Union Budget 2023 is just over a week away, and since this is the last full-year Budget before General Elections in 2024, it is expected to be a growth-oriented one with a primary focus on job creation, investment-driven growth, and infrastructure development. According to analysts at IIFL Securities, Finance Minister Sitharaman may announce more subsidies […]
The Securities and Exchange Board of India on Wednesday allowed the stock exchanges to extend the direct market access (DMA) facility to FPIs for participation in exchange traded commodity derivatives (ETCDs), subject to conditions. The regulator made the decision after receiving inputs from its commodity derivatives advisory committee. The new provision would come into force […]
Toyota Motor Corp. is prepared to help subsidiary Daihatsu Motor Co. pay for damages incurred by the fallout of aninvestigationthat revealed most of its vehicles weren’t properly tested for collision safety. Daihatsu is halting shipments and suspending operations through January, following revelations that the carmaker manipulated the results of tests dating as far back as […]
Finance Minister Nirmala Sitharaman will table her fifth Union Budget in Parliament on 1 February 2023. Markets have turned volatile in the last one week in the run-up to the Union Budget; this is keeping in trend with the one month performance of stock market prior to the Budget in the last five years. Benchmark […]