Page 2 - Edited Excerpts News Today

Razorpay received the final approval from the Reserve Bank of India to operate as a payment aggregator on December 19. Mathur says company is very much ready, and can on-board merchants from day one.

Harsh Goela and CFA Aditya Goela, Co-founders, Goela School of Finance, believe the upcoming budget will focus on rural economys revival. They hope the government addresses inflation by considering tax reductions.

Prateek Pant, Chief Business Officer of WhiteOak Capital Asset Management, does not expect major announcements in this budget. The government will likely maintain a path of policy, continuity focusing on higher capex growth, he said in an interview with MintGenie.

Hughes Communications: "India is one of the large and unexplored untapped markets. The satellite industry has to innovate and find the niches and complementary solutions so that we can realize the full potential that satellite communication services can do for the country."

One of the worlds fastest-growing economies, India is expected to outpace global trade growth and the MSME sector is poised to play a significant role in realising this potential, , india, finance, micro small and medium enterprises, trade barriers, tariffs, trade agreements, global supply chain, said Kalyan Basu, Vayana TradeXchange, interview

Vinit Bolinjkar, Head of Research, Ventura Securities, sees the Nifty around 24,000-25,000 by next Diwali, which implies a 24-29 percent upside. A decent allocation of 10 percent of the portfolio in gold provides stability, he advised investors.

"A very strong buying action was seen in Zomato. Even if you look at the longer-term chart timeframe, since the last seven or eight months, the stock is in an uptrend. If you look at the weekly as well as the monthly chart, the stock is clearly moving in an up-sloping channel. That clearly shows that the trend is intact on the bullish side."

Manish Jain, Fund Manager, Coffee Can PMS, Ambit Asset Management, believes that the Indian market can double in the next 5 years. Dont get swayed by near-term momentum and always aim for long-term wealth creation by investing in quality businesses, Jain advised investors.

Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities, believes that geopolitical risks and rising US bond yields are major worries. In an interview with Livemint, he recommends sticking to companies that are delivering consistently rather than trying to bottom-fish.

Picks BFSI, healthcare and a few consumer firms as attractive bets based on valuations and consistent earnings growth