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IndiaTV Business: Google News Feed: Digest for February 01, 2023

IndiaTV Business: Google News Feed

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Steel pipes maker Hi-Tech Pipes has announced that the board has approved the sub-division/split of existing equity shares. The current face value of each share of the company is Rs 10. According to an exchange filing, the shares will be subdivided in the ratio of 10:1. It means that one share will be subdivided into 10 shares.
Budget 2023: Ahead of the Union Budget, Prime Minister Narendra Modi on Sunday chaired a meeting of the Union Council of Ministers in New Delhi. The Union Budget, which will be presented in Parliament on February 1, will be the last full-fledged budget of the Modi government before the 2024 general elections.
Adani Hindenburg news: Richest Indian Gautam Adani's group on Sunday (January 29) likened the damning allegations made by short seller Hindenburg Research to a calculated attack on India, its institutions and growth story, saying the allegations are nothing but a lie.
Union Budget 2023: Ahead of the Union Budget for the fiscal year 2023-24, citizens across a wide segment of society have voiced their expectations. The Union Budget, also comprising the Railway Budget, will be presented by the Finance Minister on Wednesday, February 1. Union Finance Minister Nirmala Sitharaman will present the budget in a paperless format this year too.

Dollar edged up from eight-month lows and gold remains stable

Monday 30 January 2023 07:09 AM UTC+00
Gold futures opened at Rs.56875.00 per 10 grams, on the Multi Commodity Exchange (MCX). This is a -0.15% change from yesterday's opening.
Every financial year, retail investors look for newer options for tax savings. From investing in PPF to ELSS mutual fund schemes, the National Pension Scheme (NPS), tax-saving fixed deposits (FDs), to name a few, there are multiple tax-saving options. However, there is one significant tax-saving instrument that consumers often overlook, and that is guaranteed return savings plans.
The healthcare sector is expecting some big announcements from Finance Minister Nirmala Sitharaman in Budget 2023.  The healthcare sector has been a major focus of the government in recent years, with increasing allocations in the previous budgets. The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year. Budget 2023 is expected to provide a roadmap for the government's plans to improve the overall healthcare system in India. 
Adani Enterprises, the flagship company of the Adani Group, has had a lackluster start to its Rs 20,000 crore ($2.5 billion) follow-on public offer (FPO), with only a 1% subscription on the first day of the share sale. The offer, which runs until January 31, 2023, is priced between Rs 3,112 and Rs 3,276.
The Consumer Affairs Ministry on Monday issued a directive in which it asked companies to mention all mandatory declarations including MRP, on the outer pack. Retail commodity packages containing more than one pack, including gift and multi-piece packs, are required to mention on the outer pack, it read.
Parliament Budget Session 2023: The Budget session of Parliament is set to commence today (January 31) with opposition parties geared up to target the government on a range of issues, while the Centre asserted it was willing to discuss every matter allowed by rules. The session will begin with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities. The Economic Survey will be also tabled on Tuesday after the President's address. The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Parliament will reconvene on March 12 for the second part of the session and continue till April 6. The government plans to bring around 36 bills - including four related to the budgetary exercise - during the session.
Budget 2023: Ahead of the Union Budget, Prime Minister Narendra Modi on Sunday chaired a meeting of the Union Council of Ministers in New Delhi. The Union Budget, which will be presented in Parliament on February 1, will be the last full-fledged budget of the Modi government before the 2024 general elections.
Adani Hindenburg news: Richest Indian Gautam Adani's group on Sunday (January 29) likened the damning allegations made by short seller Hindenburg Research to a calculated attack on India, its institutions and growth story, saying the allegations are nothing but a lie.
Union Budget 2023: Ahead of the Union Budget for the fiscal year 2023-24, citizens across a wide segment of society have voiced their expectations. The Union Budget, also comprising the Railway Budget, will be presented by the Finance Minister on Wednesday, February 1. Union Finance Minister Nirmala Sitharaman will present the budget in a paperless format this year too.
Every financial year, retail investors look for newer options for tax savings. From investing in PPF to ELSS mutual fund schemes, the National Pension Scheme (NPS), tax-saving fixed deposits (FDs), to name a few, there are multiple tax-saving options. However, there is one significant tax-saving instrument that consumers often overlook, and that is guaranteed return savings plans.
The healthcare sector is expecting some big announcements from Finance Minister Nirmala Sitharaman in Budget 2023.  The healthcare sector has been a major focus of the government in recent years, with increasing allocations in the previous budgets. The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year. Budget 2023 is expected to provide a roadmap for the government's plans to improve the overall healthcare system in India. 
Adani Enterprises, the flagship company of the Adani Group, has had a lackluster start to its Rs 20,000 crore ($2.5 billion) follow-on public offer (FPO), with only a 1% subscription on the first day of the share sale. The offer, which runs until January 31, 2023, is priced between Rs 3,112 and Rs 3,276.
The Consumer Affairs Ministry on Monday issued a directive in which it asked companies to mention all mandatory declarations including MRP, on the outer pack. Retail commodity packages containing more than one pack, including gift and multi-piece packs, are required to mention on the outer pack, it read.
Parliament Budget Session 2023: The Budget session of Parliament is set to commence today (January 31) with opposition parties geared up to target the government on a range of issues, while the Centre asserted it was willing to discuss every matter allowed by rules. The session will begin with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities. The Economic Survey will be also tabled today (Tuesday) after the President's address. The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Later, the Parliament will reconvene on March 12 for the second part of the session and continue till April 6. Meanwhile, the government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
IMF on Indian economy: The International Monetary Fund (IMF), on Tuesday, predicted some slowdown in the  Indian economy next fiscal year, projecting the growth to 6.1% from the current 6.8%. On Tuesday, the IMF released its World Economic Outlook report for the month of January.

Gold remains stable, focus on Fed's rate hike decision results

Tuesday 31 January 2023 04:06 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56,999.00 per 10 grams, a decrease of  0.08%  from the previous day's opening price of Rs. 57,005.00. Silver futures, on the other hand, opened at Rs.68,520.00 per kilogram, an decrease of 0.10%   from the previous day's opening price.
Every financial year, retail investors look for newer options for tax savings. From investing in PPF to ELSS mutual fund schemes, the National Pension Scheme (NPS), tax-saving fixed deposits (FDs), to name a few, there are multiple tax-saving options. However, there is one significant tax-saving instrument that consumers often overlook, and that is guaranteed return savings plans.
The healthcare sector is expecting some big announcements from Finance Minister Nirmala Sitharaman in Budget 2023.  The healthcare sector has been a major focus of the government in recent years, with increasing allocations in the previous budgets. The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year. Budget 2023 is expected to provide a roadmap for the government's plans to improve the overall healthcare system in India. 
Adani Enterprises, the flagship company of the Adani Group, has had a lackluster start to its Rs 20,000 crore ($2.5 billion) follow-on public offer (FPO), with only a 1% subscription on the first day of the share sale. The offer, which runs until January 31, 2023, is priced between Rs 3,112 and Rs 3,276.
The Consumer Affairs Ministry on Monday issued a directive in which it asked companies to mention all mandatory declarations including MRP, on the outer pack. Retail commodity packages containing more than one pack, including gift and multi-piece packs, are required to mention on the outer pack, it read.
Parliament Budget Session 2023: The Budget session of Parliament is set to commence today (January 31) with opposition parties geared up to target the government on a range of issues, while the Centre asserted it was willing to discuss every matter allowed by rules. The session will begin with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities. The Economic Survey will be also tabled today (Tuesday) after the President's address. The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Later, the Parliament will reconvene on March 12 for the second part of the session and continue till April 6. Meanwhile, the government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
IMF on Indian economy: The International Monetary Fund (IMF), on Tuesday, predicted some slowdown in the  Indian economy next fiscal year, projecting the growth to 6.1% from the current 6.8%. On Tuesday, the IMF released its World Economic Outlook report for the month of January.

Gold remains stable, focus on Fed's rate hike decision results

Tuesday 31 January 2023 04:06 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56,999.00 per 10 grams, a decrease of  0.08%  from the previous day's opening price of Rs. 57,005.00. Silver futures, on the other hand, opened at Rs.68,520.00 per kilogram, an decrease of 0.10%   from the previous day's opening price.
In her maiden address to the joint sitting of both Houses of Parliament, President Droupadi Murmu applauded the Centre's efforts to make India 'self-reliant'. She spoke on various initiatives undertaken by the Narendra Modi-led BJP government in the Centre.
Crypto News: As of January 30, 2023, the price of Bitcoin, the largest cryptocurrency by market capitalization, is currently trading at around $23,402.75with a decline of 1.40%. Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,604.10 having a decrease of 1.59%.
Leading Engineering and Technology Solutions partner Mold-Tek Technologies has reported a net profit of Rs 9.20 crore in Q3FY23, an increase of massive 452 per cent on YoY basis. The net profit in Q3FY22 stood at Rs 1.66 crore. In the preceding quarter, the small cap company had reported a net profit of Rs 6.85 crore.
The healthcare sector is expecting some big announcements from Finance Minister Nirmala Sitharaman in Budget 2023.  The healthcare sector has been a major focus of the government in recent years, with increasing allocations in the previous budgets. The allocation for the Ministry of Health and Family Welfare in the Union Budget 2022-23 was around Rs 86,200 crore, a 16.5% increase compared to the previous year. Budget 2023 is expected to provide a roadmap for the government's plans to improve the overall healthcare system in India. 
The Consumer Affairs Ministry on Monday issued a directive in which it asked companies to mention all mandatory declarations including MRP, on the outer pack. Retail commodity packages containing more than one pack, including gift and multi-piece packs, are required to mention on the outer pack, it read.
Parliament Budget Session 2023: The Budget session of Parliament commenced today (January 31) as opposition parties geared up to target the government on a range of issues, while the Centre asserted it was willing to discuss every matter allowed by rules. The session began with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlighted the government's achievements and policy priorities. The Economic Survey was also tabled today (Tuesday) after the President's address. The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Later, the Parliament will reconvene on March 12 for the second part of the session and continue till April 6. Meanwhile, the government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
IMF on Indian economy: The International Monetary Fund (IMF), on Tuesday, predicted some slowdown in the  Indian economy next fiscal year, projecting the growth to 6.1% from the current 6.8%. On Tuesday, the IMF released its World Economic Outlook report for the month of January.

Gold remains stable, focus on Fed's rate hike decision results

Tuesday 31 January 2023 04:06 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56,999.00 per 10 grams, a decrease of  0.08%  from the previous day's opening price of Rs. 57,005.00. Silver futures, on the other hand, opened at Rs.68,520.00 per kilogram, an decrease of 0.10%   from the previous day's opening price.
In her maiden address to the joint sitting of both Houses of Parliament, President Droupadi Murmu applauded the Centre's efforts to make India 'self-reliant'. She spoke on various initiatives undertaken by the Narendra Modi-led BJP government in the Centre.
Crypto News: As of January 30, 2023, the price of Bitcoin, the largest cryptocurrency by market capitalization, is currently trading at around $23,402.75with a decline of 1.40%. Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,604.10 having a decrease of 1.59%.
Leading Engineering and Technology Solutions partner Mold-Tek Technologies has reported a net profit of Rs 9.20 crore in Q3FY23, an increase of massive 452 per cent on YoY basis. The net profit in Q3FY22 stood at Rs 1.66 crore. In the preceding quarter, the small cap company had reported a net profit of Rs 6.85 crore.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Parliament Budget Session 2023: The Budget session of Parliament commenced today (January 31) as opposition parties geared up to target the government on a range of issues, while the Centre asserted it was willing to discuss every matter allowed by rules. The session began with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlighted the government's achievements and policy priorities. The Economic Survey was also tabled today (Tuesday) after the President's address. The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Later, the Parliament will reconvene on March 12 for the second part of the session and continue till April 6. Meanwhile, the government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
IMF on Indian economy: The International Monetary Fund (IMF), on Tuesday, predicted some slowdown in the  Indian economy next fiscal year, projecting the growth to 6.1% from the current 6.8%. On Tuesday, the IMF released its World Economic Outlook report for the month of January.

Gold remains stable, focus on Fed's rate hike decision results

Tuesday 31 January 2023 04:06 AM UTC+00
On the Multi Commodity Exchange (MCX), gold futures opened at Rs. 56,999.00 per 10 grams, a decrease of  0.08%  from the previous day's opening price of Rs. 57,005.00. Silver futures, on the other hand, opened at Rs.68,520.00 per kilogram, an decrease of 0.10%   from the previous day's opening price.
In her maiden address to the joint sitting of both Houses of Parliament, President Droupadi Murmu applauded the Centre's efforts to make India 'self-reliant'. She spoke on various initiatives undertaken by the Narendra Modi-led BJP government in the Centre.
Crypto News: As of January 30, 2023, the price of Bitcoin, the largest cryptocurrency by market capitalization, is currently trading at around $23,402.75with a decline of 1.40%. Ethereum, the second largest cryptocurrency by market capitalization, is currently trading at around $1,604.10 having a decrease of 1.59%.
Leading Engineering and Technology Solutions partner Mold-Tek Technologies has reported a net profit of Rs 9.20 crore in Q3FY23, an increase of massive 452 per cent on YoY basis. The net profit in Q3FY22 stood at Rs 1.66 crore. In the preceding quarter, the small cap company had reported a net profit of Rs 6.85 crore.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years.
Budget 2023: As the Indian real estate market emerges from the shadow of a global epidemic, it has high expectations for Budget 2023. Despite the fact that demand for real estate in India has increased in recent months, the real estate and construction industries are hoping for some specific relief. Even though the Coronavirus pandemic reduced site visits and home demand across the country, the months that followed inspired confidence with a resurgence in housing demand. The demand for residential housing in India's top eight cities increased by more than 15% year on year.
In her maiden address to the joint sitting of both Houses of Parliament, President Droupadi Murmu applauded the Centre's efforts to make India 'self-reliant'. She spoke on various initiatives undertaken by the Narendra Modi-led BJP government in the Centre.
Leading Engineering and Technology Solutions partner Mold-Tek Technologies has reported a net profit of Rs 9.20 crore in Q3FY23, an increase of massive 452 per cent on YoY basis. The net profit in Q3FY22 stood at Rs 1.66 crore. In the preceding quarter, the small cap company had reported a net profit of Rs 6.85 crore.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years.
Budget 2023: As the Indian real estate market emerges from the shadow of a global epidemic, it has high expectations for Budget 2023. Despite the fact that demand for real estate in India has increased in recent months, the real estate and construction industries are hoping for some specific relief. Even though the Coronavirus pandemic reduced site visits and home demand across the country, the months that followed inspired confidence with a resurgence in housing demand. The demand for residential housing in India's top eight cities increased by more than 15% year on year.
Budget 2023: Agriculture has remained an intrinsic part of India's economy for years, and the fast-gowing agritech sector is an extension of the agrarian revolution that the country pulled off in the past. The government pegs the number of agritech startups in India at over 2,000, which is a significant increase from 80-100 about 8 years ago. As the global agritech market inches closer to achieve a CAGR of 12% by 2027, India is certainly going to be a major contributor to this growth.
Adani Group FPO: According to stock exchange data, the Rs 20,000 crore share sale of Adani group's flagship firm- Adani Enterprises, was fully subscribed on Tuesday after non-retail investors bid in big volumes. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
The Economic Survey for 2023-24 was tabled in Parliament on Tuesday, a  day before Finance Minister Nirmala Sitharaman would present the Union Budget before the Parliament. The Economic Survey is an annual economic report card that is given a day before the budget and assesses the performance of each sector and suggests the future steps to be taken.
The combined Index of Eight Core Industries (ICI) increased by 7.4 per cent (provisional) in December 2022 as compared to the Index of December 2021, according to government data released on Tuesday.
Leading Engineering and Technology Solutions partner Mold-Tek Technologies has reported a net profit of Rs 9.20 crore in Q3FY23, an increase of massive 452 per cent on YoY basis. The net profit in Q3FY22 stood at Rs 1.66 crore. In the preceding quarter, the small cap company had reported a net profit of Rs 6.85 crore.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years.
Budget 2023: As the Indian real estate market emerges from the shadow of a global epidemic, it has high expectations for Budget 2023. Despite the fact that demand for real estate in India has increased in recent months, the real estate and construction industries are hoping for some specific relief. Even though the Coronavirus pandemic reduced site visits and home demand across the country, the months that followed inspired confidence with a resurgence in housing demand. The demand for residential housing in India's top eight cities increased by more than 15% year on year.
Budget 2023: Agriculture has remained an intrinsic part of India's economy for years, and the fast-gowing agritech sector is an extension of the agrarian revolution that the country pulled off in the past. The government pegs the number of agritech startups in India at over 2,000, which is a significant increase from 80-100 about 8 years ago. As the global agritech market inches closer to achieve a CAGR of 12% by 2027, India is certainly going to be a major contributor to this growth.
Adani Group FPO: According to stock exchange data, the Rs 20,000 crore share sale of Adani group's flagship firm- Adani Enterprises, was fully subscribed on Tuesday after non-retail investors bid in big volumes. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
The Economic Survey for 2023-24 was tabled in Parliament on Tuesday, a  day before Finance Minister Nirmala Sitharaman would present the Union Budget before the Parliament. The Economic Survey is an annual economic report card that is given a day before the budget and assesses the performance of each sector and suggests the future steps to be taken.
The combined Index of Eight Core Industries (ICI) increased by 7.4 per cent (provisional) in December 2022 as compared to the Index of December 2021, according to government data released on Tuesday.
Union Budget 2023: The stage is set for Union budget 2023-24 as Finance Minister Nirmala Sitharaman will present her fifth budget in the Parliament on Wednesday (February 1). All eyes would be on the Sitharaman who will deliver the budget speech in which she will reveal who will get what from the Union budget. The budget is very crucial for the Modi government as it is the last full-fledged budget before the next General Elections scheduled to be held in 2024.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years.
Budget 2023: As the Indian real estate market emerges from the shadow of a global epidemic, it has high expectations for Budget 2023. Despite the fact that demand for real estate in India has increased in recent months, the real estate and construction industries are hoping for some specific relief. Even though the Coronavirus pandemic reduced site visits and home demand across the country, the months that followed inspired confidence with a resurgence in housing demand. The demand for residential housing in India's top eight cities increased by more than 15% year on year.
Budget 2023: Agriculture has remained an intrinsic part of India's economy for years, and the fast-gowing agritech sector is an extension of the agrarian revolution that the country pulled off in the past. The government pegs the number of agritech startups in India at over 2,000, which is a significant increase from 80-100 about 8 years ago. As the global agritech market inches closer to achieve a CAGR of 12% by 2027, India is certainly going to be a major contributor to this growth.
Adani Group FPO: According to stock exchange data, the Rs 20,000 crore share sale of Adani group's flagship firm- Adani Enterprises, was fully subscribed on Tuesday after non-retail investors bid in big volumes. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
The Economic Survey for 2023-24 was tabled in Parliament on Tuesday, a  day before Finance Minister Nirmala Sitharaman would present the Union Budget before the Parliament. The Economic Survey is an annual economic report card that is given a day before the budget and assesses the performance of each sector and suggests the future steps to be taken.
The combined Index of Eight Core Industries (ICI) increased by 7.4 per cent (provisional) in December 2022 as compared to the Index of December 2021, according to government data released on Tuesday.
Union Budget 2023: The stage is set for Union budget 2023-24 as Finance Minister Nirmala Sitharaman will present her fifth budget in the Parliament on Wednesday (February 1). All eyes would be on the Sitharaman who will deliver the budget speech in which she will reveal who will get what from the Union budget. The budget is very crucial for the Modi government as it is the last full-fledged budget before the next General Elections scheduled to be held in 2024.
Union Budget 2023: Finance Minister Nirmala Sitharaman is geared up for presenting her fifth budget in the Parliament on Wednesday (February 1). All eyes are on her budget speech in which she will reveal who will get what from the Union budget. Politically, it is very crucial for the Modi government as it is the last full-fledged budget before the General Elections slated to be held in 2024.

This Penny stock announces rights issue, to raise Rs 100 crore

Tuesday 31 January 2023 07:09 AM UTC+00
High-end specialty chemicals provider Vikas Ecotech has announced the issuance of a rights issue. The company through an exchange filing said that its board at a meeting held on January 30 considered and approved a rights issue worth not exceeding Rs 50 crore.
Economic Survey: On the first day of the Budget Session, Union Finance Minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament. The Economic Survey pegged the country's GDP growth at 6-6.8% in the financial year 2023-24. 
Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years.
Budget 2023: As the Indian real estate market emerges from the shadow of a global epidemic, it has high expectations for Budget 2023. Despite the fact that demand for real estate in India has increased in recent months, the real estate and construction industries are hoping for some specific relief. Even though the Coronavirus pandemic reduced site visits and home demand across the country, the months that followed inspired confidence with a resurgence in housing demand. The demand for residential housing in India's top eight cities increased by more than 15% year on year.
Budget 2023: Agriculture has remained an intrinsic part of India's economy for years, and the fast-gowing agritech sector is an extension of the agrarian revolution that the country pulled off in the past. The government pegs the number of agritech startups in India at over 2,000, which is a significant increase from 80-100 about 8 years ago. As the global agritech market inches closer to achieve a CAGR of 12% by 2027, India is certainly going to be a major contributor to this growth.
Adani Group FPO: According to stock exchange data, the Rs 20,000 crore share sale of Adani group's flagship firm- Adani Enterprises, was fully subscribed on Tuesday after non-retail investors bid in big volumes. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
The Economic Survey for 2023-24 was tabled in Parliament on Tuesday, a  day before Finance Minister Nirmala Sitharaman would present the Union Budget before the Parliament. The Economic Survey is an annual economic report card that is given a day before the budget and assesses the performance of each sector and suggests the future steps to be taken.
The combined Index of Eight Core Industries (ICI) increased by 7.4 per cent (provisional) in December 2022 as compared to the Index of December 2021, according to government data released on Tuesday.
Union Budget 2023: The stage is set for Union budget 2023-24 as Finance Minister Nirmala Sitharaman will present her fifth budget in the Parliament on Wednesday (February 1). All eyes would be on the Sitharaman who will deliver the budget speech in which she will reveal who will get what from the Union budget. The budget is very crucial for the Modi government as it is the last full-fledged budget before the next General Elections scheduled to be held in 2024.
Union Budget 2023: Finance Minister Nirmala Sitharaman is geared up for presenting her fifth budget in the Parliament on Wednesday (February 1). All eyes are on her budget speech in which she will reveal who will get what from the Union budget. Politically, it is very crucial for the Modi government as it is the last full-fledged budget before the General Elections slated to be held in 2024.
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