The government's focus on energy security encompasses a diverse range of strategies, from promoting renewables to developing advanced nuclear technologies.

However, except for Kotak Bank and Federal Bank, all banking stocks plunged into the red on July 23, following the 2024 Budget's lack of major sector reforms. Shares of Axis Bank, ICICI Bank, HDFC Bank, SBI, Bank of Baroda, and IndusInd Bank fell by up to 1 per cent.

The Government of India’s focus on higher allocations for rural development, agriculture, and allied services, along with schemes for employment and skilling of youth, is expected to boost both rural and urban consumption for consumer products.

Real estates stocks hits downs as proposed to eliminate the indexation benefit. 

With the recent budget developments, the IT sector is expected to reach new heights, given the anticipated positive impacts.

In conclusion, the Railway Budget 2024 was a missed opportunity to unveil exciting new plans.

Finance Nirmala Sitharaman announced the PM Surya Ghar Muft Bijli Yojana, a Pumped Storage Policy, Advanced Ultra Super Critical Thermal Power Plants, and more. Complete details inside.

FM Sitharaman revises tax slabs under the new regime, announces tax benefits up to Rs 17,500.

Top textile stocks had mixed reactions to Budget 2024-25 announcements aimed at boosting exports and competitiveness in the sector.

The increased funding for MGNREGA, agricultural support, and the focus on improving productivity in agriculture is expected to raise disposable incomes in rural areas, leading to higher rural consumption and benefiting FMCG companies.

Finance Minister Nirmala Sitharaman has presented an extensive plan to improve the nation’s infrastructure in the Union Budget 2024-25.