Sensex ends in red on Interim Budget day
Mumbai, Feb 1 - The domestic market was marginally disappointed by lower than expected infra spending in the Interim Budget, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday.
SpiceJet commences flight operations from Ayodhya
New Delhi, Feb 1 - Civil Aviation Minister Jyotiraditya Scindia and Uttar Pradesh Chief Minister Yogi Adityanath on Thursday virtually flagged off a SpiceJet flight from Ayodhya as the airline commenced its operations from the UP city to seven domestic destinations through non-stop
It’s transformative Viksit Bharat Budget: Pralhad Joshi
Bengaluru, Feb 1 - Union Minister for Mine, Coal and Parliamentary Affairs Pralhad Joshi, praising the union budget on Thursday said that it is a transformative Viksit Bharat Budget.
Musk announces to shift Tesla’s incorporation to Texas after $56bn pay snub
New Delhi, Feb 1 - Tesla and SpaceX CEO Elon Musk has announced that Tesla will move immediately to hold a shareholder vote to change its legal home from the US state of Delaware to Texas.
Upgrading regular rail bogies to Vande Bharat standards a dynamic move: Jupiter Wagon Ltd
Kolkata, Feb 1 - Hailing Finance Minister Nirmala Sitharaman's announcement of plans to upgrade 40,000 regular bogies to Vande Bharat standards, mobility solutions provider Jupiter Wagons Limited managing director Vivek Lohia, said it is a dynamic move in the right direction.
Aurobindo Pharma shares down more than 6% amid US FDA inspection
New Delhi, Feb 1 - Aurobindo Pharma shares fell more than 6 per cent on Thursday amid an inspection by the US Food and Drug Administration (FDA).
Interim Budget indicated high political confidence in BJP’s tone: S&P Global Market Intelligence
New Delhi, Feb 1 - The announcement of the interim budget for fiscal year (FY) 2024–25 by Union Finance Minister Nirmala Sitharaman reflected the ruling BJP's mood for the 2024 Lok Sabha elections, S&P Global Market Intelligence said in a report on Thursday.
Defence gets Rs 6.21 lakh crore in Interim Budget 2024-25
New Delhi, Feb 1 - The government on Thursday hiked the Defence Budget to Rs 6.21 lakh crore in the Interim Budget for 2024-25 -- 4.72 per cent higher than the previous year's allocation of Rs 5.94 lakh crore.
Interim Budget indicated high political confidence in BJP’s tone: S&P Global Market Intelligence
New Delhi, Feb 1 - The announcement of the interim budget for fiscal year (FY) 2024–25 by Union Finance Minister Nirmala Sitharaman reflected the ruling BJP's mood for the 2024 Lok Sabha elections, S&P Global Market Intelligence said in a report on Thursday.
FM gives major thrust to boost farmers’ incomes, aims for self-reliance in oilseeds
New Delhi, Feb 1 - The Interim Budget, presented by Finance Minister Nirmala Sitharaman, on Thursday gives a major thrust to stepping up value addition in the agricultural sector and boosting farmers’ incomes.
Establishing of corpus for research & innovation biggest interim budget takeaway: Tejasvi Surya
Bengaluru, Feb 1 - Bengaluru South MP Tejasvi Surya on Thursday said that the biggest takeaway for Bengaluru from the Interim Budget presented by Finance Minister Nirmala Sitaraman was the establishment of a corpus for research and innovation.
India Cements share price plunges over 6% after ED search
New Delhi, Feb 1 - The Enforcement Directorate (ED) has carried out a search operation at the corporate office of India Cements in Chennai.
Large section of small taxpayers to be benefit from move to withdraw old tax demands
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman's announcement while presenting the Interim Budget on Thursday to do away with and withdraw old outstanding tax demands of up to Rs 25,000, which are still appearing in the government’s books as ‘outstanding tax
Blue Economy 2.0: Five integrated Aqua Parks to be set up
New Delhi, 1 Feb - In a bid to boost the fisheries sector, Finance Minister Nirmala Sitharaman has said that five integrated Aqua Parks will be set up in India.=
Rs 1 lakh cr corpus for tech-savvy youth to herald new innovation era: Industry
New Delhi, Feb 1 - The Rs 1 lakh crore corpus to provide long-term, interest-free financing for the youth in the technology sector is a positive measure as access to capital is a critical factor to support innovation and growth in sunrise industries
Finance Minister announces setting up of more medical colleges
New Delhi, 1 Feb - With focus on Yuva Shakti and marching towards the goal of a Viksit Bharat by 2047, Finance Minister, Nirmala Sitharaman proposed setting up of more medical colleges in India, as she presented the Interim Budget 2024-25 in Parliament
It’s an inclusive & innovative budget: PM Modi
New Delhi, Feb 1 - Prime Minister Narendra Modi hailed the budget presented in Parliament on Thursday, saying that it is not merely an interim budget but an inclusive and innovative budget.
Home is where Ram is – people queue up to buy property in Ayodhya
Ayodhya, Feb 1 - Home is where Ram is -- that is what people now believe.
Govt to form committee to address fast population growth: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government will form a high-powered committee for an extensive consideration of the challenges arising from fast population growth and demographic changes.
Interim Budget seen as neutral to mildly positive for equities
New Delhi, Feb 1 - The impact of the Interim Budget on equity markets will be neutral to mildly positive for the near term and other emerging triggers will drive its trajectory later, HDFC Securities MD & CEO Dhiraj Relli said.