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Day: January 28, 2023

How Nifty has fared over last 10 years on Budget day under different finance ministers

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Tesla’s best week since 2013 spurs bets that worst is over

A big hurdle for the stock will come next week when the Federal Reserve is expected to raise rates and will give a sense of the path forward for future hikes. A hawkish tone could derail Tesla’s strong start to the year.

If I were FM: Dr Vikas Gupta highlights 7 suggestions for Budget 2023 to boost growth & digital transformation

To accelerate the growth of railways under the NRP 2030 I am increasing the budget to INR 2 lakh crore. The focus will be on accelerating the Dedicated Freight Corridors and also increasing the pace of the Bullet Train (high speed) and Vande Bharat (semi-high speed) railway projects.

This sector drove in top gear over bears to clock best weekly returns

Not only automobile makers, the equipment makers too, saw robust growth in the third quarter. Sona BLW reported a strong 39% YoY growth in revenue to Rs 685 crore, with battery electric vehicles accounting for 26% of the revenue.

Wall St Week Ahead: Recession fears pose challenge to energy shares after stellar year

Economists and analysts in a Reuters survey forecast U.S. crude would average $84.84 per barrel in 2023, compared to an average price of $94.33 last year, citing expectations of global economic weakness. U.S. crude prices recently stood at around $80 per barrel.

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