The Indian stock market experienced a downturn as both Sensex and Nifty faced selling pressure in IT stocks and witnessed continuous foreign fund outflows. The benchmark BSE Sensex concluded at 70,700.67, marking a 0.51% decline with a substantial earlier drop of 741.27 points to 70,319.04.
The 30-share BSE Sensex fell 227.72 points to 70,832.59 in early trade. Meanwhile, the Nifty declined 55.7 points to 21,398.25.
Stakeholders anticipate supportive policies, infrastructure development, accessible financing, and tax relief. Recognising the pivotal role of technology, MSMEs seek funds for technological advancements and infrastructure.
As part of the ceremony, the Union Finance Minister also took a round of the Budget Press and reviewed the preparations besides extending her best wishes to the officials concerned.
Banks will be closed for four days in Uttar Pradesh starting January 25 for Hazrat Ali's birthday.
The Apparel Export Promotion Council has asked for tax concessions for apparel manufacturers adopting international quality standards and complying with environmental, social, and corporate governance.
The government presents an interim budget in an election year to outline expenditures and revenues until a new government is formed.
The indices recovered from the market decline on Tuesday, where the BSE index had fallen over 1000 points.
A preliminary notice from the Federal Aviation Administration filed on Monday indicated that none of the 184 passengers or six crew members onboard were injured.
Corporate bond issuances are expected to reach Rs 9.6-9.9 lakh crore in FY24, surpassing the record level of Rs 8.7 lakh crore in FY23, according to the report.
There are several schemes, investment options, and incentives by the central and state governments for securing the financial future of the country's daughters.
To enter the top five smartphone brands, the company said it needs to focus on product excellence, brand enhancement, and technological advancement on a global scale.
Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds.
In the early trade, the 30-share BSE Sensex fell 316.75 points to 70,053.80 in early trade. Meanwhile, the Nifty declined 51.15 points to 21,187.65.
Direct Tax to GDP ratio seen an upward trajectory, ascending from 5.62% in F.Y. 2013-14 to 6.11% in F.Y. 2022-23, showcasing enhanced fiscal contribution.
Union Finance Minister Nirmala Sitharaman will be presenting her sixth budget on February 1, 2024.
Industries in automotive, consumers and retail, technology, media, telecommunication, energy, resources, and industrials expect high growth.
The total income of the bank rose to Rs 33,516 crore in Q3 FY24, compared to Rs 26,798 crore in the year-ago period.
There is a disparity in employers' contributions to building the corpus for employees currently, with contributions up to 10 per cent of basic salary and dearness allowances being exempt from tax for NPS contributions.
Sun Pharma, Bharti Airtel, and Power Grid were the major gainers on the Sensex, while HDFC Bank, Asian Paints, and HUL were among the laggards.
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