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The Union Budget for 2024-25, unveiled today, marks the inaugural budget of the new coalition government, meeting high expectations from both industry stakeholders and the general public. The budget's central theme aligns with the ambitions of a yout
The Union Budget for the fiscal year 2025 places a strong emphasis on the financial sector's vital role in fostering economic growth. This is achieved through several strategic announcements designed to enhance credit flow to key sectors and optimize
Union Finance Minister Nirmala Sitharaman took center stage on July 23, 2024, as she presented the Union Budget for 2024-25, marking her seventh consecutive Budget presentation. The stock market's reaction was heavily influenced by the Budget prop
In early trading, the benchmark indices Nifty and Sensex showed minimal movement, while broader market indices performed better as investors adjusted to the new capital market taxation changes following the Union Budget. The Sensex opened 0.16% lower
The Indian stock market experienced significant fluctuations on Budget day, with equity benchmarks oscillating between gains and losses. The bearish trend intensified during Finance Minister Nirmala Sitharaman’s budget speech, but the market eventu
FMCG stocks experienced a rise after Finance Minister Nirmala Sitharaman announced schemes in the Union Budget 2024 to boost employment, leading to higher incomes and increased demand for consumer staple products. The Finance Minister stated, "The go
KNR Constructions, PNR Infratech, and other construction and infrastructure-related stocks saw an uptick after Finance Minister Nirmala Sitharaman announced new infrastructure projects for Bihar in her Budget speech. The Budget revealed significant i
Agricultural stocks surged up to 11% after Finance Minister Nirmala Sitharaman announced new initiatives to boost agricultural productivity and the production of pulses and oilseeds in the Union Budget 2024. The budget allocated ₹1.52 lakh crore fo
On the afternoon of July 23, both the Sensex and Nifty indices saw sharp declines, each losing over 1%. This followed Finance Minister Nirmala Sitharaman's announcement of higher capital gains tax and an increased securities transaction tax (STT) on
About 1.9% of entire Union Budget for FY24 was allotted by the government to the Agriculture & Allied sector, & another 1.3% went toward PM KISAN Yojana support for small & marginal farmers. Gross Value Added (GVA) of agriculture &
Due to subdued demand and pricing pressures, the cement industry is anticipated to report modest revenue and profit growth for the quarter ending June 2024. Analysts suggest that factors such as general elections, labor shortages, extreme heat waves,
The crypto industry has several key expectations from the upcoming Union budget, including a reduction in transaction tax, the ability to set off losses, treating capital gains from crypto assets the same as other income sources, and the establishmen
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