Fiscal strain: Moody’s says tax cuts slow govt revenue; will it limit support for the economy?

[ad_1] India’s fiscal space is tightening as recent tax cuts weigh on revenue growth, leaving the government with less room to support the economy through policy measures, Moody’s Ratings said on Tuesday, according to PTI. The global agency flagged that lower collections in the current financial year have added pressure on the fiscal consolidation path.Speaking…

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Infra boost: India speeds up efforts to clear backlog of stalled highway projects; aims 60% cut in pending projects

[ad_1] India is pushing to clear a large backlog of delayed national highway projects by the end of March, aiming to cut cost overruns and revive construction momentum after a sharp fall in project awards this fiscal.According to an ET report, the road, transport and highways ministry began the year with 152 stalled projects worth…

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Gold loan boom: Credit market poised for major expansion; NBFCs plan 3,000 new branches as demand jumps

[ad_1] India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted…

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How to be a value investor when Nifty is at 26,000, Sensex at 85,000: Guide to finding value when the market looks pricey

[ad_1] Value investing is not about chasing the latest momentum darling. It is about spotting fundamentally sound businesses. (AI image) When the Nifty hovers around 26,000 and the Sensex sits near 85,000, investors naturally wonder: Is there any juice left in the market? The answer is an unequivocal yes. Expensive markets are not uniformly expensive….

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Gold price prediction today: Where are gold prices headed in the coming days? Investors should watch out for these levels

[ad_1] In the very short-term, spot gold will move as per the shifts in the December Fed rate cut probability. (AI image) Gold price prediction: Gold prices are likely to be influenced by the buzz around the prospect of the US Federal Reserve cutting rates in the coming reviews, says Praveen Singh, Senior Fundamental Research…

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