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India to see challenges in meeting fiscal glide path: Fitch analyst

India to see challenges in meeting fiscal glide path: Fitch analyst

The government#39;s budget gap, which hit a high of 9.5% of GDP in 2020/21 as the spread of COVID-19 infections brought the economy to a halt, has narrowed since but remains well above the medium-term goal of 4.5% of GDP by 2025/26.

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​ The government#39;s budget gap, which hit a high of 9.5% of GDP in 2020/21 as the spread of COVID-19 infections brought the economy to a halt, has narrowed since but remains well above the medium-term goal of 4.5% of GDP by 2025/26. The government#39;s budget gap, which hit a high of 9.5% of GDP in 2020/21 as the spread of COVID-19 infections brought the economy to a halt, has narrowed since but remains well above the medium-term goal of 4.5% of GDP by 2025/26.  Moneycontrol Latest News Read More  

The government#39;s budget gap, which hit a high of 9.5% of GDP in 2020/21 as the spread of COVID-19 infections brought the economy to a halt, has narrowed since but remains well above the medium-term goal of 4.5% of GDP by 2025/26.

Budget 2023: I-T benefits in budget to propel deposit growth, says Bandhan Bank MD

Budget 2023: I-T benefits in budget to propel deposit growth, says Bandhan Bank MD

In her budget speech, Union Finance Minister Nirmala Sitharaman announced no tax for those with an annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old regime that provides for tax exemptions and deductions on investments and expenses such as HRA.

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​ In her budget speech, Union Finance Minister Nirmala Sitharaman announced no tax for those with an annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old regime that provides for tax exemptions and deductions on investments and expenses such as HRA. In her budget speech, Union Finance Minister Nirmala Sitharaman announced no tax for those with an annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old regime that provides for tax exemptions and deductions on investments and expenses such as HRA.  Moneycontrol Latest News Read More  

In her budget speech, Union Finance Minister Nirmala Sitharaman announced no tax for those with an annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old regime that provides for tax exemptions and deductions on investments and expenses such as HRA.

Technical View | Nifty forms High Wave candle on budget day amid high volatility

Technical View | Nifty forms High Wave candle on budget day amid high volatility

The index remains in a sell-on-rise mode. Immediate resistance is at 17,700-17,750 and support is at 17,400, Rupak De of LKP Securities has said

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​ The index remains in a sell-on-rise mode. Immediate resistance is at 17,700-17,750 and support is at 17,400, Rupak De of LKP Securities has said The index remains in a sell-on-rise mode. Immediate resistance is at 17,700-17,750 and support is at 17,400, Rupak De of LKP Securities has said  Moneycontrol Latest News Read More  

The index remains in a sell-on-rise mode. Immediate resistance is at 17,700-17,750 and support is at 17,400, Rupak De of LKP Securities has said

Banks pocket $12 million in fees in Adani’s mega share sale

Banks pocket $12 million in fees in Adani’s mega share sale

The fees are equivalent to around 0.5% of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private.

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​ The fees are equivalent to around 0.5% of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private. The fees are equivalent to around 0.5% of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private.  Moneycontrol Latest News Read More  

The fees are equivalent to around 0.5% of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private.

Budget 2023 enhances scope of taxation for Reits/InvITs

Budget 2023 enhances scope of taxation for Reits/InvITs

It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said.

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​ It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said. It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said.  Moneycontrol Latest News Read More  

It may be noted that dual non-taxation of any distribution made by the business trust, i.e. which is exempt in the hands of the business trust as well as the unit holder, is not the intent of the special taxation regime applicable to business trusts, the Budget document said.

Budget 2023: Over promise, under deliver, says Congress

Budget 2023: Over promise, under deliver, says Congress

Budget 2023: Finance Minister Nirmala Sitharaman presented the last full Budget of the second term of the BJP-led NDA government on Wednesday.

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​ Budget 2023: Finance Minister Nirmala Sitharaman presented the last full Budget of the second term of the BJP-led NDA government on Wednesday. Budget 2023: Finance Minister Nirmala Sitharaman presented the last full Budget of the second term of the BJP-led NDA government on Wednesday.  Moneycontrol Latest News Read More  

Budget 2023: Finance Minister Nirmala Sitharaman presented the last full Budget of the second term of the BJP-led NDA government on Wednesday.

Jubilant Foodworks tanks over 6% after December quarter profit declines 40%

Jubilant Foodworks tanks over 6% after December quarter profit declines 40%

“The historic high inflation continues to keep margin under pressure,” Jubilant Foodworks said.

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​ “The historic high inflation continues to keep margin under pressure,” Jubilant Foodworks said. “The historic high inflation continues to keep margin under pressure,” Jubilant Foodworks said.  Moneycontrol Latest News Read More  

“The historic high inflation continues to keep margin under pressure,” Jubilant Foodworks said.

Tata Motors total vehicle sales rise to 81,069 units in January

Tata Motors total vehicle sales rise to 81,069 units in January

Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units in 2022, Tata Motors said in a statement.

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​ Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units in 2022, Tata Motors said in a statement. Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units in 2022, Tata Motors said in a statement.  Moneycontrol Latest News Read More  

Domestic vehicle sales were up 10 per cent at 79,681 units in the previous month over 72,485 units in 2022, Tata Motors said in a statement.

Whirlpool of India falls 3% after Q3 profit tanks 74%

Whirlpool of India falls 3% after Q3 profit tanks 74%

Standalone revenue from operations declined 18.3 percent on year to Rs 1,172.4 crore for the quarter

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​ Standalone revenue from operations declined 18.3 percent on year to Rs 1,172.4 crore for the quarter Standalone revenue from operations declined 18.3 percent on year to Rs 1,172.4 crore for the quarter  Moneycontrol Latest News Read More  

Standalone revenue from operations declined 18.3 percent on year to Rs 1,172.4 crore for the quarter

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