Budget

electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

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electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

Interim Budget Expectations: The government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space. The Union government is all set to present the interim budget on February 1. “We expect capex … Read more

Interim Budget 2024: Top 4 stocks from budget themed portfolio scan that could give 16-20% return

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Interim Budget 2024: Top 4 stocks from budget themed portfolio scan that could give 16-20% return

Ahead of the upcoming interim budget and dim markets, the stocks related to defence, automobile, packaging and insurance may gain momentum.Looking at this week’s Nifty’s performance, it has breached past three week’s low fearing a stop on its bull run. FIIs have been selling continuously for the past few days which is not considered as … Read more

budget expectations: Budget may disappoint stocks related to government capex: Jefferies

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budget expectations: Budget may disappoint stocks related to government capex: Jefferies

Stating that the Modi government’s commitment to cut fiscal deficit to 4.5% of GDP by FY26 limits the total expenditure growth to about 8% YoY, global investment banking firm Jefferies on Thursday said a potential slowdown in capex in the interim Budget can disappoint investors. “The central government capex has tripled over the last five … Read more

Budget 2024: Budget 2024: Govt may extend scope of PLI scheme to job-creating sectors

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Budget 2024: Budget 2024: Govt may extend scope of PLI scheme to job-creating sectors

To incentivise the manufacturing sector and generate employment, the government may extend the scope of PLI scheme to include sectors like garments, jewellery and handicrafts in the forthcoming interim Budget, Deloitte said. Currently, Production-Linked Incentive (PLI) scheme is available for 14 sectors. Read our full Budget 2024 coverage here Deloitte India Partner Rajat Wahi said … Read more

Bond: Bond rally overlooking a soaring $2 trillion debt problem

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Bond: Bond rally overlooking a soaring trillion debt problem

New York: Right around the start of November, two words suddenly disappeared from the chatter in the bond market: debt supply. As bond prices surged across the developed world day after day, sending yields tumbling and handing investors some much-needed profits, the angst about soaring budget deficits melted away. But for how long? Over the … Read more

I’m A College Kid Looking For A Reliable Ride! What Car Should I Buy?

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I’m A College Kid Looking For A Reliable Ride! What Car Should I Buy?

Matt is helping his eighteen-year-old niece search for the right set of wheels before she goes off to college. She is currently driving an old Prius that is no longer reliable and is looking for something reliable, and fuel-efficient for under fifteen grand. What car should she buy? The 2023 Dodge Challenger Swinger Edition Was … Read more

general elections: ETMarkets Smart Talk: General elections, Budget among top 4 events to track in 2024: Sunny Agrawal

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general elections: ETMarkets Smart Talk: General elections, Budget among top 4 events to track in 2024: Sunny Agrawal

“From the next 6 to 12 months’ perspective, we expect the domestic equity market to remain buoyant and have room to further go up by 8-10%,” Sunny Agrawal, Head of Fundamental Equity Research, SBI Securities, said.In an interview with ETMarkets, Agrawal said: “BFSI, Real Estate, Auto, Cement, Engineering/Cap Goods, Infra, Railways, Defence, Renewables, IT, Biofuels … Read more

Centrelink payments to increase, including JobSeeker, for millions of Australians

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Centrelink payments to increase, including JobSeeker, for millions of Australians

Welfare recipients are in line for a $40-a-fortnight boost with parliament passing the increase, despite calls for the rise to be higher as the nation deals with a cost of living crisis. Australians with no children on JobSeeker can expect to get about $749 a fortnight, up from just over $693, under the changes from … Read more

SA Government pulls plug on electric vehicle rebate as tax swells state’s coffers

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SA Government pulls plug on electric vehicle rebate as tax swells state’s coffers

South Australians will lose a $3000 electric vehicle incentive as the state government banks growing budget surpluses over the next four years. Rising tax takes will boost the state’s bottom line even as debt continues to grow, the government’s mid-year budget review revealed on Thursday. WATCH VIDEO ABOVE: Thousands of Aussies to lose $3000 cash … Read more

Queensland mid-year budget delivers cost-of-living relief on car registration, public transport

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Queensland mid-year budget delivers cost-of-living relief on car registration, public transport

Queenslanders are set to receive more cost-of-living relief, the state government has announced. Treasurer Cameron Dick handed down his mid-year budget review on Wednesday, tipping the economy to grow by three per cent over the next two years. Registration fees for motor vehicles and public transport fees will be frozen for one year from July … Read more