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HDFC, Adani Green, Dabur, Adani Total Gas, Dabur, Tata Consumer, Jubilant Foodworks, Indian Overseas Bank, Zee Entertainment, and M&M Finance are among the companies that will announce their December quarter results today

Total income for the quarter under review on a standalone basis was at Rs 2,530.22 crore as against Rs 2,504.86 crore registered in the same period last fiscal.

The given major announcements along with the clarity and, above all, the recognition from the government has boosted the morale of the crypto players

“Anything which moves things from gray to white is a welcome step from the government for us and for the industry and is going to be positive news.”

The Dow Jones Industrial Average rose 19.6 points, or 0.06 per cent, at the open to 35151.47.

The benchmark paper yielded 6.89 per cent in afternoon trade, compared with 6.65 per cent in the morning trade Tuesday, just before Finance Minister Nirmala Sitharaman began her Budget speech.

Sitharaman proposed increasing the size of the economy’s annual spending to 39.5 trillion rupees ($529 billion) to support growth plans.

The focus on infrastructure spending, huge thrust on capex by the government - seven lakh crores on its own, ten-and-a-half lakh crores with the states - will have a catapulting effect on the economy with a 4X multiplier, says Piyush Goyal

The private investment that the government is understandably hoping to attract faces a significant hurdle at the present juncture - a massive hardening of borrowing costs in the economy

The government has surely come a long way in its stance towards crypto in the last year. Many hope that this positive outlook towards cryptocurrencies will continue to mean good things for cryptocurrencies and their various applications: Web3, dApps, DeFi, and others.