Tariff hikes may undermine tax cut gains: Sandip Sabharwal
So, the deception due to tariffs is because of two things. One, tariffs have been imposed, they were being talked of, people were thinking they might get postponed but they were not.
Budget signals govt cares for middle class: Hiren Ved
Hiren Ved, Director & CIO of Alchemy Capital, highlights the ongoing significance of India’s manufacturing story, and how the recent Budget supports middle-class consumption. He emphasizes the balanced approach between capex, consumption, pharma, and tech sectors. The Budget’s focus on discretionary consumption, especially in autos, retail, real estate, and tourism, is likely to drive positive […]
Positive Budget for electronics industry; tax cut will also boost demand: Atul Lall, Dixon Tech
The Budget has been praised by Atul Lall, VC & MD of Dixon Tech, for its favorable impact on the electronics industry. Key measures include the rationalization of the duty structure for IFPD, reduction of duties on mobile components, and regulatory reliefs. These changes are anticipated to significantly boost manufacturing and overall industry growth.
ITC, Godfrey Phillips, VST Industries in focus as Budget 2025 leaves tobacco taxes unchanged
ITC, Godfrey Phillips, and VST Industries shares are poised for gains as excise duties on cigarettes remain unchanged in the 2025-26 Union Budget. ITC’s shares boosted by personal tax cuts and a stable tax environment. Analysts maintain a positive outlook for ITC, expecting earnings visibility and moderate tax pressure.
Higher FDI alone won’t revolutionize India’s insurance sector: Vibha Padalkar, HDFC Life
But I think the most important aspect for our sector is regulatory stability. And for better or worse, we have seen time and again many-many things that have significantly impacted the business model of our sector. We had the change in taxes.
Q3 results today: Power Grid, Divi’s Labs among 104 companies to announce earnings on Monday
Earnings results for several companies, including Power Grid, Divi’s Labs, and Tata Chemicals, will be released soon. Power Grid is expected to report modest growth, while Divi’s Labs anticipates significant increases in net profit and revenue. Other notable companies announcing results are General Insurance Corp and Aditya Birla Capital. Stay tuned for important financial updates.
Check Malpani Pipes and Fittings IPO share allotment status, listing date and other details
Malpani Pipes and Fittings’ IPO allotment will be finalized today, with a subscription over 140 times due to high demand from non-institutional investors. Investors can check allotment status via BSE or Link Intime India. The IPO, priced at Rs 90, aims to fund machinery purchases, debt repayment, working capital, and corporate purposes.
Dollar and oil Surge, Asian stocks fall on Trump tariffs
The yields on US Treasuries gained while stock futures slumped, and an index of Asia-Pacific shares also dropped in response to the punitive measures taken against some of America’s biggest trading partners. The Canadian dollar sank to its weakest since 2003, with euro and Mexican peso also posting losses.
Consumption set to take centre stage on D-Street
Money managers and analysts are betting on investors shifting money out of industrials to consumer-oriented stocks in consumer goods, consumer discretionary and automobile sectors in the foreseeable future,
DFIs bail out D-Street as FPIs rush towards exit
At ₹81,903.7 crore ($9,491.6 million), FPI outflow in January was the highest since last October which recorded the highest monthly outflow of ₹1.1 lakh crore ($13,556 million), according to data from NSDL. In the primary market, net investment by FPIs slowed to ₹3,877 crore ($448.7 million), the lowest in seven months owing to slower activity […]