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“A full week after the presentation of the Union Budget, the Index of Consumer Sentiments fell 4.2% in contrast to a 9% increase in equity market valuations response to the budget on the bourses,” CMIE said in its weekly analysis. “Households were not very impressed with the budget. On the contrary, they have expressed their displeasure with it,”it said. The findings are based on the Consumer Pyramids Household Survey by CMIE. ....
It s motivating, there is no doubt : FM Sitharaman on positive reaction to Budget 2021 Corporates, industry watchers, and markets have said Budget 2021 re-imagined both spending and borrowing and reposed faith in large-scale infrastructure building and healthcare. My focus was to get it making a difference to the economy, says FM BusinessToday.In | February 12, 2021 | Updated 15:41 IST Finance Minister Nirmala Sitharaman Union finance minister Nirmala Sithraman has said her ministry s focus on Budget 2021 was to make a difference to the economy . Corporates, industry watchers, and markets have said Budget 2021 re-imagined both spending and borrowing and reposed faith in large-scale infrastructure building and healthcare. On this aspect, Budget 2021 has been hailed as one of the hits among recent budgets. ....
Investors happy but households give thumbs down to Budget: CMIE CMIE observeshouseholds expressed displeasure as a week after budget, Index of Consumer Sentiments fell 4.2%; budget may or may not be reason for household perceptions to worsen but sentiments have worsened after it, it adds BusinessToday.In | February 10, 2021 | Updated 12:37 IST Budget brings a sharp difference between perception of equity market investors and households, says CMIE The value of BSE-30 companies rose five per cent and that of Nifty-50 companies rose 4.7 per cent on the day of the Budget, which is an indicator that investors were evidently happy with the Budget, private think CMIE (Centre for Monitoring Indian Economy) has said in its latest article. It is unusual for the value of these companies to rise by more than 2 per cent on an average day, said the article written by CMIE CEO Mayesh Vyas. ....
Biz EOD: CAG picks holes in daily fuel pricing system; MeitY coochy-coos Koo Catch top stories from the world of business and economy with BusinessToday.In s Biz EOD report BusinessToday.In | February 11, 2021 | Updated 00:59 IST Top stories from the world of business and economy Apex auditor Comptroller and Auditor General of India (CAG) has found that the daily pricing system for petrol and diesel has been far from perfect until recently. Hailed to be the Indian alternative to popular social network Twitter, home-grown Koo has gained traction over the last few days. Read for more top stories from the world of business and economy: ....