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February 03, 2022 / 07:28 IST

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

By Moneycontrol News

Big Story
Exclusive: FM bets on govt capex multipliers to catapult economy

In an exclusive interview with Network18 Editor-in-Chief Rahul Joshi on February 2, Nirmala Sitharaman said the economy required strong support and investment-led consolidation. Read this story to know more.

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Watch Out
Take a look at these key events

Today:
Audi launch of Q7 facelift
Adani Wilmar IPO share allotment expected Tomorrow:
PM Modi to hold virtual rally in 5 districts of UP

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Market Buzz
Bet on these 41 stocks after FM’s growth-oriented Budget

The biggest beneficiaries would be infrastructure, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments. Read here.

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Your Money
No tax cuts for the individual taxpayers; status quo is good, say experts

Budget 2022 has kept income tax rates steady. Additionally, it introduced taxes on the transfer of cryptocurrency assets. Homi Mistry, partner, Deloitte, and Swarup Mohanty, CEO, Mirae Asset Investment Managers (India), dissect the personal finance aspect of Budget. You can watch the video here.

Budget 2022
Black money: Budget 2022 deals another blow to tax cheats but implementation key

The government, stepping up efforts to fight black money, has made it mandatory for taxpayers to disclose the source of their borrowings. Read the full story here.

Cryptic Crypto
Bitcoin, Ethereum or NFT will never be legal tenders: Finance Secretary

Finance Secretary TV Somanathan discouraged investment in crypto assets, saying "there is no guarantee whether your investment will be successful or not". One may suffer losses and the government is not responsible for this, he stressed. Read full story here.

Tailpiece
Have you got game? The message in Wordle’s sensational rise

What can brands learn from games like Wordle and Pokemon Go, that give their consumers daily frissons of delight. Read here to find out.