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STOCK MARKET UPDATES 01/02/2025



 

*    Data shows that the fiscal deficit for April-December is 56.7% of the full-year target.

*    India's January Russian crude imports surge despite sanctions, but risks loom.

*    RBI injects 5.1 billion $ in liquidity through an oversubscribed FX swap auction.

*    The government capex rose 8.2% from July to November 2024, led by defense, railways, and roads.

*    Data shows that forex reserves increased 5.57 billion $ to $629.55 billion $.

*    India Inc. investments will rebound as the Economic Survey signals recovery.

*    PNB Q3FY25 results: Net profit rises 102% to 4,508 crore Rs and NII up 7.2%.

*    Mumbai sees highest January property registrations in 13 years: Knight Frank.

*    Give back to entrepreneurs & households their time and mental bandwidth: CEA.

*    Net card spending rises 60% as credit card additions rise to 4 month high.

*    Vedanta Q3 results: Net profit rises 76% to 3,547 crore Rs on higher income.

*    Lodha brothers agree to solve the trademark dispute through mediation.

*    Ola Electric corners 25% market share in January and reclaims top spot in EV 2-wheelers.

*    India’s core sector output increased by 4% in December.

*    Governments emphasize improving quality of life in rural areas: Economic Survey.

*    Captain Fresh raises 250 crore Rs in a pre-IPO funding round.

*    Indian cloud computing firm Ace Cloud will offer DeepSeek GenAI models.

*    Indian data center market expected to grow to 11.6 billion USD by 2032: Economic Survey.

*    The CEO said the Bank of Baroda aims to double the balance sheet in five years.

*    Eco Survey administers a big dose of reality to Indian pharma.

*    Indian G-Sec bonds debut Bloomberg EM Index today.

*    Survey calls for tax breaks on EVs and subsidies on renewable energy for low-carbon lifestyles.

*    The CEO said Indian solar module maker Waaree was confident of US demand despite Trump policy worries.

*    Amid Apple's record streak in India, iPhone sales hit 10 billion $.

*    Sun Pharma Q3 results: Net profit up 15% YoY to 2,903.4 crore Rs and revenue up 10%.

*    Orsted Replaces CEO after failure to turn around wind firm.

*    Financial sector regulation must balance growth and stability: Economic Survey.

*    Economic Survey 2025: IBC nudging companies will resolve their distress early.

*    Real estate companies anticipate reforms in Budget 2025: Key themes.

*    Inox Wind Energy Q3 Results: Co posts 38.80 crore RS profit vs YoY loss.

*    Tim Cook confirms that Apple Intelligence will roll out to India in April.

*    Gaja Capital will become the first Indian PE firm to go public with 500 crore Rs IPO.

*    BOJ governor said Japan’s underlying inflation is still slightly below target. 

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