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IndiaTV Business: Google News Feed: Digest for January 26, 2023

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Want ad-free Twitter? Elon Musk says pay more

Sunday 22 January 2023 02:32 AM UTC+00
Twitter boss Elon Musk has announced that the company is taking steps to address the issue of frequent and big advertisements on the platform but added that users will have to pay more for that subscription. 
Gujarat: On Thursday, January 19, 31-year-old Vipul Jinjala, a diamond worker, consumed poison and ended his life. He is survived by his wife and two children.
Servotech Power Systems Limited has announced to pay an interim dividend to its shareholder. The Delhi-based small cap company through an exchange filing informed that the board of directors has approved the payment of an interim dividend for financial year 2022-23.
Apollo Micro Systems has announced to split the shares of the company. The board of directors at a meeting held on January 21 approved the sub-division of equity shares of the face value of Rs 10 each. Apollo Micro Systems is an aerospace and defense company.
Asset Management Company Motilal Oswal has bought a stake in steel processing company Hi-Tech Pipes. According to data on the NSE website, the fund house has bought 2.5 per cent stake in the company.
Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget 2023-23 on February 1. The budget will be announced at a time when the world is facing inflation, a global recession, and the ongoing Russia-Ukraine war. The education sector has high hopes for this year's budget as the government has recently introduced new initiatives and policy changes under the National Education Policy (NEP).
In the upcoming Union Budget 2023-2024, Finance Minister Nirmala Sitharaman is expected to push for monetisation of railways assets in order to accumulate more funds for the Indian Railways.
Budget 2023: The Micro, Small and Medium Enterprises (MSME)  do seem to be India's economic growth driver, accounting for approximately 30% of the nation's GDP. They also serve as the leading force next to 48% of export markets, 95% of the nation's industrial plants, and 40% of India's working population employment. This is among the quickest developing and also most evolving sectors of the Indian economy.

Rail Budget 2023: Expectations and Predictions

Tuesday 24 January 2023 07:31 AM UTC+00
Railway Budget 2023: Finance Minister Nirmala Sitharaman will present the Rail Budget on February 1. In its first term, the Modi government linked the Rail Budget with the General Budget in 2016. According to reports , the Centre will increase the Railway Budget by up to 20% this time. The Railway Board had demanded 25-30% more funds in the allocation of the Finance Ministry. The government may give a fund of about Rs 2 trillion to the Ministry of Railways in the Budget.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded.

Want ad-free Twitter? Elon Musk says pay more

Sunday 22 January 2023 02:32 AM UTC+00
Twitter boss Elon Musk has announced that the company is taking steps to address the issue of frequent and big advertisements on the platform but added that users will have to pay more for that subscription. 
Gujarat: On Thursday, January 19, 31-year-old Vipul Jinjala, a diamond worker, consumed poison and ended his life. He is survived by his wife and two children.
Servotech Power Systems Limited has announced to pay an interim dividend to its shareholder. The Delhi-based small cap company through an exchange filing informed that the board of directors has approved the payment of an interim dividend for financial year 2022-23.
Apollo Micro Systems has announced to split the shares of the company. The board of directors at a meeting held on January 21 approved the sub-division of equity shares of the face value of Rs 10 each. Apollo Micro Systems is an aerospace and defense company.
Asset Management Company Motilal Oswal has bought a stake in steel processing company Hi-Tech Pipes. According to data on the NSE website, the fund house has bought 2.5 per cent stake in the company.
Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget 2023-23 on February 1. The budget will be announced at a time when the world is facing inflation, a global recession, and the ongoing Russia-Ukraine war. The education sector has high hopes for this year's budget as the government has recently introduced new initiatives and policy changes under the National Education Policy (NEP).
In the upcoming Union Budget 2023-2024, Finance Minister Nirmala Sitharaman is expected to push for monetisation of railways assets in order to accumulate more funds for the Indian Railways.
Budget 2023: The Micro, Small and Medium Enterprises (MSME)  do seem to be India's economic growth driver, accounting for approximately 30% of the nation's GDP. They also serve as the leading force next to 48% of export markets, 95% of the nation's industrial plants, and 40% of India's working population employment. This is among the quickest developing and also most evolving sectors of the Indian economy.

Rail Budget 2023: Expectations and Predictions

Tuesday 24 January 2023 07:31 AM UTC+00
Railway Budget 2023: Finance Minister Nirmala Sitharaman will present the Rail Budget on February 1. In its first term, the Modi government linked the Rail Budget with the General Budget in 2016. According to reports , the Centre will increase the Railway Budget by up to 20% this time. The Railway Board had demanded 25-30% more funds in the allocation of the Finance Ministry. The government may give a fund of about Rs 2 trillion to the Ministry of Railways in the Budget.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded.
Asset Management Company Motilal Oswal has bought a stake in steel processing company Hi-Tech Pipes. According to data on the NSE website, the fund house has bought 2.5 per cent stake in the company.
Budget 2023: Finance Minister Nirmala Sitharaman will present the Union Budget 2023-23 on February 1. The budget will be announced at a time when the world is facing inflation, a global recession, and the ongoing Russia-Ukraine war. The education sector has high hopes for this year's budget as the government has recently introduced new initiatives and policy changes under the National Education Policy (NEP).
In the upcoming Union Budget 2023-2024, Finance Minister Nirmala Sitharaman is expected to push for monetisation of railways assets in order to accumulate more funds for the Indian Railways.
Budget 2023: The Micro, Small and Medium Enterprises (MSME)  do seem to be India's economic growth driver, accounting for approximately 30% of the nation's GDP. They also serve as the leading force next to 48% of export markets, 95% of the nation's industrial plants, and 40% of India's working population employment. This is among the quickest developing and also most evolving sectors of the Indian economy.

Rail Budget 2023: Expectations and Predictions

Tuesday 24 January 2023 07:31 AM UTC+00
Railway Budget 2023: Finance Minister Nirmala Sitharaman will present the Rail Budget on February 1. In its first term, the Modi government linked the Rail Budget with the General Budget in 2016. According to reports , the Centre will increase the Railway Budget by up to 20% this time. The Railway Board had demanded 25-30% more funds in the allocation of the Finance Ministry. The government may give a fund of about Rs 2 trillion to the Ministry of Railways in the Budget.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer.
In the upcoming Union Budget 2023-2024, Finance Minister Nirmala Sitharaman is expected to push for monetisation of railways assets in order to accumulate more funds for the Indian Railways.
Budget 2023: The Micro, Small and Medium Enterprises (MSME)  do seem to be India's economic growth driver, accounting for approximately 30% of the nation's GDP. They also serve as the leading force next to 48% of export markets, 95% of the nation's industrial plants, and 40% of India's working population employment. This is among the quickest developing and also most evolving sectors of the Indian economy.

Rail Budget 2023: Expectations and Predictions

Tuesday 24 January 2023 07:31 AM UTC+00
Railway Budget 2023: Finance Minister Nirmala Sitharaman will present the Rail Budget on February 1. In its first term, the Modi government linked the Rail Budget with the General Budget in 2016. According to reports , the Centre will increase the Railway Budget by up to 20% this time. The Railway Board had demanded 25-30% more funds in the allocation of the Finance Ministry. The government may give a fund of about Rs 2 trillion to the Ministry of Railways in the Budget.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer.
Defence Budget 2023: The Indian defence manufacturing industry is hoping that the Union Budget 2023–24 will help the industry increase its output. The Union Budget will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Vikas Lifecare Limited has informed exchanges that the board has approved the acquisition of rice milling company Kohinoor Foods. As per the filing, Vikas Lifecare will invest Rs 250 crore.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer. 
Defence Budget 2023: The Indian defence manufacturing industry is hoping that the Union Budget 2023–24 will help the industry increase its output. The Union Budget will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Vikas Lifecare Limited has informed exchanges that the board has approved the acquisition of rice milling company Kohinoor Foods. As per the filing, Vikas Lifecare will invest Rs 250 crore.
Pakistan economic crisis: Pakistan is considering different proposals, including slashing the salaries of government employees by 10 per cent across the board, according to a media report on Wednesday, amidst the looming economic crisis in the cash-strapped country.

Budget 2023: What Fintech companies expect from Modi govt

Wednesday 25 January 2023 12:12 PM UTC+00
Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. Presently, India, which is among the world's fastest growing fintech markets, has roughly 6,600 Fintech start-ups with consumers increasingly becoming financially literate with adoption of technology and are frequently buying financial products through apps and online portals.
RBI Executive Director Ajay Kumar Choudhary on Wednesday the digital currency will further bolster the digital economy, make the payment system more efficient and reduce the cost involved in physical cash management. Also, it will contribute to further financial inclusion, he asserted.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer. 
Defence Budget 2023: The Indian defence manufacturing industry is hoping that the Union Budget 2023–24 will help the industry increase its output. The Union Budget will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Vikas Lifecare Limited has informed exchanges that the board has approved the acquisition of rice milling company Kohinoor Foods. As per the filing, Vikas Lifecare will invest Rs 250 crore.
Pakistan economic crisis: Pakistan is considering different proposals, including slashing the salaries of government employees by 10 per cent across the board, according to a media report on Wednesday, amidst the looming economic crisis in the cash-strapped country.

Budget 2023: What Fintech companies expect from Modi govt

Wednesday 25 January 2023 12:12 PM UTC+00
Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. Presently, India, which is among the world's fastest growing fintech markets, has roughly 6,600 Fintech start-ups with consumers increasingly becoming financially literate with adoption of technology and are frequently buying financial products through apps and online portals.
RBI Executive Director Ajay Kumar Choudhary on Wednesday the digital currency will further bolster the digital economy, make the payment system more efficient and reduce the cost involved in physical cash management. Also, it will contribute to further financial inclusion, he asserted.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer. 
Defence Budget 2023: The Indian defence manufacturing industry is hoping that the Union Budget 2023–24 will help the industry increase its output. The Union Budget will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Vikas Lifecare Limited has informed exchanges that the board has approved the acquisition of rice milling company Kohinoor Foods. As per the filing, Vikas Lifecare will invest Rs 250 crore.
Pakistan economic crisis: Pakistan is considering different proposals, including slashing the salaries of government employees by 10 per cent across the board, according to a media report on Wednesday, amidst the looming economic crisis in the cash-strapped country.

Budget 2023: What Fintech companies expect from Modi govt

Wednesday 25 January 2023 12:12 PM UTC+00
Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. Presently, India, which is among the world's fastest growing fintech markets, has roughly 6,600 Fintech start-ups with consumers increasingly becoming financially literate with adoption of technology and are frequently buying financial products through apps and online portals.
RBI Executive Director Ajay Kumar Choudhary on Wednesday the digital currency will further bolster the digital economy, make the payment system more efficient and reduce the cost involved in physical cash management. Also, it will contribute to further financial inclusion, he asserted.
Union Budget 2023: The government should provide tax sops in the upcoming budget on expenditures incurred for research and development (R&D), CropLife India, an industry body of 16 agro-chemcial companies, demanded. Retain a uniform basic customs duty of 10 per cent for both technical raw materials and for formulations, urged CropLife India.
Budget 2023: Agriculture is a vital sector for India's economy, as it employs a large portion of the population and is a major source of food security. In Budget 2023, the government needs to invest more resources to improve farmers' livelihoods. In recent years, the government has launched several schemes to support livelihoods of farmers and in turn the whole agriculture sector.
Star Housing Finance Limited has reported robust Q3FY23 numbers post bonus and split. The company's net profit jumped 666 per cent to Rs 2.30 crore in the quarter ended December 2022 as against Rs 0.30 crore during the same quarter last fiscal.
As the adoption of electric vehicles (EVs) in India continues to grow, there is an increasing need for a significant push in the development of charging infrastructure. According to a report by Counterpoint, the country is expected to receive around 10,000 public charging stations by 2025.
Budget 2023: Finance Minister Nirmala Sitharaman will be  presenting the Union Budget 2023 on February 1. Industry leaders from different sectors are waiting anxiously for Sitharaman's budget speech to see what she has to offer. 
Defence Budget 2023: The Indian defence manufacturing industry is hoping that the Union Budget 2023–24 will help the industry increase its output. The Union Budget will be presented on February 1 by Finance Minister Nirmala Sitharaman.
Vikas Lifecare Limited has informed exchanges that the board has approved the acquisition of rice milling company Kohinoor Foods. As per the filing, Vikas Lifecare will invest Rs 250 crore.
Pakistan economic crisis: Pakistan is considering different proposals, including slashing the salaries of government employees by 10 per cent across the board, according to a media report on Wednesday, amidst the looming economic crisis in the cash-strapped country.

Budget 2023: What Fintech companies expect from Modi govt

Wednesday 25 January 2023 12:12 PM UTC+00
Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. Presently, India, which is among the world's fastest growing fintech markets, has roughly 6,600 Fintech start-ups with consumers increasingly becoming financially literate with adoption of technology and are frequently buying financial products through apps and online portals.
RBI Executive Director Ajay Kumar Choudhary on Wednesday the digital currency will further bolster the digital economy, make the payment system more efficient and reduce the cost involved in physical cash management. Also, it will contribute to further financial inclusion, he asserted.
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