With an effective provision of capital outlay of Rs 13.7 lakh crore, various brokerages believe that Budget 2023 will make a positive impact on the domestic automobile industry. Also in the Budget, customs duty exemption has been extended on the import of capital goods and machinery required for manufacturing lithium-ion cells for batteries used in EVs, which will further benefit battery stocks like Exide and Amara Raja. Here is a list of 10 auto stocks that can race ahead after Budget 2023:
Average pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk’s nearly $1 trillion compensation, AFL-CIO finds
Elon Musk’s compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages are facing pressure from