Budget 2024: Finance Minister Nirmala Sitharaman presented her seventh consecutive budget earlier today and announced several tax changes across income slabs and capital gains on equities and mutual funds. Analyzing the changes in mutual fund investments, Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), claimed that […]

FMCG stocks have surged in today’s trade as investors responded positively to the government’s strong emphasis in Budget 2024 on boosting rural consumption. The budget outlined several initiatives aimed at boosting rural consumption, expected to support a recovery in FMCG sector volumes. Despite front line indices ending today’s session on […]

The upcoming Union Budget 2024 is expected to be fiscally prudent yet expansionary with continuation of the earlier policies of the NDA government, according to a survey conducted with over 50 smallcase managers. A study conducted by investment platform smallcase reveals that over 80% of smallcase managers expect a hike […]