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Source: Live Mint With Budget 2025 behind us, the focus now shifts to the next market trigger—the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting, scheduled for February 5-7. The Union Budget 2024 offered a big relief to the Indian middle class by tweaking tax rates. Finance Minister Nirmala Sitharaman announced making income up…
Source: Live Mint In a piece of good news for the stock market investors, the Narendra Modi government announced a proposal to raise the tax deducted at source (TDS) limit on dividend income in the Union Budget 2025-26 from ₹5,000 to ₹10,000. The move, which comes as part of TDS threshold rationalization, is a boost…
Source: Live Mint Expert view: Prashanth Tapse, Senior VP of Research at Mehta Equities, views Budget 2025 as positive for investors, particularly as it favors consumption-driven sectors. While the income tax reduction aims to enhance the spending power of the middle class, measures such as increasing the FDI limit in the insurance sector and focusing…
Source: Live Mint The Union Budget provided a major relief to middle-class taxpayers as Finance Minister Nirmala Sitharaman raised the income tax exemption limit to ₹12 lakh. According to stock market analysts, this move could increase the disposable income in the hands of the middle class, which could flow into the stock markets, providing further…
Source: Live Mint Shares of ITDC, ITC Hotels, and Lemon Tree rose by up to 8% on February 1, following the Finance Minister’s announcement of measures to enhance the tourism sector in the Budget speech. Read Full Article
Source: Live Mint Indian markets experienced a volatile January, oscillating sharply amid a blend of global and domestic uncertainties that kept investors cautious. While frontline indices regained strength over the last couple of trading sessions, they ended January with a drop of over 0.5%, marking the fourth consecutive month of losses for the Nifty 50…
Source: Live Mint PNB Q3 Results: Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of ₹4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from ₹2,222.8 crore, in the year-ago quarter. Sequentially, it…
Source: Live Mint Railway stocks to buy on Budget 2025 date: Union Finance Minister Nirmala Sitharaman is set to announce the Union Budget for the financial year 2025-26 on Saturday, February 1. Stock market experts shed light on railway stocks to buy on Budget Day. Also Read | Budget 2025-26: Will Nirmala Sitharaman deliver a…
Source: Live Mint After a two-day Federal Open Market Committee (FOMC) meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture. The US Fed chair Jerome Powell-led rate-setting panel last cut rates for three straight meetings starting September 2024 for the first time…
Source: Live Mint Ellenbarrie Industrial Gases IPO: Ellenbarrie Industrial Gases Limited received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on September 18, 2024. Ellenbarrie Industrial Gases Limited is a firm…
