DDT is gone! Big Budget move for stock markets
DDT is a surrogate tax and it obstructs the flow of FDI. Doing away with this tax can give a major push to investment. – Stocks-Markets-Economic Times
Month: February 2020
IDBI jumps 16% after government announces stake sale
The stock was up 15.63 per cent to Rs 39.20 on BSE at 12:49 pm. – Stocks-Markets-Economic Times
FM announces amendment of Companies Act to decriminalise tax defaults
Govt does not want a law that could treat every business house with suspicion, said FM. – Stocks-Markets-Economic Times
Govt to sell part of its holding in LIC through IPO
The government has also set a divestment target of Rs 2.1 lakh crore for FY21. – Stocks-Markets-Economic Times
Share market update: Nifty Financial Services index down; SBI Life falls 7%
The Nifty Financial Services index was trading 1.93 per cent down at 14,040.15. – Stocks-Markets-Economic Times
Budget 2020: Nirmala Sitharaman allocates ₹28,600 crore for women-specific programmes
Slew of measures aimed at women – The Hindu – Economy
Budget 2020: Nirmala Sitharaman allocates ₹28,600 crore for women-specific programmes
Slew of measures aimed at women – The Hindu – Economy
Budget 2020: Proposals for social welfare
The FM split the ‘Caring for Society’ theme into three sections namely women, child and social welfare, culture and tourism, and environment and climate change. – The Hindu – … Read More
Gas stocks jump as FM proposes to extend gas grid by 11,000 km
The government allocated Rs 22,000 crore to power and renewable energy sector. – Stocks-Markets-Economic Times
Budget and infrastructure sector: Key highlights
Nirmala Sitharaman proposes to release national logistics policy soon. – Stocks-Markets-Economic Times