Smart Talk: Market may be disappointed if capex is not increased this Budget, says Amit Gupta

“Affordable housing, electricity, Nal se Jal, and higher manufacturing would remain the prime focus for the government. Infra spending will get a further push. Capital expenditure can be increased from 2.9% of GDP to 3.5% of GDP.”

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As