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The Dow Jones Industrial Average rose 27.82 points, or 0.08%, at the open to 33,771.66

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Budget 2023 would be a great opportunity for the Finance Minister to focus on empowering women and providing growth opportunities to bridge the gender gap in the economy

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In the recent months, there has been a significant rise in the use of securitised debt instruments in India. This has been driven by a number of factors, including increased demand for credit from consumers and businesses, as well as a desire among banks and financial institutions to manage risk and free up capital.

Also, considering it is the final full budget ahead of general elections in 2024, the Government could announce some benefits and policies aimed at the rural sector to boost languishing demand.

For all three quarters of this financial year, we have reported strong growth upward of 30%+ YoY for total revenue. Cumulative revenue for 9MFY23 grew by 32% YoY and PAT by 37% YoY. We are confident that similar growth will also continue for the current quarter

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Cryptocurrencies are a type of digital asset that are not backed by any government or central bank. They are created through a process called mining, and they can be used to purchase goods and services. There is a lot of debate around cryptocurrencies, and in India, there is still some confusion about how to properly regulate and tax.

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Finance minister Nirmala Sitharaman delivered the budget on 1 February. The Nifty rose for the second consecutive time on the Budget day and welcomed the Budget 2022 with great vigour. The Nifty closed the budget day session on a cheerful note, rising 1.4%. However, the sentiment turned sour and the Nifty saw the fourth worst month between 2011-2022, shedding 4.5%.

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First and most important, ~27% of the average divestment proceeds in FY18-19 was achieved through CPSE to CPSE sale - a transaction where stake in one public sector entity is sold to another.

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