Market cap of BSE-listed firms climbed to Rs 267.40 lakh crore today against Rs 264.48 lakh crore in the previous session. This implies a rise of Rs 2.92 lakh crore in investor wealth.
The benchmark indices ended higher today as market participants reacted positively to the announcements made by Finance Minister Nirmala Sitharaman in Union Budget 2022.
Over 5,000 recognised start-ups were added in Delhi while 4,514 start-ups were added in Bengaluru between April 2019 to December 2021.
A survey conducted by Grant Thorton highlighted that 84 per cent of respondents expect direct exemptions and incentives for electric vehicles. On the other hand, 74 per cent of respondents said they seek financial support for start-ups, while 75 per cent want improved automotive research or development base.
They demand increasing the Rs 2 lakh cap on home loan interest up to Rs 5 lakh and raising affordable home price cap to Rs 1 crore.
Along with seeking regulatory clarity, crypto exchanges want the government to allay any misconceptions around crypto and incentivize research in the field.
State Bank of India (SBI) economists have urged the Centre to not focus much on fiscal consolidation in the upcoming Budget 2022-23 as there is a need for more stabilization measures.
Ahead of the Union Budget 2022, experts are bullish on some sectors and stocks which are expected to outperform going forward.
Budgets over the past decade has seen a below average track record on fiscal consolidation. Will this year buck the trend?
A total of 163 responses from senior professionals were collated for the survey which was conducted across 10 industries.
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