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Union Budget 2022 to focus on infra, hospitality sectors; HCL Tech, HDFC Bank, Wipro among top stocks to buy

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2 years ago

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Union Budget 2022 to focus on infra, hospitality sectors; HCL Tech, HDFC Bank, Wipro among top stocks to buy

Now is budget time, and the countdown to the 2022-23 Union budget has begun. If the pandemic does not wreak havoc on Budget Day, Finance Minister Nirmala Sitharaman is likely to present her fourth budget on February 1 this year.

Last year, the government announced various stimulus packages that provided a long-awaited path to a strong recovery but also sent inflation soaring. The Federal Reserve has already hinted at rate hikes, and the Reserve Bank of India may also be considering raising rates and tightening liquidity in the financial system.

India’s economy will face a bumpy ride as coronavirus cases rise, thanks to a new concern. The real estate industry expects the government to increase capital spending as lockdowns and restrictions are in place. As such, the budget is expected to boost the affordable housing and rental housing ecosystem and strengthen existing financial infrastructure, thereby providing liquidity to distressed real estate projects. Likewise, a focus on the infrastructure sector is expected to increase the employment potential of the industry.

The hospitality industry is looking to lower taxes and incentives in offering interest-free loans, subsidies and lower tax rates. In the budget, there may be announcements about education. The government could provide tax breaks for Covid-19 patients and their families, as well as more deductions for medical expenses. The insurance industry hopes to include 5% of the consumption tax on health insurance from the existing 18% consumption tax, and in addition, micro-insurance, sachet products, etc. are exempt from consumption tax. There will be more road authority allocations for government kittens. Because this government needs to fully push its divestment agenda so that the government should have enough liquidity to support and sustain this massive capital expenditure, drive consumer demand and restore confidence in the banking system.

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Indian equities delivered a stunning return of around 32% in FY21 from January to October this year on the back of a favourable macroeconomic environment, policy stimulus from governments and central banks, strong corporate earnings and inflows from retail and institutional investors . These factors have helped Indian stocks outperform their peers. But with the end of the year, the tide turned to Indian stocks. As a result, the Indian market has corrected 8-9% from its all-time highs between October and mid-December.

Complete News Source : FINANCIAL EXPRESS

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Lifestyle

10 best activities hacks for the better lifestyle for Business Managers.

Published

9 months ago

on

August 9, 2023

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10 best activities hacks for the better lifestyle for Business Managers.

Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.

Mindfulness at Work lifestyle

Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.

Regular Exercise Breaks

Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.

Nutrition and Healthy Eating

Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.

Time Management Workshops

Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.

Skill Development Seminars

Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.

Flexible Work Arrangements

Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.

Social Engagement

Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.

Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.

Pursuing Hobbies and Interests

Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.

Encouraging Employee Wellness

Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.

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