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Footwear stocks surge as FM announces boost for footwear and leather sector

Mumbai, Feb. 1 -- A focused products scheme will be introduced to support design capacity, component manufacturing, and machinery required for producing non-leather footwear, alongside support for lea... Read More


FDI in insurance hiked to 100%, New income tax bill; announces FM Sitharaman

Mumbai, Feb. 1 -- The Finance Minister has hiked FDI in insurance sector from 75% to 100%. A new income tax code will be announced in next week. She proposed to introduce new Income Tax bill next wee... Read More


Auto stocks rally as FM announces push for solar PV cells & EV batteries ecosystem

Mumbai, Feb. 1 -- Amara Raja Energy & Mobility rose 3.48%, Exide Industries gained 1.88%, and JBM Auto increased by 0.85% following the Finance Minister's announcement that the government aims to enha... Read More


Water sector shares rise after Govt extends Jal Jeevan Mission till 2028

Mumbai, Feb. 1 -- In her Budget Speech, the Finance Minister said: "Jal jeevan mission extended till 2028 to ensure 100 percent coverage. Since 2019, 80 percent coverage of rural population has been a... Read More


Policy support to upgrade infrastructure in the country

Mumbai, Feb. 1 -- The Finance Minister announced measures to upgrade infrastructure in the country. The FM announced that each infrastructure ministry to come up with 3 PPP proposals. The FM also men... Read More


Hospital stocks surge following FMs announcement of cancer centers in district hospital

Mumbai, Feb. 1 -- Krsnaa Diagnostics (up 4.03%), Max Healthcare (up 1.95%), Jupiter Life Line Hospitals (up 1.75%), GPT Healthcare (up 1.84%), Indraprastha Medical Corp. (up 2.28%), Apollo Hospitals E... Read More


Investment is 3rd engine of growth, skilling programmes announced by FM

Mumbai, Feb. 1 -- India's 3rd engine of growth is Investment. The government announced National Manufacturing Mission to support clean tech manufacturing to support domestic production of EV batterie... Read More


National Manufacturing Mission to enhance Make in India, become global hub for toys: says FM

Mumbai, Feb. 1 -- The government will set up Manufacturing mission to provide policy support to industries. The National Manufacturing Mission will further enchance the Make in India mission. A insti... Read More


Kaveri Seed, Mangalam Seeds soar after Govt announces National Mission for Seeds

Mumbai, Feb. 1 -- In her Budget Speech, the Finance Minister said that the Government will launch a National Mission for edible oil & seeds with an aim to promote 'Aatmanirbharta' in the agricultural ... Read More


MSMEs is second engine of growth, says FM

Mumbai, Feb. 1 -- The FM announced that MSMEs is the 2nd engine of growth. MSMEs are responsible for 45% of our exports. Classification limit of MSMEs enhanced for them to boost their growth. For mi... Read More