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.

Explore the budget expectations for the automotive industry to stay updated and seize emerging opportunities.

Explore the budget expectations for the real estate industry to stay updated and seize emerging opportunities.

Explore the budget expectations for the defence industry to stay updated and seize emerging opportunities.

Explore the budget expectations for the railway industry to stay updated and seize emerging opportunities.

Explore the budget expectations for the agriculture sector to stay updated and seize emerging opportunities.

Explore the budget expectations for taxation policies focused on benefiting the low and middle-income groups.

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.

The company’s shares have delivered an impressive return of over 120 per cent in just 1 year only.

The budget is expected to be progressive, with a potential rise in populism.

Investors could trade in the stocks in the sectors expected to benefit listed above ahead of the budget as current market levels mean that investments in them may have to wait till after analysing the fine print of the budget.

Authored by Raman Bhatia, Founder & Managing Director of Servotech Power Systems Ltd, this article shares his valuable insights about the EV and solar industry

The visionary interim union budget 2024-25 for growth, welfare, and fiscal rectitude

Unlock valuable insights into the budget's impact through the perspectives shared by experts

Here are the Automobile and Renewable Energy industry provisions included in the Interim Budget 2024.

Expert opinions that can provide valuable insights into market expectations for the budget.

In the Union Budget, Finance Minister Nirmala Sitharaman announced the highest-ever capital outlay for railways of Rs 2.4 lakh crore, which is nine times the amount of FY14.  

The government has allocated Rs 20,000 crore towards building hydrogen economy in India

The company declared an interim dividend of 200 per cent, i.e, Rs 4 per share

Among the Nifty top gainers were Mahindra & Mahindra, Ultra Tech Cement, SBI, Adani Enterprises and Adani Ports while Bajaj Finance, TCS, Tech Mahindra, Britannia and Sun Pharma were among the top losers

Today, the Indian benchmark indices were trading flat and BSE Telecommunication Index was leading the gainers on the second straight day. 

The use of Kisan drones for crop assessments, land records, spraying of insecticides is expected to drive a wave of technology in the Agri & farming sector, FM announced. 

The FY22 expenditure was revised to Rs 37.7 lakh crore. Also, the FY22 fiscal deficit is estimated at 6.9 per cent of the GDP. In FY23, the fiscal deficit was pegged at 6.4 per cent of the GDP. Also, the FY23 Capex is targeted at Rs 7.50 lakh crore. FY23 effective Capex was seen at Rs 10.7 lakh crore. The SMEs and the MSMEs have continued to be under stress due to the successive waves of the pandemic, which have not only disrupted their operations but also, impacted demand, particularly in services. The extension and expansion of the ECLGS Scheme to Rs 5 lakh crore is a step in the right direction to provide further liquidity relief to these sectors. Further, the plans to revamp the credit guarantee fund have been announced to make it more effective. New railway routes have been planned, which would benefit SMEs as well as the farmers.   

The markets reacted positively to the Budget wherein, Sensex surged up to almost 974 points, marking the day’s high and is now at 58,159.13, up by 144.96 or 0.27 per cent higher than the last trading session.  

The Union Budget is one of the biggest events for the stock market every year. Investors keenly look forward to the announcements made by the finance minister to understand which sectors are being prioritized by the government.