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. DSIJ Intelligence / Saturday, February 1, 2025 0 283 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
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. DSIJ Intelligence / Saturday, February 1, 2025 0 156 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
Key Stocks and Themes to Watch During the Budget 2024 Announcement Key Stocks and Themes to Watch During the Budget 2024 Announcement Finance Minister Nirmala Sitharaman will present the first full budget of the Modi 3.0 government. This marks her seventh consecutive budget DSIJ Intelligence / Tuesday, July 23, 2024 0 404 Article rating: 5.0 The government might introduce a significant interest subsidy scheme for the urban poor and middle class, potentially providing a substantial boost to these housing finance companies. Read more