Business
Stock Market Live Update: Stock markets fall as govt hikes taxes on capital gains, derivatives trading; rupee at record low | Business News
Retail investors flock to market, hold shares worth Rs 36 lakh crore
The number of retail investors in the domestic stock market has surged to over 9.5 crore at present and they directly hold nearly 10 per cent of the market through investments in 2,500 listed companies, according to the Economic Survey 2023-24.
This unprecedented surge in retail investor participation and activity has been fueled by technological advancements such as India Stack and regulatory measures.
Retail investors today number over 9.5 crore and hold close to 10% direct ownership of the market through its nearly 2,500 listed companies. This translates to a wealth of around Rs 36 lakh crore as of March 2024, excluding indirect ownership in equity mutual funds that have Rs 28 lakh crore of assets under management (AUM), the survey said. Read more
How does a Union budget influence the economy?
Apart from not burdening the population with increasing levels of borrowing and debt, a government can use the budget to influence the behaviour of Indian citizens and businesses in two broad ways.
One solution is to change who and how much taxes are levied. For example, if a government wants to encourage business in a sector of the economy, perhaps because it believes that doing so will take advantage of India’s demographic profile, create jobs, and bring prosperity, it can cut the tax rate. Of course, cutting the tax rate will not necessarily translate into lower tax revenues; it is quite possible that increased economic activity (thanks to the lower tax rate) will lead to higher overall tax revenues despite the lower tax rate.
Second, there needs to be a change in what government spends and how much it spends. Although the budget is set for only one year, budgets set early in a new government's term (as is the case this time) can often signal a broader change in how the government wants to spend its money.
|
Sources 2/ https://indianexpress.com/article/business/share-market-budget-2024-live-updates-stock-market-union-budget-nirmala-sitharaman-9469501/ The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
