February 3, 2020 - Impact of Budget proposals on sectors - Winners and Losers

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Invite Friends   From the Editor's Desk Practicing The Subtle Art Of Detachment Is there anything that remains when I strip your life of your work and your deepest relationships for a while? Is there a core within you that is separate, detached and at peace irrespective of how things go in your life? Or are you constantly on a roller coaster ride based on what happens? Exhilarated because great things are happening at work, miserable because the last batch of orders didn't get delivered on time and customers left bad reviews. Exhilarated because things are going well in your relationship, miserable because he/she suddenly stopped giving you enough time. Letting the things that you feel passionate about dictate your mood, your energy levels and your overall enthusiasm towards life is not a very healthy approach as you are relying over something external, something that is not entirely under your control to dictate your life. The only difference between people who collapse after failure/loss and those who dust themselves off and start again quickly is that the latter know and practice the art of detachment. What exactly is the art of detachment? Continued here Read TradeBriefs every day, for the top insight! Advertisers of the day Veris: The new one-stop office management tool is here! IIM Calcutta: IIM Calcutta | Senior Management Programme in Business Analytics | Accepting Applications Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Finance Impact of Budget proposals on sectors Expectations were sky-high from Finance Minister Nirmala Sitharaman's Budget for 2020-21. The government sought to boost growth in the Union Budget, which hiked spending on the farm sector and proposed cuts in personal taxes. DDT was also abolished. However, the measures fell short of market expectations, as Dalal Street took a big hit. Reliance Securities lists different Budget proposals and their impact on different sectors: Winners and Losers Finance Budget allocates close to ₹7,000 crore for recapitalisation of three PSU general insurers Lack of recap for PSBs raises eyebrows 11 More Finance Stories Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Food/FMCG Calamity duty levied on cigarettes a negative for ITC, Godfrey Phillips Food/FMCG Budget 2020 partially delivered against expectations: Godrej Consumer Products Limited Vivek Gambhir Managing Director and CEO, Godrej Consumer Products Limited If the Government wants to deliver on the promise to make India a USD 5 trillion economy, and double farmer income by 2022, then it will take much more. 2 More Food/FMCG Stories Software Nirmalaji, Our fate depends on what we do TODAY in Artificial Intelligence domain Dear Madam, Though I don't have a word cloud of you budget speech, I was happy to hear the two words, "Artificial Intelligence", appearing in it time and again, but not too happy to see... Software Indian CEOs That Took Over Silicon Valley In The US And Made India Proud 7 More Software Stories Ecommerce TDS deduction for big e-tailers, relief for small traders: FM Ecommerce Amazon, Flipkart may approach India government for budget clarification Amazon India and Flipkart are studying the budget proposal on levy of one per cent TDS and may reach out to the government for clarifications. 'We are studying the details, and will reach out... 3 More Ecommerce Stories Digital India's vast hinterland is the real market for online learning Only the brave have ventured into tier-2+ towns in India with edtech, building a base in areas where the big players aren't active.Monetizing edtech is hard enough in the best of circumstances, but much more so in small town India Digital Elon Musk slams Twitter, Google for rising scams, fake bots 9 More Digital Stories Franchise McD's names Agrawal Group as licensee for north, east operations American burger and fries chain McDonalds has named entrepreneur Sanjeev Agrawal, promoter of Delhi-based diversified MM Agrawal Group, as developmental licensee for its operations in north and east India. Franchise Plus Fitness boosts Indian gym footprint Aussie-born Plus Fitness has expanded its Indian franchise network with the latest gym opening at a prime Mumbai location. 2 More Franchise Stories HR What will change in the workplace in 2020? Find out here The trends are hyper-social, hyper-productive and intimately-personalised. HR Jamia/JNU or politicians or bureaucrats: Who are holding back economy/society? The government's decision, last week, to hold bank boards responsible for large-value frauds instead of the MD and CEO is a great example Indian bureaucracy's incompetence. 2 More HR Stories Logistics National logistics policy to bring down cost and streamline rules The policy will create a single-window e-logistics market and focus on the generation of employment.As per the draft, the single window system will cut logistics costs, now estimated at 13-14% of GDP, to 10% Logistics Govt hits the road to earn Rs 84,000 crore India Business News: Finance minister Nirmala Sitharaman said the government would focus on highways, including development of 2,500km of access-controlled highways, 9,000 9 More Logistics Stories Construction A home for every Indian. "I'll achieve it," says Hafeez Contractor 'The world has changed a lot and architects can save the world. But, in India, we can't think beyond the Gateway of India or Taj Mahal. Our architecture has no one to take it forward.' Construction Investments in infra via invITs may get a leg up from budget Tax pass through status available to publicly listed InvITs extended to private unlisted ones.Private InvITs have emerged as an investment route of choice for large institutional investors 7 More Construction Stories Marketing Spotify, Apple Music Trail Little-Known Rival in Music-Obsessed India The most popular music streaming service in India, the world's biggest untapped digital economy, isn't from Spotify Technology SA or Apple Inc. Instead, it is a local rival little known outside the country. Marketing These Indian brands are making a difference in their fields This week, SMBStory brings to you the stories of Indian brands that are excelling in their own field. 5 More Marketing Stories Politics "Nirbhaya Convicts Trying Patience Of Nation": Centre To High Court The four convicts in the Nirbhaya case are "trying the patience of the nation," the centre told the Delhi High Court today, challenging the trial court's order staying their execution. The court, which was giving a rare Sunday hearing to the matter, has reserved its order. Politics After Second Coronavirus Case, India Stops E-Visa For China: 10 Points The government suspended online visa facility for China as a second case of Coronavirus was confirmed this morning in Kerala. The first case was detected three days ago. A second special Air India flight brought back 323 Indians from China's Wuhan -- the epicentre of the virus where it has killed more than 300 people. The evacuated people will be quarantined at a special army facility at Haryana's Manesar, near Delhi. Prime Minister Narendra Modi is personally monitoring the situation, Union Health Minister Harsh Vardhan has said. 5 More Politics Stories Sports Liverpool's lead grows to 22 points, Klopp's never seen anything like his record-breaking Reds Liverpool increased the gap at the top with a Mohamed Salah double leading a second-half blitz that secured a record-equalling 20th straight home league win. Sports India vs New Zealand 5th T20I Highlights: IND beat NZ series by 7 runs, clean sweep series 5-0 India vs New Zealand 5th T20I Highlights: KL Rahul played the role of the captain as Rohit Sharma got injured in the first innings 7 More Sports Stories Entertainment I want to see Kashmiri Pandits return with dignity to their homeland: Shikara director Vidhu Vinod Chopra Director Vidhu Vinod Chopra on his upcoming film Shikara, and the exodus of Kashmir Pandits from the Valley. Entertainment We also want the right wingers to laugh at the jokes: Vir Das Stand-up comedian Vir Das on his latest show, political comedy and why we need not be divisive with our laughter. 10 More Entertainment Stories Work Don't panic, but companies are harvesting data straight from your brain Why is neuromarketing getting singled out when there are so many other red flags in the advertising industry to sort through? Work Censorship claims emerge as TikTok gets political in India A TikTok influencer says his videos on Hindu-Muslim unity have triggered censorship on the app. 11 More Work Stories Life The number of coronavirus cases worldwide has surpassed that of SARS Over 8,000 people were infected with SARS over the course of about five months. Life Star Wars: The life of a props trainee on set As spending on UK film and TV production hits a record high, a props trainee describes her work. 3 More Life Stories Retail Custom duty hiked on imported footwear, furniture In her budget speech, Sitharaman said we are also strengthening provisions relating to safeguard duties which are applied when a surge in imports caus.. Retail As coronavirus bites, traders in Siliguri cancel orders for Chinese goods Over the past few days, several traders in Siliguri have started cancelling their orders and their visits to China because of the scare of coronavirus. 12 More Retail Stories Telecom Govt's component import duty hike to drive local manufacturing capacity: Handset makers Handset makers expect the government's proposal to increase duty on printed circuit board assembly (PCBA) and chargers to help significantly expand .. Telecom Samsung Galaxy A51 doesn't deliver a knockout punch, but is a decent, mid-range smartphone Samsung has done a commendable job with the screen and battery life in the Galaxy A51. But it fails in the camera department and doesn't seem premium enough to command the price it is asking for. 8 More Telecom Stories TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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