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According a Moneycontrol survey of economists, the gross tax collections estimate for the next financial year may be pegged at Rs 38.3 lakh crore as against the 2023-24 Budget estimate of Rs 33.6 lakh crore

Economists polled by Moneycontrol see the Centre continuing to spend heavily on investments in Budget 2024, although the increase in the capital expenditure allocation in 2024-25 may be far lower than in recent years.

The central bank on January 31 said that Paytm Payments Bank will not be allowed to accept fresh deposits, undertake credit transactions, or top-ups in any customer accounts. This also includes prepaid instruments, wallets, FASTags, and NCMC cards, among others

Shares of cement stocks such as UltraTech Cement, ACC, Ambuja Cement, Dalmia Bharat, Shree Cement will be in focus ahead of the interim budget to be announced on February 1. All these stocks have surged between 20-40 percent over the last one year

This would be in-line with the government#39;s push for artificial intelligence and democratising of knowledge and information sharing

Burman Family bought shares worth Rs 277.48 crore in Religare Enterprises

Burman Family bought shares worth Rs 277.48 crore in Religare Enterprises

This is the 11th month in a row that the Goods and Services Tax mop-up has come in above the Rs 1.5-lakh-crore mark.

The retail giant, which last opened a new outlet in 2021, said most of the stores would be newly built.

In April-December, the output of India#39;s eight core industries was 8.1% higher year-on-year, the same as in the first nine months of 2022-23