Budget - Angel One - Page 13

The Indian stock market holds its breath on Budget Day, a day steeped in anticipation and potential volatility. For investors and traders, it’s an annual test of reflexes and strategic smarts. But fear not, savvy preparation can hold the key to navigating this financial roller coaster and potentially emerging victorious. Let’s break down the pre-budget …

The upcoming Budget 2024 in India has stirred a significant debate regarding the potential reduction in import duties on electronic components used in manufacturing smartphones. A recent report from the Global Trade Research Initiative (GTRI) emphasises the success of the current tariff structure, arguing against changes that could adversely affect local manufacturing. On the other …

The interim Budget session of the Parliament is scheduled to commence on January 31st, where Finance Minister Nirmala Sitharaman will present the Union Interim Budget for the fiscal year 2023-2024 (FY24) at 11:00 am on February 1st. This will be the last financial plan to be presented by the PM Narendra Modi-led government before the …

In anticipation of the upcoming Lok Sabha polls, Finance Minister Nirmala Sitharaman is set to present the interim budget on February 1, 2024, which is today. As this pre-election budget unfolds, it would be interesting to see how the finance minister strikes a balance between populism and fiscal prudence, aiming to meet the expectations of …

On February 1, 2024, India’s Finance Minister Nirmala Sitharaman is set to present her fifth Union budget for the financial year 2024-2025. Like all Union Budgets, Budget 2024 is set to be a detailed and comprehensive report of the country’s revenues as well as estimated expenditures for the fiscal year ahead. Owing to the wide …

In a bid to address the pressing housing shortage in India, Prime Minister Narendra Modi’s flagship federal housing scheme is set to receive a significant boost. With elections looming, the government is gearing up to announce an extension to the scheme and increase subsidies for low-cost housing loans in the upcoming budget. Finance Minister Nirmala …

The Indian infrastructure sector is about to get a major boost! With the interim budget for FY 2024 just around the corner (February 1st, to be precise), all eyes are on Finance Minister Nirmala Sitharaman to release her plan for propelling India’s economic engine forward. And let me tell you, based on what we saw …

The upcoming financial year of 2023 is likely to provide the Indian Government with a little room to reduce its market borrowings, considering its revenue figures are strong. However, this news does not spoil the party for bond investors. The reason being, a redemption pile of about Rs. 4.5 lakh crores throughout this fiscal year …

While everyone’s buzzing about the upcoming budget, FM Nirmala Sitharaman has thrown cold water on expectations of major announcements. Don’t despair, energy bulls! Even an interim budget can leave sparks in the energy sector, a domain destined to shine for years to come. So, let’s connect some dots and predict what could electrify our portfolios. …

As Finance Minister Nirmala Sitharaman prepares to present the upcoming interim budget on February 1, 2024, amid the backdrop of impending general elections in India, the financial landscape anticipates a pivotal moment. Departing from the norm of full-year fiscal statements, interim budgets play a crucial role in providing temporary financial plans, vital for sustaining government …