Page 32 - Latest Updates on Budget 2025-26

Budget 2025: Will govt accept farmer demands for assured procurement?

Agriculture Minister Shivraj Singh Chouhan will resume talks with protesting farmers next month to resolved procurement and Minimum Support Price issues

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?

Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.

Indian bonds poised to rally further on account of borrowing cut bets

The 10-year yield is expected to drop to 6.50 per cent by the end of the year, as per the Bloomberg poll, suggesting over 17 basis points easing from the current levels

Budget 2025: MakeMyTrip CEO seeks industry status for hospitality

Ahead of the Union Budget, MakeMyTrip co-founder and Group CEO Rajesh Magow on Monday said the hospitality sector's long-pending demand for an "industry status and continued focus on infrastructure development to ensure last-mile connectivity are crucial to realising its full potential. In an interview with PTI, Magow shared his wishlist for the Union Budget for 2025-26, to be presented on February 1. "The hope is that it should be growth-oriented budget, which effectively should set the tone for pretty much every sector, including travel and tourism sector for us as well. And within that, you know, the long pending demand of the hospitality sector, on getting the industry status continues to remain, and I think, and it's an important one, for the overall industry," Magow said. Asserting that the government has been doing a "great job" of allocating more funds towards infrastructure development, he said it is important to keep up with the pace of allocation as well as ...

Union Budget 2025 expectations highlights: "Will Budget 2025 boost EV growth and manufacturing?

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Budget 2025: Brokerages predict income tax cuts, consumption boost

Any hike in welfare spending could act as a sentimental positive for cement and rural recovery, said Jefferies, betting on Bharti Airtel, Ultratech Cement and TVS Motor to benefit from such calls

Will Union Budget 2025 focus on enhancing rural internet accessibility?

Union Budget 2025: With Finance Minister Nirmala Sitharaman set to present Budget 2025, the telecommunication industry expects measures directed towards rising internet penetration in rural India

Jindal Stainless seeks nil import duty on molybdenum ore, raw materials

Ahead of the Union budget, Jindal Stainless has pitched for bringing down to nil the import duties on critical raw materials such as molybdenum ore, and continuing with zero duties on pure nickel, ferro-nickel, stainless steel scrap and mild steel scrap. Union Finance Minister Nirmala Sitharaman will present the Budget in the Parliament on February 1. Molybdenum is used in alloys like ultra-strong steel which is resistant to corrosion and wear. The prevailing customs duty on molybdenum ore is five per cent. In a statement Jindal Stainless Managing Director Abhyuday Jindal said, "We recommend reducing import duties to zero on critical raw materials unavailable in India, such as molybdenum ore, and continuing with zero duties on pure nickel, ferro-nickel, stainless steel scrap, and mild steel scrap." In a bid to give a boost to the demand of stainless steel, Jindal said that the government should continue to prioritise infrastructure spending, with a strong focus on developing mobili

Raise Budget allocation in upskilling schemes for good workforce: Tata Tech

Ahead of the Union Budget, Tata Technologies on Monday called for increased allocation toward upskilling initiatives aligned with Industry 4.0 to create a future-ready workforce. In order to achieve India's ambitious goals outlined in the roadmap for a USD 5 trillion economy, the budget should prioritise innovation-driven policies, investments in emerging technologies, and the development of products in India, for India and the world, Tata Technologies CEO & MD Warren Harris said in a statement. Key growth drivers such as smart manufacturing, AI, digital transformation, and software-defined vehicles (SDVs) require strong government backing through incentives for R&D, skill development, and infrastructure enhancement, he noted. Outlining the company's expectations from the budget, Harris said,"We recommend increased allocation toward upskilling initiatives aligned with Industry 4.0, creating a future-ready workforce capable of excelling in advanced technologies like AI, IoT, ...

Time to buy, sell, or hold stocks amid market sell-off? Analyst view here

IT, pharma, cement, and other sectors look attractive to analysts with no pre-budget rally in picture

Congress demands hike in MGNREGA wages to Rs 400 per day in Union Budget

Accusing the Modi government of perpetuating a policy of indifference to the plight of MGNREGA workers, the Congress on Monday demanded that the Union Budget must increase MGNREGA wages and the Aadhar Based Payment Bridge Systems not be made mandatory. The opposition party demanded that MGNREGA wages be increased with the goal of hitting Rs 400 per day as a national minimum wage. In a statement, Congress general secretary in-charge communications Jairam Ramesh said MGNREGA wages cannot be set by the arbitrary whims of the government. He said a Standing Committee must be established to evaluate the need for changes in the wage rate. The Aadhar Based Payment Bridge Systems (ABPS) must not be made mandatory, Ramesh said. He also put forward the demand that the number of workdays under MGNREGA must be increased from 100 to 150 days. "One of the earliest indications of Prime Minister (Narendra) Modi's uncaring attitude and shortsightedness was his mockery of MGNREGA on the floor of ..

IRCTC, RVNL: Can Budget 2025 trigger a rally in rail stocks? Tech view here

Railway-related stocks such as IRCTC, RVNL, Texmaco, RailTel and Container Corp are testing support on the long-term charts; as long as these supports are respected a pullback rally seems possible.

Budget week: Volatility to rise; Sensex may swing in this 4,000-pt range

The Sensex needs to sustain above 77,000-mark for igniting a pre-Budget rally; Nifty daily chart shows that bearish momentum was showing some signs of tapering-off. India VIX likely to rise this week.

Union Budget 2025: More of the same with similar outcomes expected

Every single feature of India's lower middle-income status remains intact

A Budget beyond popcorn: Focus on capex and consumer-driven growth

The government needs to spend more on capex and allow consumers to have money in their pockets if it wants growth. Let's focus on the real issues

US-India Tax Forum proposes simplifying TDS, customs tariff structure

To establish GIFT City as a global financial hub, the Forum has proposed tax exemptions on dividends and financial transactions

Budget 2025: Tech industry pushes for deep-tech fund, safe harbour tweaks

India's apex IT industry body Nasscom has batted for tweaks in safe harbour rules and widening the scope for utilisation of SEZ reinvestment reserves in its Budget wishlist, while advocating for creation of a central deeptech fund to bolster startup ecosystem in India. Creation of a grant framework for the deeptech ecosystem, and making the deferment of the time of payment of tax on Employee Stock Option Plan available to employees of all DPIIT-recognized startups also tops the Budget expectations of the industry. The Union Budget for financial year 2025-26 is scheduled to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1, 2025. For the USD 250 billion export-led Indian IT industry, the Budget comes amid continued global macro headwinds, geopolitical risks, and growing unease about possibility of sudden policy and tariff moves by the US, where President Donald Trump has promised to script a new, glorious chapter for America with his headline-grabbing ..

Wishlist for Budget 2025: Urgency to uplift India's manufacturing

Jobs are one of the country's fundamental problems, and manufacturing is the easy answer to this problem

Budget 2025: Hospitality sector seeks infra status, tax rates reforms

Lack of infrastructure status, rationalisation of tax rates, easier visa processes and more incentives by state governments to promote investments are some of the key issues that need to be addressed for India's hospitality sector to realise its full potential, Hotel Association of India President K B Kachru said ahead of the Budget. In an interview to PTI, Kachru, emphasised upon the need for India to be marketed in a better fashion, and noted that countries like Japan, South Korea and Thailand have been able to grow their GDP by giving importance to the tourism sector. He emphasised upon the need for India to identify and promote MICE (Meetings, Incentives, Conferences, and Exhibitions) destinations with high potential, and work towards building the required infrastructure to draw tourists globally. "We need investment. Investment can't be done by the government alone. Private sector has to come in and invest. What would motivate them to invest in the country is they must have a .

Budget, earnings major driving factors for markets this week: Analysts

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming Union Budget and Q3 earnings, analysts said. Besides, global factors, trading activity of foreign investors, rupee-dollar trend and movement of international oil benchmark Brent crude would also influence trading in the equity market, according to experts. "All eyes are now on the upcoming Union Budget, scheduled for February 1, as the market looks for a meaningful trigger to shift sentiment positively. The ongoing Q3 earnings season has been lacklustre so far, especially in the consumption and financial sectors. "On the global front, the Federal Open Market Committee (FOMC) policy meeting will be critical," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Additionally, movements in the US bond yields and the Dollar Index will remain important to track. Signs of reversals in these two areas could drive positivity in glo