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The group has typically incubated businesses within its flagship company, to demerge and list them later. Its listed arms today operate in sectors including ports, power transmission, green energy and food production.

Since the 90s, in the last 3 decades we have flip flopped from 20% to 10% to zero, then back to 10% and again with an exemption of 1 lakh etc.

Since the crucial fiscal deficit is expressed as a percentage of nominal GDP, the higher denominator has given the FM a rare opportunity to spend Rs 82000 crores more than budgeted and yet contain the fiscal deficit at the budgeted target of 6.4 percent of the GDP.

The ace investor has picked stakes in three new companies 3M India, Andhra Paper, and United Breweries during the December quarter, while he reduced positions in Blue Dart Express, BF Utilities and VST Industries.

There are many factors to consider while determining whether inflation has peaked. While there are visible signs of a downward trend, the critical question is whether the fall in inflation will be sustainable. Early signs of falling food inflation and a fall in the prices of commodities, including crude oil, provide hope.

Rakesh Jhunjhunwala’s prodigy remains bullish on Nifty in 2023. >> For more such web stories click on the ET icon below

The Bank Nifty index too has been trading in a big range where 42000 is acting as a cushion for the bulls and 43000 is acting as a resistance point where the high open integers are built up on the call side.

Passive Target Maturity Funds (read Index funds and ETFs) aims to replicate the composition of the underlying debt index and have a specified maturity date.

As per the IEA report, Europe’s gas consumption sheds more than 10 percent in the first eight months of 2022.

Make-in-India would be another theme that could be at the center stage. We could see custom duty cuts in commodities where indigenization and value add are gaining pace. Further, a tax hike on imported finished goods could be on cards to aid local manufacturers. Chemical companies and electronic manufacturers are key beneficiaries.