Every year the finance minister presents the budget of the country in the Lok Sabha. The budget explains how the government is planning to collect taxes or earn through other sources and how the government is going to spend the same. Governments in developing countries, usually spend more than the…

A good study of the annual budget announcements can help you in many ways – a) Capture new upcoming opportunities created by the Government, b) Avail subsidies, grants, or concessions offered by the Government, c) Manage your finances by planning taxes and expenditure, d) Understanding impact on the economy, the…

The prime focus of the entire budget presentation is announcing schemes and missions that the government will be undertaking in the upcoming year. The entire budget is prepared accordingly while allocating the requisite amount to departments and missions. Although most people focus on tax proposals, smart businesspeople focus on these…

A day before presenting the budget, the Finance Minister presents the Economic Survey of the country. This is a review document that provides information on key developments in the economy over the past 12 months. It also highlights the policy initiatives, the performance of development programs, and the prospects of…

Budget 2023 was the fifth consecutive budget presented by the current finance minister, Nirmala Sitharaman, joining the league of Manmohan Singh, Arun Jaitley and P Chidambaram. Over the past four budgets, we have seen everything – record-breaking marathon speeches, fiery statements, poetries, quotes from religious texts, and of course, devils…

About Adani Group The Adani Group is a diversified conglomerate of companies headquartered in Ahmedabad, Gujarat. Gautam Adani, the founder of the group, had dropped out of college in the second year while pursuing a bachelor’s degree in commerce. Before, starting his business venture, he worked as a diamond sorter…

Here is a brief timeline of the Adani Group’s journey so far – 1988: Gautam Adani starts the Adani Group as a commodity trading business. 1990: The enterprise enters into the import-export business, with products such as frozen foods, dyes, plastic products, agricultural products, etc. 1991-92: Expansion into agri-storage and…

(Disclaimer: This article has been written based on the report by Hindenburg Research on the Adani Group. All facts, disclosures, observations and allegations presented or mentioned in this article are taken from the same report.) Adani vs Hindenburg We often hear stories about how zealous entrepreneurs turn dust into gold…