Union Budget 2025: Key Measures to Boost India’s Electric Vehicle Sector Union Budget 2025: Key Measures to Boost India’s Electric Vehicle Sector Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26, with a focus on accelerating the growth of India’s electric vehicle (EV) sector. Manoj Reddy Sama / Saturday, February 1, 2025 0 205 Article rating: 5.0 A major highlight in the Budget is the removal of Basic Customs Duty (BCD) on specific key minerals essential for EV battery production. This includes minerals like cobalt powder, zinc, lead, and lithium-ion battery scraps. Read more
Union Budget 2025 on Solar Sector: Investing in a Brighter Future with Rs 1,500 Crore for Solar Power; Stocks To Watch In Upcoming Trading Sessions Union Budget 2025 on Solar Sector: Investing in a Brighter Future with Rs 1,500 Crore for Solar Power; Stocks To Watch In Upcoming Trading Sessions India's commitment to solar energy has been further emphasized in the Union Budget 2025, with a Rs 1,500 crore allocation to the solar power grid segment. Kiran Shroff / Saturday, February 1, 2025 0 259 Article rating: 4.5 This follows a significant increase in funding in recent years, with over Rs 8,000 crore allocated in the previous fiscal year, a substantial jump from the Rs 4,757 crore revised estimate for FY23-24. Read more
Jewellery Stocks Surge as Budget 2025 Cuts Customs Duty Jewellery Stocks Surge as Budget 2025 Cuts Customs Duty Jewellery stocks soared on February 1 after Finance Minister Nirmala Sitharaman announced a customs duty reduction, boosting investor confidence. Manoj Reddy Sama / Saturday, February 1, 2025 0 112 Article rating: 5.0 The Finance Minister lowered the customs duty on jewellery articles and parts from 25 per cent to 20 per cent, effective February 2, 2025. Additionally, platinum findings will now attract a 5 per cent duty instead of 25 per cent. Read more
Union Budget 2025: How It Boosts India’s Data Center Sector Union Budget 2025: How It Boosts India’s Data Center Sector The budget allocates Rs 500 crore for a Centre of Excellence (CoE) in AI, which will support research and innovation in artificial intelligence. Manoj Reddy Sama / Saturday, February 1, 2025 0 226 Article rating: 4.3 The budget allocates Rs 500 crore for a Centre of Excellence (CoE) in AI, which will support research and innovation in artificial intelligence. Read more
Union Budget 2025 on Railway Sector: Rs 2,52,000 Crore Capex Fixed; Railway Stocks To Watch In Upcoming Trading Sessions Union Budget 2025 on Railway Sector: Rs 2,52,000 Crore Capex Fixed; Railway Stocks To Watch In Upcoming Trading Sessions For the second consecutive year, the Indian Railways' capital expenditure for the financial year 2025-26 is set at Rs 2.52 lakh crore, focusing on safety and electrification. Kiran Shroff / Saturday, February 1, 2025 1 213 Article rating: 3.7 Despite the lack of major announcements, some railway-related measures were included. Read more