👌HDFC Bank hits 52-week low; slips 18% in 1 month wiping out Rs 2.3 trn mcap

https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Shares of HDFC Bank hit a 52-week low of Rs 1,363.45, down 2%, falling below its previous low of Rs 1,382.40 touched

Orissa High Court asks AAAR to revisit GST levy on Go Cool outlets | India News – Business Standard

https://www.business-standard.com/india-news/orissa-hc-asks-aaar-to-have-a-fresh-look-at-gst-case-on-go-cool-outlets-124021401012_1.html Clipped from: https://www.business-standard.com/india-news/orissa-hc-asks-aaar-to-have-a-fresh-look-at-gst-case-on-go-cool-outlets-124021401012_1.html The case relates to a company called Pioneer Bakers, which operates its outlets under the brand name of Go Cool Listen to

Slowing inflation, smaller fiscal deficit will create ground for MPC to start cutting rates: Crisil – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/slowing-inflation-smaller-fiscal-deficit-will-create-ground-for-mpc-to-start-cutting-rates-crisil/article67845016.ece Clipped from: https://www.thehindubusinessline.com/economy/slowing-inflation-smaller-fiscal-deficit-will-create-ground-for-mpc-to-start-cutting-rates-crisil/article67845016.ece ‘More clarity on the path of disinflation could push this decision at least to June 2024, if not later’ Slowing inflation, a

Interim Budget: Govt remains steady in its course and its objectives

https://www.business-standard.com/opinion/columns/interim-budget-govt-remains-steady-in-its-course-and-its-objectives-124020101884_1.html Clipped from: https://www.business-standard.com/opinion/columns/interim-budget-govt-remains-steady-in-its-course-and-its-objectives-124020101884_1.html Another critical point that is not really addressed in the Interim Budget of the finance minister is the fact that private investment

Budget reinforces the vision of a confident, consistent and credible India

https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html Clipped from: https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending The

No changes in tax regime: Palkhiwala would have been pleased | Expert Views – Business Standard

https://www.business-standard.com/opinion/columns/no-changes-in-tax-regime-palkhiwala-would-have-been-pleased-124020101616_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-changes-in-tax-regime-palkhiwala-would-have-been-pleased-124020101616_1.html His constant lament was that he longed for a budget, which would make zero changes in the Income Tax Act Listen to

Budget reinforces the vision of a confident, consistent and credible India

https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html Clipped from: https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending The

FM Sitharaman’s Interim Budget is high on confidence, not on populism

https://www.business-standard.com/budget/news/fm-sitharaman-s-interim-budget-is-high-on-confidence-not-on-populism-124020200016_1.html Clipped from: https://www.business-standard.com/budget/news/fm-sitharaman-s-interim-budget-is-high-on-confidence-not-on-populism-124020200016_1.html FM overperforms on deficit, stays away from sops, pushes feel-good factor by ending old tax disputes, lists out decade of development When

Quantifying capex is reassuring but expect it to change in July: L&T CFO

https://www.business-standard.com/budget/news/quantifying-capex-outlay-in-budget-is-reassuring-l-t-cfo-r-shankar-raman-124020201357_1.html Clipped from: https://www.business-standard.com/budget/news/quantifying-capex-outlay-in-budget-is-reassuring-l-t-cfo-r-shankar-raman-124020201357_1.html I was just expecting her to say we will continue to keep focus on infra, he says R Shankar Raman, chief financial

Interim Budget 2024: FMCG companies poised for rural demand revival | News – Business Standard

https://www.business-standard.com/industry/news/interim-budget-2024-fmcg-companies-poised-for-rural-demand-revival-124020201491_1.html Clipped from: https://www.business-standard.com/industry/news/interim-budget-2024-fmcg-companies-poised-for-rural-demand-revival-124020201491_1.html Budget schemes to revive demand over a period of time Vimal Pande, Chief Executive Officer at the largest shaving cream company, Vi-John,

Budget silent on extending tax concessions to new manufacturing cos – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/budget-silent-on-extending-tax-concessions-to-new-manufacturing-cos/article67804266.ece Clipped from: https://www.thehindubusinessline.com/markets/budget-silent-on-extending-tax-concessions-to-new-manufacturing-cos/article67804266.ece Several industry bodies had petitioned the finance ministry for a three-year extension to the concessional tax regime of 15 per cent, which

PM Suryoday Yojana: Low-income households to get free rooftop solar systems and power – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/pm-suryoday-yojana-low-income-households-to-get-free-rooftop-solar-systems-and-power/article67805006.ece Clipped from: https://www.thehindubusinessline.com/economy/pm-suryoday-yojana-low-income-households-to-get-free-rooftop-solar-systems-and-power/article67805006.ece A low-income household is being identified as one whose monthly electricity consumption is below or up to 300 kilowatts or unit New

Sharp cutback in fiscal deficit targets is timely – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/sharp-cutback-in-fiscal-deficit-targets-is-timely/article67804936.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sharp-cutback-in-fiscal-deficit-targets-is-timely/article67804936.ece Tighter-than-expected fiscal consolidation will also stand the government in good stead as it parleys with global rating agencies for a long-overdue sovereign

GST collection from online gaming in Nov-Jan period touched ₹3,470 crore, says Revenue Secretary Sanjay Malhotra – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/gst-collection-from-online-gaming-in-nov-jan-period-touched-3470-cr-says-revenue-secretary-sanjay-malhotra/article67805437.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-collection-from-online-gaming-in-nov-jan-period-touched-3470-cr-says-revenue-secretary-sanjay-malhotra/article67805437.ece We are expecting ₹13,000-14,000 crore of tax revenues from online gaming on annual basis, says Sanjay Malhotra Revenue Secretary Sanjay Malhotra on

Enough space in Budget to accommodate minor fluctuations resulting from risks, says Finance Secretary Somanathan – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/enough-space-in-budget-to-accommodate-minor-fluctuations-resulting-from-risks-says-finance-secretary-somanathan/article67804736.ece Clipped from: https://www.thehindubusinessline.com/economy/enough-space-in-budget-to-accommodate-minor-fluctuations-resulting-from-risks-says-finance-secretary-somanathan/article67804736.ece A slight saving on capex and an improvement in non-tax revenue are the main sources of the consolidation, says Somanathan Finance Secretary

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