After being hit hard by the pandemic, when lockdowns, WFH and online classes kept people home, umbrella makers are hopeful that predictions of a normal monsoon will revive their fortunes
Start-up culture has taken deep roots in India: Over 90,000 tech firms were founded in the last 10 years across 700 towns. But less than a tenth of them received any seed funding
"A sustained recovery is what we would want. The budget has growth revival along with messages for sustainability as a priority," she said.
Addressing a webinar on the positive impact of the Union Budget 2022-23, Modi said the budget focuses on five aspects related to the education sector -- universalisation of quality education, skill development, urban planning and design, internationalisation and AVGC (Animation Visual Effects Gaming Comic).
The current taxation laws have made ESOPs employee unfriendly. Many expected that Budget 2022 would remove these barriers; that has unfortunately not been the case
Budget 2022 has brought cheer to many fronts. Unfortunately, the issue of tax concession on foreign source dividend is not one of them
Budget 2022’s focus on the digital economy cuts across the Aspirational Districts Programme’s five socio-economic themes of health, education, agriculture, financial inclusion, and skill development
There is nothing in the budget which indicates that the national carrier is addressing its major handicap – having to spend over half of its earnings on staff costs and pensions
Rather than giving in to the populist demands for short-term gains, the government has laid down the path for long-term sustenance, and has ticked all relevant boxes to provide impetus to the economy
The Pune-based DICCI was established in 2005 to instill the spirit of entrepreneurship among Dalit youth to develop business leadership.
Budget 2022 may not have had any ‘tadka’ note, but was very focused on responsible capital expenditure. It also stayed the course by continuing to embrace progressive new-age businesses
Apart from proposals to enhance fresh credit flow, the operationalisation of the NARCL, and proposal to make amendments in IBC augur well for the recoveries from legacy stressed assets
Budget 2022 | The big themes for the next 1-2 years are infrastructure growth and cyclical recovery, as the budget has clarified. Also, FM has focused on Fintech instead of Banking, Electric Vehicles, and Edtech instead of Education which has brought back focus to the new-age innovative sectors.
Budget 2022 | The overall performance of the broad equity market will depend on many non-budget factors like performance of global market, geo-political issue, and state election outcome.
Daily Voice | The sharp increase in oil prices is a big concern especially with the global economy opening up. It can potentially derail economic growth by increasing inflation and thereby the cost of borrowings.
Budget 2022 maintained the government’s focus on boosting India’s manufacturing strengths
Budget 2022 | Hopefully, the capital expenditure and domestic manufacturing incentives planned for FY23 create strong infrastructure and industrial growth, which in turn spur employment and consumption.
Since the CBDC is a liability of the central bank, it minimizes depositors’ exposure to their bank. The idea that a central bank will default on its obligation to honour a payment or settle a transaction is currently unthinkable. A CBDC is, therefore, a risk-free settlement asset
The effective capital expenditure of the Central government is estimated to be at Rs 10.68 lakh crore in 2022-23 making up 4.1 percent of the GDP. Let us take a look at what some of the best smallcase Managers have to say about the newly announced Budget.
The bond market reception of the Budget has been underwhelming as a sharp drop in disinvestments increased the reliance on debt receipts. Moreover, recourse to market borrowing increased as the provision for small savings has come down
The budgeted numbers for receipts on account of disinvestment at Rs 650 billion for FY2023, appear achievable with the possibility of some spill over from the stake sale in LIC
The health sector has been badly neglected these past seven decades — not for want of ideas or capability, but funding and policy attention
In today’s edition of Moneycontrol Pro Panorama: The PMI pain, the BofA view, the Recovery Tracker, Chart of the Day, reality hurts for Meta and more
Budget 2022 has allocated a sum of Rs 23,875 crore for mass rapid transit systems and metro projects.
Budget announcements will help in eliminating range anxiety, popularising EV exclusive zones, encouraging interoperability of batteries, and simplify foreign investments in clean energy