niraj Kumar, Future Generali India Life Insurance
Budget 2022 is a ‘Pro-Growth and Capex oriented Budget‘ - Niraj Kumar, Future Generali India Life Insurance
Source: PR Agency
1/02/2022 4:39:01 PM
It's a growth-oriented Budget on the backdrop of the pandemic - Shanti Lal Jain, Indian Bank Shri Shanti Lal Jain, MD & CEO of Indian Bank ‘It's a growth-oriented Budget on the backdrop of the pandemic. It is laudable that the focus is centred on Clean energy, Infrastructure, Agriculture, MSME, Education, Digital Economy, Hospitality, transportation & logistics and increasing capital expenditure for overall development of the economy. The government's thrust has also been to relieve the supply-side bottlenecks. The reforms namely the issuance of ...
It's a growth-oriented Budget on the backdrop of the pandemic - Shanti Lal Jain, Indian Bank
It's a growth-oriented Budget on the backdrop of the pandemic - Shanti Lal Jain, Indian Bank
Source: PR Agency
1/02/2022 4:34:21 PM
Bond market was assuming net borrowing of Rs 9 to Rs 9.5 Lakh Crores - Murthy Nagarajan, Tata Mutual Fund Murthy Nagarajan, Head-Fixed Income, Tata Mutual Fund “Bond market was assuming net borrowing of Rs 9 to Rs 9.5 Lakh crores and total borrowing programme of Rs 12 to Rs 12.75 Lakh crores.  The government has switched short term papers with longer maturity papers with RBI.  RBI  converted  Rs 1.18 Lakh crores of its holding to longer term maturities on 31st January 2021. This included Rs 63000 Crores of 2022 maturity converted to long dated papers. The debt market ...
Bond market was assuming net borrowing of Rs 9 to Rs 9.5 Lakh Crores - Murthy Nagarajan, Tata Mutual Fund
Bond market was assuming net borrowing of Rs 9 to Rs 9.5 Lakh Crores - Murthy Nagarajan, Tata Mutual Fund
Source: Tata Mutual Fund
1/02/2022 4:08:51 PM
Union Budget 2022 followed through with the investment and growth focus - Rahul Singh, Tata Mutual Fund Union Budget Quote by Rahul Singh, CIO-Equities, Tata Mutual Fund “Union Budget 2022 followed through with the investment and growth focus which the Government had injected in the 2021 Budget. The sense of urgency to support and drive growth was visible as government maintained the much-needed consistency and persistence required in any pivot in the fiscal policy, which in this case was counter-cyclical bet led by the public investment. In that context, the Budget 2022 consolidates o...
Union Budget 2022 followed through with the investment and growth focus - Rahul Singh, Tata Mutual Fund
Union Budget 2022 followed through with the investment and growth focus - Rahul Singh, Tata Mutual Fund
Source: Tata Mutual Fund
1/02/2022 3:40:31 PM
Union Budget 2022-23 : Focus On Infrastructure to Drive Real Estate Growth - Anuj Puri, ANAROCK Group By Anuj Puri, Chairman – ANAROCK Group Providing a broad-spectrum booster shot to the economy, Union Budget 2022-23 is progressive – especially with its emphasis on building the infrastructure of the country. The FM clearly emphasised the top priorities of the government - PM Gati Shakti for sustainable growth, inclusive development, productivity enhancement, and financing of investments. Notably, the government also expanded the Capex target by 35.4% - from INR 5.54 la...
Union Budget 2022-23 : Focus On Infrastructure to Drive Real Estate Growth - Anuj Puri, ANAROCK Group
Union Budget 2022-23 : Focus On Infrastructure to Drive Real Estate Growth - Anuj Puri, ANAROCK Group
Source: ANAROCK Group
1/02/2022 1:35:18 PM
Budget Analysis 2022 : Booster Shot For Infrastructure Sector - Sandeep Upadhyay ,Centrum Capital Ltd By Sandeep Upadhyay, Managing Director – Centrum Capital Ltd The Budget seems to be focused on high impact areas and accelerating the capital expenditure cycle. Setting Capital Expenditure target of Rs. 7.5 Lac Crores, increase of 35% vis-a-vis FY22 is a major shot in the arm for the Infrastructure sector and certainly much higher than market estimates. It is pertinent to note the reference towards investments into capacity building initiatives within the Infrastructure sector f...
Budget Analysis 2022 : Booster Shot For Infrastructure Sector - Sandeep Upadhyay ,Centrum Capital Ltd
Budget Analysis 2022 : Booster Shot For Infrastructure Sector - Sandeep Upadhyay ,Centrum Capital Ltd
Source: Centrum Capital Limited
1/02/2022 1:23:39 PM
2022 Budget will be a boon to the fintech sector as the lending space continues to grow - EarlySalary Mr. Akshay Mehrotra, Co-Founder and CEO of EarlySalary expectation from budget 2021. “With the current rise in the cases and surge over major parts of the country, there is a threat of pause repetition in the economy. And the 2022 budget is expected to regain confidence throughout various sectors. The previous 2 years have been challenging for everyone, especially the working population there was an increased strain on income and risk to health. The increased h...
2022 Budget will be a boon to the fintech sector as the lending space continues to grow - EarlySalary
2022 Budget will be a boon to the fintech sector as the lending space continues to grow - EarlySalary
Source: PR Agency
24/01/2022 4:27:51 PM
Union Budget Expectations : Execution rather than transformation - Rahul Singh, Tata Mutual Fund By Rahul Singh, CIO-Equities, Tata Mutual Fund Union Budget 2021 surprised positively in terms of the counter-cyclical fiscal stance, focus on growth through investment cycle and privatisation. After that kind of an inflexion in Government’s approach towards rekindling the investment cycle (further supported by the success achieved In PLI schemes so far), we expect the 2022 Budget to be more of a consolidation one. The focus is likely to be on execution of the elements of the Budget ...
Union Budget Expectations : Execution rather than transformation - Rahul Singh, Tata Mutual Fund
Union Budget Expectations : Execution rather than transformation - Rahul Singh, Tata Mutual Fund
Source: Tata Mutual Fund
24/01/2022 2:25:50 PM
Budget 2022- 23 Recommendations - Jimmy Patel, Quantum AMC 1. Introduce Debt Linked Savings Scheme (DLSS) to deepen the Indian Bond Market Minimum of 80 % of funds under the category of Debt Linked Savngs Scheme (DLSS) shall be invested in debentures and bonds of companies that are permissible under SEBI Regulations. DLSS should be introduced similar to Equity Linked Savings Scheme (ELSS) to generate potential returns for long term savings of retail investors into corporate bond marketswhich also helps boost the Indian Bond Markets. I...
Budget 2022- 23 Recommendations - Jimmy Patel, Quantum AMC
Budget 2022- 23 Recommendations - Jimmy Patel, Quantum AMC
Source: Quantum AMC
24/01/2022 2:16:25 PM
Quote on Pre-budget expectation - Mr. Nitin Sharma, Fidelity International Below is quote on Pre-budget expectation By Mr. Nitin Sharma, Director, Research & India Site Head, Fidelity International “Budget 2022 will be all about a balancing act between boosting demand on one hand and strengthening the investment cycle on the other. The Finance Minister (FM) does have some leeway on this front owing to the buoyant tax receipts and early signs of a credit pick-up. However, even with relatively healthy corporate and bank balan...
Quote on Pre-budget expectation - Mr. Nitin Sharma, Fidelity International
Quote on Pre-budget expectation - Mr. Nitin Sharma, Fidelity International
Source: PR Agency
23/01/2022 1:03:23 PM
Budget Expectations: Nurturing growth and sustaining economic recovery amid growing pandemic challenges - Brickwork Ratings State of the Economy The impact of the Coronavirus (COVID-19) pandemic on economic activities continued in FY22, with the emergence of new COVID variants disrupting recovery in the growth process. After a 7.3% contraction in the GDP in FY21, the economy was bracing for double-digit growth in FY22. Last year’s economic survey projected GDP growth at 11% for FY22. However, due to repeated restrictions following the new COVID mutants and the second wave of the pandemic, growth momentum ...
Budget Expectations: Nurturing growth and sustaining economic recovery amid growing pandemic challenges - Brickwork Ratings
Budget Expectations: Nurturing growth and sustaining economic recovery amid growing pandemic challenges - Brickwork Ratings
Source: PR Agency
21/01/2022 3:17:37 PM
Quote on Pre-Budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance Below is quote on Pre-Budget By Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance ‘’We are expecting that the Union Budget to be growth oriented and emphasis likely to be on sectors like  manufacturing, healthcare, and infrastructure which would help with job creation. Given the Governments’ commitment towards climate, we expect electric vehicles (EV) segment may also see an additional boost with specific incentives for the char...
Quote on Pre-Budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Quote on Pre-Budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Source: PR Agency
13/01/2022 1:22:49 PM