Budget 2023 Expectations: What are the key things for retail investors to look out for?

The Budget 2023 is expected to focus on infrastructure, manufacturing, agriculture and allied activities. There may also be a stronger focus on production-linked incentive schemes and more sectors may be brought under its ambit.

Budget 2023 Expectations: Govt may raise allocation for existing PLI schemes, says report

The Government of India created the PLI scheme with an objective of boosting domestic manufacturing.

Inflation has peaked; rate hike cycle to come to an end soon: Puneet Pal of PGIM India Mutual Fund

Investors should frame their asset allocation by considering their financial goals, investment horizon and risk appetite, said Pal.

Merchandise trade: Resilient core exports keep deficit in check

Oil exports declined by 8.5 percent sequentially despite cuts in December to the special excise and export duties on various petroleum products.

Budget 2023 Expectations: Fiscal consolidation to dominate the narrative, says Radhika Rao of DBS Bank

Fiscal consolidation will dominate the narrative in the upcoming Budget despite economic and political compulsions, said Radhika Rao, Executive Director and Senior Economist at DBS Bank. In an interview with MintGenie, Rao said that she pegs the FY24 deficit at 5.9 percent of GDP.

Interest rates won't go back to zero despite a recession, says Bill Winters of Standard Chartered

Winters believes the interest rates are at their peak and we could end up with a terminal (US) Fed rate of 5 percent, however, it will depend on the changing data.

Margins of India Inc to improve in FY24 despite, says Fitch Ratings

Fitch Ratings said margins will improve for most companies in FY24 after softness in FY23. Rating headroom will remain adequate despite high Capex.

Recession in US may be short-lived; Indian equities to give positive returns in 2023: Sujan Hajra of Anand Rathi

Investment theme and financials were in flavour during 2022 while consumption theme and globally oriented sectors did relatively badly. In the initial part of 2023, the same themes might continue, says Hajra.

Job Losses: Salesforce cuts about 10% of its workforce; nearly 7,400 laid off

The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions, said CEO Marc Benioff in a letter to employees. 

Banks can withstand even severe stress conditions, says RBI governor Shaktikanta Das

Shaktikanta Das said the Indian economy presents a picture of resilience amid all challenges.

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Budget 2023 Expectations: What are the key things for retail investors to look out for?

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