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STOCK MARKET UPDATES 02/01/2024



 

*    GST collections hit 1.77 trillion Rs in December 2024, up 7.3%: Government. 

*    Government's export arm EIC plans to expand food testing infra to boost exports.

*    UPI transactions surged to a record 16.73 billion in December; valued at 23.25 trillion Rs.

*    CIL arms BCCL, SECL report decline in coal production in April-December period.

*    Hero MotoCorp gets an additional tax demand of 26.4 crore Rs from the I-T department.

*    China's BYD chalks up a new record in EV sales, narrowing the gap with Tesla.

*    Agri, allied sector to grow 3.5-4% in FY25: Shivraj Singh Chouhan.

*    Hyundai Motor reports a 2.4% decline in sales at 55,078 units in December 2024.

*    1.25 lakh hectares of rubber plantation done under project INROAD.

*    Karur Vysya Bank's Q3 FY25 business rises 15% to 1.82 trillion Rs.

*    Viacom18 is now a direct subsidiary of Reliance. CCPS conversion complete.

*    Mumbai-based start-up Manastu tests green propulsion system in space.

*    Commerce ministry planning to expand food testing infrastructure to boost exports: Official.

*    BMW and Yamaha Motor back US rare earths startup Phoenix Tailings.

*    Accel closes eighth India fund with 650 million $ corpus.

*    Toyota Kirloskar Motor's December sales were up 29% at 29,529 units.

*    Reliance Power arm Sasan Power pays 150 million $ debt to IIFCL.

*    Nissan Motor India sales were up 51.42% at 11,676 units in December.

*    Property experts say that Housing prices may show modest growth in 2025.

*    HUA ministry focussed on metro expansion, safety, and affordable housing in 2024.

*    Kia India sales were up 6% in 2024 at 255,038 units.

*    Kirloskar companies to fight in the court SEBI's disclosure order on the family did settlement.

*    US power bank maker sourcing lithium cells from India amidst US-China trade war.

*    Cabinet approves fresh 69,515-crore ₹ outlay for crop insurance schemes.

*    The global steel sector struggling to generate profits, demand increasing in India: Tata Steel CEO.

*    Capex in India: Investment mood returns to a slower pace in Q3.

*    Tobacco exports marked a record 12,005 crores Rs in FY2024.

*    The Agritech sector will create 60-80K new job opportunities in the next 5 years.

*    India met the all-time maximum power demand of 250 GW in 2024.

*    IMD forecasts rain over Delhi and parts of northwest India this week.

*    Property registrations hit a 13-year-high  in Mumbai in 2024 at over 1.41 lakh units: report.

*    Russian Gas Flows Via Ukraine to Europe Stop as the Deal Expires.

*    Air India Wi-Fi: Airline offers in-flight internet services on domestic routes.

*    Commercial LPG prices in metros were cut for the first time in 6 months; ATF was also cheaper.

*    EaseMyTrip: Rikant Pittie replaces Nishant Pitti as CEO.

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