BUSINESS
From Rs 2 lakh to 12 lakh: Transformation of India’s personal income tax structure under Modi govt since 2014
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs 12 lakh under new regime. The progress over the years reflects adjustments aimed at reducing tax burden on lower and middle-income earners.
BUSINESS
Budget 2025 at a glance: Total expenditure set at Rs 50.65 lakh crore, fiscal deficit target at 4.4% of GDP
Capital expenditure has been set at Rs 11.21 lakh crore, reflecting the government’s focus on infrastructure and asset creation
BUSINESS
Top gainers and losers among Nifty stocks on Budget 2025: Share market erases gains as FM delivers speech
IndusInd Bank remained the top performer among the Nifty stocks, followed by HDFC Life and Apollo Hospitals at noon, as Finance Minister Nirmala Sitharaman delivered her Union Budget 2025 speech.
BUSINESS
Nifty, Bank Nifty enter Budget day with bullish momentum; FIIs' F&O positioning signals pre-event caution
Derivatives positioning at the close of 31 January pointed to a gradual long buildup in Nifty futures. FIIs' continued net short position of 3.1 lakh contracts in index futures reflects a cautious stance ahead of the Budget.
BUSINESS
This PSU defence share jumped above its 50-day, 100-day, 200-day average prices a day ahead of Budget 2025
Bharat Electronics Ltd (BEL) shares surged ahead of the Union Budget 2025, buoyed by strong Q3 earnings, bullish brokerage calls, and optimism over a robust order pipeline. The PSU defence stock’s breakout above key price levels shows bullish sentiment.
BUSINESS
Sun Pharma Q3 net profit rises 15% to Rs 2,903.4 crore, meets estimate; Rs 10.5 dividend declared
Sun Pharma Q3 FY25 results: The drugmaker posted steady growth in Q3 FY25, with profit rising on strong domestic and emerging market sales, while US business remained weak.
BUSINESS
Marico Q3 net profit up 4.2% to Rs 399 crore, margins decline on rising input costs; dividend declared
Marico Q3 FY 25 results: The FMCG firm posted a modest net profit growth of 4.2 percent from the previous year, and a healthy rise of 15 percent in revenue.
BUSINESS
Nestle India Q3 Results: Net profit up 6% YoY at Rs 696 crore; Rs 14.25 per share dividend declared
Nestle India Q3 FY25 results: The FMCG major was expected to report a fall in Oct-Dec net profit due to weak operational performance and margin squeeze from high coffee and cocoa prices.
BUSINESS
US Fed signals no rush for rate cuts amid elevated inflation, but markets trim losses as Powell downplays worry
The US Fed held policy rates steady, removed a reference to inflation progress, and signaled no rush for cuts. Markets initially fell but trimmed losses as Jerome Powell downplayed concerns over the wording change.
BUSINESS
US Fed Chair Jerome Powell takes wait-and-watch approach as uncertainty looms from Donald Trump's tariff plans
The US Fed held rates steady as Jerome Powell took a wait-and-see approach to Donald Trump’s tariff plans, citing uncertainty over their economic impact. Markets reacted cautiously amid inflation concerns.
BUSINESS
Donald Trump slams Jerome Powell as US Fed holds rates, but central bank reasserts independence
The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.
BUSINESS
Bajaj Finance tightens used car loan portfolio amid rising delinquencies, scales back refinance segment
Bajaj Finance has cut used car refinancing due to high delinquencies, reducing volumes from Rs 400 crore to Rs 250 crore per quarter, while focusing on new car loans and secured lending.
BUSINESS
Bajaj Finance eyes 200 million new users via Bharti Airtel partnership, adding to its 97 million base
Bajaj Finance is tapping 200 million Airtel users through a partnership to expand financial product offerings, including loans and EMI cards, via Airtel’s digital and retail network.
BUSINESS
Tata Motors Q3 profit drops 22% YoY to Rs 5,451 crore, hit by weaker margins, JLR slowdown; misses estimate
Tata Motors posted a 22 percent drop in Q3 net profit, missing estimates as weaker margins and a slowdown in Jaguar Land Rover (JLR) weighed on performance. While revenue saw a modest rise, the company remained cautious on demand, especially in China.
BUSINESS
Maruti Suzuki Q3 results: Net profit grows 16% YoY to Rs 3,727 crore helped by healthy sales volumes growth, beats estimate
Maruti Suzuki Q3 results: The automobiles major's consolidated third quarter earnings came in above Street expectations, with the company also reporting a healthy sales volume growth as was estimated.
BUSINESS
Adani Ports Q3 results preview: Net profit may rise 17%, revenue likely up 11% on resilient port volumes
Adani Ports is set to report steady earnings growth, supported by strong container and liquid cargo volumes, as well as contributions from recent acquisitions. Despite headwinds in iron ore and coal cargo, efficiency and expansion efforts are expected to drive profitability.
BUSINESS
Bajaj Finance Q3 FY25 results preview: Strong AUM growth likely to boost profit, credit costs under watch
Bajaj Finance Q3 Results Preview. The NBFC is likely to deliver robust earnings, driven by strong AUM growth and stabilising margins. However, rising credit costs and slight asset quality pressures are expected to draw attention.
BUSINESS
L&T shares fall as submarine proposal disqualified, Mazagon Dock jumps 5%; defence min yet to take final call
Despite Mazagaon Dockyards’ qualification, no final decision has been taken yet on the contractor for India's Rs 70,000 crore P75(I) submarine project. The Defence Acquisition Council will soon convene to select the final bidder.
BUSINESS
SBI Life Q3 FY25 results preview: APE seen up 6.5%, VNB margin likely to contract
SBI Life Q3 Results Preview: SBI Life’s Q3 FY25 APE is expected to grow 6.5 percent, but VNB margin may contract 90 basis points due to regulatory changes and higher ULIPs in the product mix.
BUSINESS
Reliance Industries Q3 FY25 results preview: Net profit seen up 6%, margin expansion expected
RIL's Q3 Results Preview: Reliance Industries earnings are set to benefit from stronger gross refining margins and higher ARPU in digital services, helped by the residual impact of tariff hikes.
BUSINESS
Key factors why Sensex, Nifty rebounded today after yesterday’s crash; inflation eases, global sentiment improves
Sensex and Nifty rebounded on Tuesday, recovering from a seven-month low, as easing inflation, a halt in crude oil prices, and improved global sentiment lifted markets. Gains in Adani group stocks and oversold conditions in large caps also supported the recovery.
BUSINESS
Where are Sensex, Nifty headed after today’s crash: Market focus shifts to global cues, Budget, Q3 results
Global cues such as the US economic data and Fed policy expectations, along with domestic factors including the Budget and Q3 earnings will be the key driving forces for benchmark market indices Sensex and Nifty going ahead.
BUSINESS
US bond yields climb as strong economy fuels Fed rate risk; hit Indian rupee, share market
US bond yields near 5 percent as strong economic data fuels Fed rate concerns, pressuring global markets. India’s rupee fell to a record low past 86.5 per dollar, while the Nifty 50 fell 1.5 percent amid tighter financial conditions.
BUSINESS
The rise and rise of India’s share market under Manmohan Singh: Liberalisation to resilience
Manmohan Singh’s liberalisation and pro-market policies drove India’s share market growth, fostering sectors like IT and banking and delivering strong returns despite global challenges.
