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STOCK MARKET UPDATES 30/12/2024



 

*    Indian pharma improves compliance with USFDA; fewer OAI cases in 2024.

*    Foodgrain output will be scaling a new peak in 2025 as the farm sector sees 4% growth.

*    Modest growth raises concerns about the sustainability of market rallies.

*    2025 outlook: RBI's regulatory focus on innovation, stability, and fairness.

*    EEPC India proposes a 'faceless' GST audit system to boost ease of doing business.

*    CCI conducts market study on renewable energy space across BRICS nations.

*    DGTR for anti-dumping duty on PVC paste resin from China, 5 others.

*    India's exports to Australia up 64.4% in November: Commerce ministry data.

*    Motorcycle maker Ultraviolette will accelerate commercial operations in 2025.

*    Telcos face twin challenges on tariffs and upcoming satellite services front.

*    India's increasing oil demand attracting global players: S&P Global Commodity Insights.

*    Indian Railways gears up to equip Kavach 4.0 across its key routes.

*    The country's liquor companies may approach FSSAI for separate standards for Indian single malt whisky.

*    Indian manufacturers see technology adoption as key to profitability, yet allocate less than 10% of budgets.

*    RBI will test CBDC by crediting a portion of allowances to its officers’ digital wallets.

*    GJEPC seeks government support to promote diamond exports and protect jobs.

*    The government asks imported coal-based power plants to run at full capacity till February 28.

*    Government cancels auction of 11 critical mineral blocks.

*    India-Australia bilateral goods trade more than doubled in FY23: Government.

*    Private banks achieve priority sector targets for the first time in FY'24.

*    Tech investments by manufacturing firms will likely rise, CII report says.

*    EV financing no longer risky, says Shriram Finance's Umesh Revankar.

*    Market cap of 6 of top 10 most valuable firms jumps 86,848 crore ₹.

*    Housing supply is up 44% in NCR this year to 53K units; luxury home share in launches a 60%: Anarock.

*    India to boost power generation, and transmission infra to achieve 24X7 power for all in 2025.

*    Indian economy to grow a 6.5-6.8% in FY25 on higher domestic consumption: Deloitte.

*    CII seeks excise duty cut for petrol and diesel in FY26 Budget.

*    Headcount at state-owned banks slumps to lowest in 13 years according to RBI data.

*    CII urges the Finance Ministry to measure the Union Budget for consumption boost 2025.

*    Fintech’s new fuel: Venture debt takes center stage amid a funding crunch.

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