ITC, Godfrey Phillips plunge up to 7% on hike in excise duty
Market participants gave thumbs down to Budget2020 as the Sensex was down nearly 500 points. – Stocks-Markets-Economic Times
Month: February 2020
FM’s caffeine shot in Budget fails to give growth hope, stocks crash
FM left it to the taxpayers and farmers to address the demand-side woes of the economy. – Stocks-Markets-Economic Times
Railways to install solar power capacity alongside tracks; stocks fall
Sitharaman announced that more Tejas type trains will run to connect iconic tourist destinations. – Stocks-Markets-Economic Times
For every rupee in govt kitty, 64 paise come from taxes
Goods and services tax collections will contribute 18 paise in every rupee revenue. – The Hindu – Economy
Sensex Slumps 988 Points As Budget Fails To Enthuse Investors
elloff across sectors barring information technology shares led to deep cuts in stock markets today. – NDTV Profit – Latest
Tax Payment On ESOPs From Startups Deferred, Says Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman in her Budget 2020-2021 speech emphasized that entrepreneurship has always been the “strength of India.” – NDTV Profit – Latest
For every rupee in govt kitty, 64 paise come from taxes
Goods and services tax collections will contribute 18 paise in every rupee revenue. – The Hindu – Economy
Full text of FM Nirmala Sitharaman’s Budget speech
“In May 2019, Prime Minister Modi received a massive mandate to form the government again.” – Stocks-Markets-Economic Times
Here’s a list of winners & losers from FM Sitharaman’s Budget
Sitharaman said Budget was aimed to boosting incomes and enhancing purchasing power. – Stocks-Markets-Economic Times
Share market update: PSU bank shares down; Bank of India slips 3%
The Nifty PSU Bank index was trading 1.64 per cent down at 2327.25. – Stocks-Markets-Economic Times