Budget 2022-23: Trend of capital expenditure

Capital expenditure refers to money that is spent on building assets like roads, buildings and others.

Budget 2023: 10 years' Indian market performance before and after announcements

The Union Budget for the financial year 2023-24 is going to be presented in the Parliament by Finance Minister Nirmala Sitharaman on February 1, 2023, at 11 am. Below we take a look at how the market performed before, on, and after the budget day over the past 10 years.

88% of ultra-high-net-worth Indians saw their wealth grow in 2022

Despite the year of ‘Permacrisis’, 88% or nearly 9 out of 10 Indian UHNWIs witnessed an increase in wealth in 2022. Around 35% of Indian UHNWIs saw total wealth change by above 10%. 84% of the investable wealth of Indian UHNWIs is allocated between equities, real estate and bonds. Investments in commercial real estate, either directly or through funds and REITS, make up 25% of portfolio of Indian UHNWIs.

How much money do Demat accounts in India hold

The number of demat accounts rose by a marginal 2.1 million to 108 million in December 2022, compared to 1.8 million additions in the previous month, said report.

108 million demat accounts added in Dec 2022

The number of demat accounts rose to 108m in Dec’22. Incremental account additions were at 2.1m in Dec’22 v/s 1.8m in Nov’22. Although the additions were higher than in the past three months, the number continued to be below the FY22 average run-rate of 2.9m.

India's economic strength makes it shine amid gloomy global scenario

India has come a long way when it comes to economic resilience and is no more referred to as the ‘Fragile Five’. Additionally, India not only swiftly recovered from the pandemic but is also experiencing persistent rise in economic activities, said report. 

India's declining debt to GDP ratio indicates long-term economic stability

A lower Debt to GDP can help India attain better financial stability. Also, lower stressed assets helps in freeing up banks capital &amp; lower debt for households creates a conducive environment for blooming consumer demand, report mentioned.

Top 10 income tax saving instruments in India

Tax savings are an important tool for many investors, to prevent the erosion of the total income generated. Below we will discuss the best income tax-saving instruments in India that can help reduce your tax outgo.

Startups that got financial support under FFS scheme in last 3 years

The Government unveiled an action plan for startup India that laid the foundation of Government support, schemes and incentives envisaged to create a vibrant startup ecosystem in the country. The action plan comprises of 19 action items spanning across areas such as “simplification and handholding”, “funding support and incentives” and “industry-academia partnership and incubation”.

21 startups that turned unicorns in 2022

India added fewer unicorns to its list this year with just 21 firms achieving the startup industry's highly desired status in 2022, down from the previous year's total of 45.

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Budget 2022-23: Trend of capital expenditure

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