The 2025 budget aims to boost lithium-ion battery production through capital goods exemptions, aiming to reduce costs and imports.

Massive Infrastructure Push with Rs 1.5 lakh crore for States, Focus on PPPs, Water, and Urban Development.

Stocks Fall as FY25 Spending Target Falls Short of Expectations, Raising Concerns About Growth.

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.

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.

The Union Budget 2025 lays a strong foundation for India's manufacturing sector, emphasizing ease of doing business, cost efficiency, technological advancements, and financial support for MSMEs.

Market breadth remained balanced, with 1,295 stocks advancing against 1,412 declining, suggesting a stock-specific approach by investors in the post-budget session.

The Union Budget 2025 introduces several significant measures aimed at strengthening the banking sector, enhancing credit accessibility, and simplifying financial processes. 

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.

The Union Budget 2025 has introduced several measures to strengthen India's real estate and construction sectors.

The budget allocates Rs 500 crore for a Centre of Excellence (CoE) in AI, which will support research and innovation in artificial intelligence.

Despite the lack of major announcements, some railway-related measures were included.