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BusinessToday.In
February 3, 2021
India Stock Market News Updates Today: IndusInd Bank, followed by Dr Reddy's, PowerGrid, Tech Mahindra, M&M, Sun Pharma and Axis Bank were among the top gainers. On the other hand, Maruti, Kotak Bank, SBI and UltraTech Cement were among the losers


BusinessToday.In
February 2, 2021
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Chitranjan Kumar
February 2, 2021
This large cap stock has rallied 422 per cent from its 52-week low of Rs 63.60 as on March 24, 2020, while it gained 29 per cent in the last two sessions     


BusinessToday.In
February 2, 2021
It is a new year, and the one resolution that you have to make this year, more so after an eventful 2020, is to manage your finances the best way possible.


BusinessToday.In
New Delhi, February 2, 2021
Industry leaders praised the steps to provide tax relief to senior citizens, encourage expenditure for infrastructure development and emphasis on healthcare in Union Budget 2021-22; Farmer unions have announced a nationwide 'chakka jam' on February 6 against the internet ban on their agitation spots and alleged harassment by the authorities; About 1,500 of the initial volunteers in a late-stage clinical trial of the Oxford/AstraZeneca Covid-19 vaccine received wrong dose. Watch this and more on News Blast.Also Read: Sensex reclaims 50,000 mark, Nifty crosses 14,700 after investors cheer Budget 2021


Aseem Thapliyal
February 2, 2021
In last two sessions, Sensex rallied 3,511 points and Nifty gained 1,012 points. With the two-day rally, Sensex and Nifty have erased all losses they suffered in the previous six  sessions


Rupa Burman Roy
February 2, 2021
State Bank of India, HDFC Bank, Larsen & Toubro, Hindalco, UPL and Bharat Petroleum Corporation were among the top gainers today


Reuters
February 2, 2021
Finance Minister Nirmala Sitharaman in her budget for fiscal year announced plan to monetise oil and gas pipeline assets of IOC, GAIL and Hindustan Petroleum Corporation


Saloni Roy
February 2, 2021
This year's budget was in the midst of the pandemic, but stayed on the path of 'AtmaNirbhar Bharat Abhiyan' that supplements the Make in India vision of the government


Manoj Sharma
February 2, 2021
Experts say the likelihood of a tax hike for tobacco products and cigarettes was low in this year's budget because it was hiked sharply in Budget 2020


Divya Baweja
February 2, 2021
While the expectations of the common man of tax relief are not met, the budget outlines measures to rationalise the tax structure and bring out changes in the tax processes


Rai Vinaykumar
February 2, 2021
Resisting the temptation to hike taxes, the finance minister banked on disinvestment and asset monetisation to increase government's revenue.


Aseem Thapliyal
February 2, 2021
BSE Auto index closed 909 points  or 3.95% higher at 23,968. In two sessions, the index has  gained 1,798 points on a closing basis


BusinessToday.In
February 2, 2021
On like-to-like basis, Q3 profit stands at Rs 3,694 crore compared to Rs 2,908 crore in the previous year, reflecting a growth of 27 per cent, says HDFC Ltd. Net interest income for the quarter ended December 31, 2020, grew 26 percent at Rs 4,068 crore


Reuters
February 2, 2021
Indian sugar mills produced 17.7 million tonnes of sugar in the first four months of the marketing year which started on Oct. 1, 2020


Dilip Chenoy
February 2, 2021
Bold measures have been proposed in the budget, such as privatisation of two public sector banks and a general insurance company in this fiscal, higher FDI in the insurance sector, exhibiting India's confidence to be globally competitive


Amarjeet Singh
February 2, 2021
Whilst the government's proposals are moving in the right direction, further intervention is the need of the hour to aid significant sectoral growth


Tarun Arora
February 2, 2021
With a fiscal deficit of 9.5% of GDP, there was limited scope for any significant tax concessions in Budget 2021


N. Sivaraman
February 2, 2021
While the Budget has revealed a plethora of proposals targeted at supporting the nascent economic rebound, timely implementation of these proposals will be key to sustaining higher growth of the Indian economy in FY2022 and beyond


BusinessToday.In
New Delhi, February 2, 2021
With the fiscal deficit at 9.5 per cent, there was hardly any scope available for  tax concessions or tax reliefs for the common man. However, the good part about the year's budget was there were no new taxes or COVID cess announcements which ensure continuity and stability in the system, said Tarun Arora, Partner, Deloitte India. Watch the video as he weighs in on what works in the budget.


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