- In the course of the consultations, Sitharaman expressed gratitude to the participants for sharing valuable suggestions and assured experts and representatives that their suggestions would be carefully examined and considered while preparing the Union Budget 2025-26. Additionally, from January 10, 2025, citizens may share their valuable suggestions and ideas for the Union Budget 2025-26 on […]
- Last month, government sources had told CNBC TV18 that a scheme for mandatory hallmarking for silver was currently under consideration and several issues in terms of implementation were being worked out.
- This second iteration of the scheme has been introduced after extensive consultations with industry stakeholders. Officials have taken into account key concerns raised by the sector to attract more companies and investments.
- Santanu Chakrabarti, India Analyst for BFSI at BNP Paribas, expects margins to stabilise after rate cuts, setting the stage for strong earnings growth in FY26.
- The HSBC final India Services Purchasing Managers’ Index, compiled by S&P Global, rose to 59.3 in December from 58.4 in November, its highest since August but lower than a preliminary estimate of 60.8.
- Deloitte’s pre-budget insights highlight reforms for IFSC GIFT City, infrastructure investments, and diversifying financial services. Here’s what the financial services sector seeks from Union Budget 2025 to set the tone for Viksit Bharat 2047.
- The meeting, scheduled to take place under the guidance of Commerce and Industry Minister Piyush Goyal, will involve officials from countries including the US, UK, China, South Korea, Russia, Australia, France, Japan, Indonesia, and Singapore, among others.
- "Union Minister of Steel and Heavy Industries…will launch ’PLI scheme 1.1’ for the steel industry and call for applications…on January 6," the steel ministry said in a statement.
- PM Narendra Modi inaugurated and laid the foundation stone for multiple development projects worth over ₹12,200 crore in Delhi on Sunday, January 5, ahead of the upcoming Delhi elections.
- Stocks to watch, ICICI Prudential, Caplin Point, Bajaj Finserv, Manappuram Finance, Ashoka Buildcon, NESCO, SH Kelkar, Nuvoco Vistas, Akzo Nobel, Power Grid, IndiGo, ICICI Securities, Bharti Airtel, Coal India, Vodafone Idea and more, these are the stocks to watch for today.
- Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,616.05, while Sensex ended at 77,964.99.
- Ustekinumab, which is a monoclonal antibody, is approved for the treatment of Psoriasis Vulgaris and Psoriatic Arthritis (PsA).
- Kalyan Jewellers said that it plans to launch 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter.
- Marketbuzz Podcast: Indian markets may open in the green according to the GIFT Nifty. Watch out for stocks like Zomato, ONGC, IGL, NMDC.
- Despite multiple positive triggers, ONGC is trading at a substantial discount, compared to its historical and peer average valuations.
- The board of state-run Bharat Petroleum Corporation (BPCL) on Monday disclosed that its board has given an in-principle approval for the listing of Maharashtra Natural Gas Ltd. (MNGL) through the IPO route.
- West Texas Intermediate traded near $73 a barrel, after losing 0.5% on Monday, while Brent closed near $76.
- Equities rose in Japan, South Korea and Sydney, with futures pointing to a soft open in Hong Kong. US contracts edged higher in Asia after the S&P 500 rose 0.6% Monday. The Nasdaq 100 added 1.1%. Nvidia Corp. hit a record high ahead of a speech by chief executive Jensen Huang.
- Jefferies has cut Zomato's EBITDA estimate by 12% for financial year 2026 and by 15% for financial year 2025. The profitability estimate has been cut by 17% for financial year 2026 and by 18% for financial year 2027.