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STOCK MARKET UPDATES 03/02/2025



 

*    FM cites India's fiscal discipline as key to Moody's unchanged ratings. 

*    India's medical tourism is poised for expansion with relaxed visa rules. 

*    Emphasis on green transition to strengthen India's clean energy leadership. 

*    Strategic petroleum reserves get a 5,597 crore Rs allocation boost in the Budget.

*    HMPL will invest 2,500 crore Rs in a 500 MW solar project in Andhra Pradesh. 

*    Budget: Allocation for export promotion schemes dips 17% to 2,250 crore Rs. 

*    Budget: Railway capex stays flat; revenue receipts set to cross 3 trillion Rs. 

*    Customs duty cuts in certain areas to benefit American exports: GTRI. 

*    Sebi mulls safe UPI payment mechanism for registered market intermediaries. 

*    Budget 2025: Investment and turnover limits for MSMEs hiked up to 2.5 times. 

*    NPCI data shows that UPI volume reached a new peak of 16.99 billion in January. 

*    India emerges as a global export hub and shipments expand to 65 countries: Nissan. 

*    Reliance brings Shein back to India after the 2020 app ban. 

*    Frequent extreme weather events driving food inflation in India: Government report. 

*    Ola Electric's market share increases to 25.8% in January. 

*    New tax structure will benefit 5.65 crore taxpayers and collectively save around Rs 1 Lac crore in taxes: SBI. 

*    Customs duty cuts in certain areas to benefit American exports: GTRI. 

*    India's power consumption growth subdued at 3% to 137.49 billion units in January. 

*    The legal filing shows that Volkswagen sues India to quash the 'enormous' 1.4 billion $ tax demand.  

*    Power, PSUs' investments will rise nearly 21% to 86,138 crore Rs in FY26.

*    Coal India reports first monthly production de-growth of 0.8% in January 2025. 

*    CAG building infra & processes will harness AI&ML: Sanjay Murthy. 

*    India's sugar production will dip by 12% in the 2025 season and forecast below 27 MMT: Report. 

*    Personal income tax buoyancy helped to offer relief said the Finance secretary. 

*    Battery prices will reduce by 10% after Budget 2025: Attero Recycling CEO. 

*    WeWork India files DRHP with SEBI to raise funds via IPO. 

*    India's nuclear energy ambitions: Aiming for 100 GW by 2047. 

*    Texmaco Q3 profit grows over 2-fold to 76 crore Rs; order book touches 7,612 crore Rs. 

*    China says it will challenge US tariffs under WTO after Mexico and Canada. 

*    Insurance FDI hike may spur capital inflows of up to 12 billion $. 

*    After Budget 2025 fires up hopes for urban consumption and eyes on RBI for a rate cut. 

*    Healthcare gets a push: 99,858 crore Rs allocated, but still below 2% of budget. 

*    Centre sets new five-year target to cut debt to half of GDP.

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