Expectations are high that the Union Budget 2024 will include measures to accelerate EV (electric vehicle) penetration in India. The automobile sector expects Union Finance Minister Nirmala Sitharaman to make some announcements on the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, enhanced production-linked incentive (PLI) schemes, and other […]
budget 2024 expectations
Finance Minister Nirmala Sitharaman is set to present the full-year Union Budget for FY24-25 on July 23, 2024. The impact of the Union Budget on the equity market has reduced notably over the past few years with the government undertaking most of the reforms outside the purview of the Budget. […]
The Indian stock market has been on a record-breaking spree in July, driven by optimism about a growth-oriented Union Budget, expectations of healthy April-June quarter earnings for fiscal 2024-25 (Q1FY25) by Indian corporates, and the steady progress of the monsoon. In the previous session, the 30-share benchmark hit its fresh […]
The country has also already experienced a significant rise in demand for data centres. Among everything else, AI adoption has emerged as a key driver. With AI consumption having surged manifold since the launch of ChatGPT, availability of a robust data centre ecosystem has become paramount for businesses. Alongside this […]
Indian stock market continued its record bull run picked up since June-end led by return of foreign inflows, albeit few phases of consolidation with the new earnings season. Bulls have tightened their grip on D-Street after a spectacular month-opening ahead of the Union Budget 2024 scheduled for later this month. […]
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2024 budget, Indian stock market investors are strategizing their moves to navigate the anticipated fiscal policies. The upcoming budget is expected to be themed on fiscal prudence, capex spending to help create jobs and targeted social sector spending. […]