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Budget 2023Budget 2023

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  • Hafele
  • Motilal Oswal
Budget 2023
Budget 2023
international markets

International market is a global system of buying or selling goods and services outside of the buyer’s or seller’s home country. Geographically, it could be defined as the market outside the international borders of a company’s country of citizenship, or simply a region where a company conducts business that is outside the territorial boundaries of its home country. The trade across borders allows companies to expand their markets and access goods and services that otherwise may not have been available domestically. Selling in foreign markets involves dealing with diverse languages, laws, cultures, rules, regulations and requirements. Exporting goods is often the first step to entering a foreign market - which can lead to setting up the business presence in a country other than the company’s home country. Companies adopt marketing on a worldwide scale to reach global objectives by reconciling global operational differences, similarities, and opportunities. Global stock market indices such as S More

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  • Wall Street ends higher, notches weekly gains as Fed meeting looms Jan 28, 2023 08:19 AM IST

    Wall Street ends higher, notches weekly gains as Fed meeting looms

    The Dow Jones Industrial Average rose 28.67 points, or 0.08%, to 33,978.08, the S&P 500 gained 10.13 points, or 0.25%, to 4,070.56 and the Nasdaq Composite added 109.30 points, or 0.95%, to 11,621.71.

  • Wall Street closes green as GDP data eases recession worries Jan 27, 2023 06:05 AM IST

    Wall Street closes green as GDP data eases recession worries

    While all three major U.S. stock indexes advanced, megacap momentum stocks, buoyed by Tesla Inc's (TSLA.O) earnings beat and upbeat sales forecast, helped put the Nasdaq in the lead.

  • S&P 500 closes slightly red as weak corporate guidance fuels recession fears Jan 26, 2023 06:07 AM IST

    S&P 500 closes slightly red as weak corporate guidance fuels recession fears

    All three major U.S. stock indexes pared their losses throughout the afternoon to close well off session lows, with the blue-chip Dow eking out a small gain in the final minutes.

  • S&P 500 ends slightly down after mixed earnings, opening glitch Jan 25, 2023 06:03 AM IST

    S&P 500 ends slightly down after mixed earnings, opening glitch

    A spate of NYSE-listed stocks were halted at the top of the session due to an apparent technical malfunction, which caused initial price confusion and prompted an investigation by the U.S. Securities and Exchange Commission (SEC).

  • Wall Street extends rally, powered by tech bounce Jan 24, 2023 05:59 AM IST

    Wall Street extends rally, powered by tech bounce

    All three major stock indexes extended Friday's gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares (.SOX).

  • Wall Street slips as labor market data fuels Fed worry Jan 20, 2023 06:03 AM IST

    Wall Street slips as labor market data fuels Fed worry

    A report from the Labor Department showed weekly jobless claims were lower than expected, indicating the labor market remains solid despite the Fed's efforts to stifle demand for workers.

  • Wall Street sinks after weak data, hawkish Fed comments Jan 19, 2023 06:02 AM IST

    Wall Street sinks after weak data, hawkish Fed comments

    Before the market opened, U.S. economic data showed retail sales and producer prices declined more than expected in December, while production at U.S. factories fell more than expected and November output was weaker than thought.

  • Goldman, Travelers drag Dow lower as earnings season picks up Jan 18, 2023 07:44 AM IST

    Goldman, Travelers drag Dow lower as earnings season picks up

    The Dow Jones Industrial Average fell 391.76 points, or 1.14%, to 33,910.85 and the S&P 500 lost 8.12 points, or 0.20%, to 3,990.97. The Nasdaq Composite added 15.96 points, or 0.14%, to 11,095.11.

  • Tech’s slump masks rally sweeping across S&P 500 Jan 16, 2023 07:35 AM IST

    Tech’s slump masks rally sweeping across S&P 500

    While the benchmark is down 17% from its record high set on Jan. 3, 2022, about three-quarters of the stocks in the index are up 20% or more from their 52-week lows, according to data compiled by Bloomberg.

  • S&P 500 ends at highest in month, indexes gain for week as earnings kick off Jan 14, 2023 08:23 AM IST

    S&P 500 ends at highest in month, indexes gain for week as earnings kick off

    The Dow Jones Industrial Average rose 112.64 points, or 0.33%, to 34,302.61, the S&P 500 gained 15.92 points, or 0.40%, to 3,999.09 and the Nasdaq Composite added 78.05 points, or 0.71%, to 11,079.16.

  • Budget 2023: Jayant Sinha bats for parity in capital gains tax rules to help start-ups, private markets Jan 13, 2023 04:30 PM IST

    Budget 2023: Jayant Sinha bats for parity in capital gains tax rules to help start-ups, private markets

    The Parliamentary Standing Committee on Finance has recommended that the Budget 2023 should simplify and streamline capital gains tax rules across equity, debt, real estate, gold and mutual funds, its Chair, Jayant Sinha tells Moneycontrol.

  • Stocks rise, dollar stumbles after US inflation data Jan 13, 2023 06:08 AM IST

    Stocks rise, dollar stumbles after US inflation data

    U.S consumer prices fell in December for the first time in more than 2-1/2 years as prices fell for gasoline and other goods, suggesting inflation was on a sustained downward trend.

  • Wall Street ends sharply higher on optimism before key inflation report Jan 12, 2023 06:11 AM IST

    Wall Street ends sharply higher on optimism before key inflation report

    The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.

  • Wall Street ends higher, Jerome Powell comments avoid rate policy Jan 11, 2023 06:03 AM IST

    Wall Street ends higher, Jerome Powell comments avoid rate policy

    In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed's independence is essential for it to battle inflation.

  • S&P 500 near flat as investors weigh chances of less aggressive rate hikes Jan 10, 2023 06:04 AM IST

    S&P 500 near flat as investors weigh chances of less aggressive rate hikes

    The Dow ended lower, and the Nasdaq Composite (.IXIC) ended well off the day's highs.

  • Wall St rallies as jobs, services data calm rate hike worries Jan 07, 2023 08:28 AM IST

    Wall St rallies as jobs, services data calm rate hike worries

    The Dow Jones Industrial Average rose 700.53 points, or 2.13%, to 33,630.61; the S&P 500 gained 86.98 points, or 2.28%, at 3,895.08; and the Nasdaq Composite added 264.05 points, or 2.56%, at 10,569.29.

  • S&P closes higher after Fed minutes confirm inflation focus Jan 05, 2023 06:01 AM IST

    S&P closes higher after Fed minutes confirm inflation focus

    Officials at the Fed's Dec. 13-14 policy meeting agreed the U.S. central bank should continue increasing the cost of credit to control the pace of price increases, but in a gradual way intended to limit the risks to economic growth.

  • Wall Street starts the year with a dip; Apple, Tesla shares drag Jan 04, 2023 06:03 AM IST

    Wall Street starts the year with a dip; Apple, Tesla shares drag

    Shares in electric vehicle maker Tesla Inc (TSLA.O) closed down 12% after hitting their lowest level since August 2020 and put pressure on the consumer discretionary sector (.SPLRCD) following a miss on Wall Street estimates for fourth-quarter deliveries.

  • Stocks buoyant while darker forecasts gather on the horizon Jan 03, 2023 06:30 AM IST

    Stocks buoyant while darker forecasts gather on the horizon

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.06%, just short of an index of global shares, which climbed 0.16%.

  • S&P 500, Nasdaq close lower, weighed by growth stocks Dec 28, 2022 06:05 AM IST

    S&P 500, Nasdaq close lower, weighed by growth stocks

    Growth stocks (.IGX) dragged the tech-laden Nasdaq down the most. The S&P 500 joined the Nasdaq in negative territory, while value stocks helped the Dow hold on to nominal gains.

  • Wall Street ends higher, Treasury yields rise after data flurry Dec 24, 2022 09:31 AM IST

    Wall Street ends higher, Treasury yields rise after data flurry

    By Stephen CulpNEW YORK Wall Street shuffled to a modestly higher close on Friday and Treasury yields advanced as investors digested a deluge ..

  • Wall Street tumbles on rate, recession worries, bleak chipmaker outlook Dec 23, 2022 06:07 AM IST

    Wall Street tumbles on rate, recession worries, bleak chipmaker outlook

    Micron Technology Inc's glum forecast added to the downbeat mood and caused the semiconductor index (.SOX) to sharply underperform the broader market for its biggest daily decline in over a month.

  • Wall Street closes slightly higher after four-day sell off Dec 21, 2022 06:19 AM IST

    Wall Street closes slightly higher after four-day sell off

    Fears about the Federal Reserve's plan to keep raising U.S. interest rates have weighed heavily on equities since its policy meeting last week.

  • Stocks bulls losing support as $4 trillion of options set to expire Dec 16, 2022 07:32 AM IST

    Stocks bulls losing support as $4 trillion of options set to expire

    An estimated $4 trillion of options is expected to expire Friday in a monthly event that in tends to add turbulence to the trading day.

  • Wall Street ends lower after latest Fed rate hike Dec 15, 2022 06:00 AM IST

    Wall Street ends lower after latest Fed rate hike

    The central bank raised interest rates by half a percentage point on Wednesday and projected at least an additional 75 basis points of increases in borrowing costs by the end of 2023, as well as a rise in unemployment and a near-stalling of economic growth.