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Published: Dec 29, 2021
Updated: Dec 29, 2021
With the stock exchanges at a new high, some CEOs are now betting that the next budget will bring much-needed cheer to corporate India.
Finance Minister Nirmala Sitharaman has already boasted and promised a ‘historic’ budget ‘not seen in the last hundred years’. This has given the stock market enough fuel to keep the momentum going for all top stocks. Optimist CEOs point out this promise of the Finance Minister.
However, pessimists say that looking at the FM’s track record, one should not expect a miracle from Ms Sitharaman as the government does not have any fiscal space to shower more sops to industry. Some pessimists go to the extent of insisting that this budget will end the runaway rise in the stock market, and Ms Sitharaman’s budget will be a ‘historic’ one in the sense of ending the current boom in the market that has taken the indices to new all-time high during the period of the Pandemic Covid-19. Will there be some negative proposals that can hit the market boom?
February 15, 2025 - First Issue
Industry Review
VOL XVI - 10
February 01-15, 2025
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