Record date for IDCW is 25 January 2022
Hindustan Copper hit the charts by surging over 3%.
Assuming that the Government keeps the expenditure growth at 8% over FY22 estimates at Rs 38 lakh crore in FY23 and receipts (minus borrowing and other liabilities) would grow by ~10.8%, it would lead to fiscal deficit of around Rs 16.5 lakh crore or 6.3% of GDP in FY23
The easing of restrictions by state governments, healthy pace of vaccination and dip in Covid-19 infections had resulted in healthy sequential domestic passenger traffic growth during June 2021 — December 2021 with the same reaching ~22 million in December 2021 (highest since the start of pandemic in March 2020) and ~88% of pre-pandemic levels (December 2019). However, the recovery trend in passenger traffic was disrupted due to Omicron.
On a consolidated basis, the IT companys net profit rose 2.4% to Rs 83.50 crore on 3.4% increase in revenue from operations to Rs 551.90 crore in Q3 December 2021 over Q2 September 2021.
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