Page 8 - Budget 2022

Markets will keenly watch the execution of capex plans: Abhiram Eleswarapu

Abhiram Eleswarapu, head of India equities at BNP Paribas, tells Puneet Wadhwa in an interview that he expects real rates to remain negative for most of 2022

Infra funds could gain from large budgetary allocation, say analysts

On the private-sector side, capacity utilisation has risen across several industries

Smart Budget Feb 2022: Market responds with a 2.5% surge over two sessions

A 500-company sample of Q3 results, including many of the private sector majors, shows signs of inflation impacts

Budget 2022: Financials to gain from capex push, digital rupee, say experts

Banks and NBFCs stand to gain from the Union Budget as a new growth cycle on the back of the massive capex plan has the potential to crowd-in private investment, say analysts

Budget 2022: SEZ 2.0 to revive activities, says Commerce secy Subhramanyam

Subramanyam also said that the Union Cabinet has already approved the interest equalisation and the modified version of the scheme will be soon notified

Union Budget 2022: Approval on FDI policy tweak to facilitate LIC IPO

The industry department will soon seek the approval of the Union cabinet regarding the same

We have been studying crypto sector for the past five years: JB Mohapatra

We now have sufficient working knowledge as to how the sector works, and in what manner surplus is being generated, says Mohapatra

We will ensure borrowing programme in FY23 is smooth: DEA secy Ajay Seth

In a Q&A, he asserts nothing, including a ban on crypto currency, is off the table since the concerns of the financial market are for real

Budget opted for lasting benefits, not temporary relief: TV Somanathan

I still hold the view that except for the poor, what is restraining consumption is activity restriction, which is not financial in its origin, says finance secretary

Budget 2022: Weak demand-led rural stress to continue for FMCG firms

The MNREGA allocation did not come on expected lines but companies expect it to get revised during the year

Fiscal constraints

India needs to boost tax-to-GDP ratio

Union Budget 2022-23: Green bond push likely to bring in investors

Green bonds are regular bonds but their proceeds are used for financing environmentally-sustainable projects.

Covid-19 vax: Low allocation in FY23, Centre has unutilised funds from FY22

Depending on utilisation of budgetary estimates, allocation can be hiked, say officials

Union Budget 2022-23: Telecom firms spar over 5G auction quantum

Airtel wants only interference-free spectrum to be put up for auction

ICSI, ICAI applaud Union Budget 2022; say it is forward-looking

ICSI applauded the Union Budget 2022 and said its focus on productivity, climate action, financing investment and the PM Gati Shakti plan is aimed at promoting growth

Union Budget 2022-23: Crypto investors look to pare their holdings

Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility

LIVE: Rahul says judiciary, EC instruments of destroying voice of states

'Not only as India's Law Minister but also as an ordinary citizen, I condemn what Rahul Gandhi has said about India's judiciary and EC. Rahul Gandhi should immediately apologise,' tweets Kiren Rijiju

Budget 2022: RSS-linked body SJM offers some praise, flags some concerns

Lauds 30% crypto tax, push for domestic investment; laments little emphasis on middle class, small-scale industry

Higher public investment to stimulate demand, generate jobs: DEA Secretary

The Budget proposals seek to stimulate the economy by stepping up public investments, which will create demand for industrial inputs and generate jobs, Economic Affairs Secretary Ajay Seth said.

Budget lays foundation for growth in next 25 years, says Niti Aayog VC

Niti Aayog Vice-Chairman Rajiv Kumar on Wednesday said the government is taking all possible measures to ignite private investments, which will be the best bet to pull the economy out of the shadows