Budget 2023 has more or less maintained the ratio of size of the budget to GDP to around 15 per cent.
Posts in category Business Standard
ITC hits life-time high, bounces back 11% from day’s low on heavy volumes (01-02-2023)
Shares of ITC were up nearly 4 per cent at Rs 365.65, surpassing its previous high of Rs 362, touched on November 11, 2022, on the BSE in intra-day trade on Wednesday.
L&T, Siemens surge up to 5% as govt proposes 33% jump in capex outlay (01-02-2023)
Timken India, Praj Industries, AIA Engineering and ABB were among other individual stocks from the S&P BSE Capital Goods index, up 4 – 5 per cent each.
Indian Hotels soars 7% on heavy volumes backed by strong Q3 show (01-02-2023)
The demand outlook for the sector in 2023 remains robust on the back of sporting events such as world cup hockey and cricket and global events like the ongoing G20.
Markets ‘overpricing’ banks’ risk from Adani exposure: Societe Generale (01-02-2023)
India’s banking sector has been one of the hardest hit by the collateral damage from the sharp correction in the Adani group stocks over the past week post the Hindenburg report: SocGen
Adani group shares extend fall; Adani Total Gas tanks 51% in five days (01-02-2023)
Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.
Apar Industries zooms 42% in two days, hits record high on robust earnings (01-02-2023)
The management said the company witnessed volume growth across all the three divisions and the net profit tripled on a YoY basis.
Oil prices rise as US recession fears over rate hikes ease, dollar weakens (01-02-2023)
Tamer rate hike expectations helped lower the dollar index, which supported oil prices as a weaker greenback makes the commodity cheaper for buyers holding other currencies
Gold, silver prices fall in early trade; yellow metal selling at Rs 57,270 (01-02-2023)
Silver prices fell Rs 100 from yesterday’s close to Rs 72,300 per kg
MARKET LIVE: How will Union Budget 2023 affect your investment portfolio? (01-02-2023)
India Budget 2023: This year’s Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024