County Union Financial News

stock market will be open for a special trading session today, Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget for the fiscal year 2025-26. Both the National Stock Exchange (NSE) and the BSE confirmed in a circular issued earlier this week that trading will continue as per regular market hours. Market timings for Budget day On Budget day, the trading schedule will follow its usual timings. Pre-market trading will begin at 9:00 AM and run until 9:08 AM, after which equity market trading will take place from 9:15 AM to 3:30 PM.

Economic Survey 2024-25 talks about several initiatives to foster sustainable urban development and governance.

India Budget: In the Union Budget 2024, Finance Minister Nirmala Sitharaman categorised India’s key beneficiaries into four broad groups — youth, farmers, women and the poor. These “castes” (as she described them in her speech), Sitharaman said, would shape the government’s policy direction, driving welfare and development initiatives.

Subscribe to enjoy similar stories. New Delhi: The Union cabinet on Wednesday approved a national critical mineral mission with an outlay of ₹34,300 crore to boost India's supply chain in the key sector and achieve self-reliance The cabinet also approved an increase in the price of ethanol procured by state-run oil marketing companies (OMCs) for blending with petrol.

Mutual funds have come a long way; the numbers speak for themselves. systematic investment plans, or SIPs, have quadrupled in the last eight years, and monthly inflows in December 2024 crossed ₹26,000 crore for the first time.

Subscribe to enjoy similar stories. India's education sector is holding its breath to see what's in store for it in the Union budget for 2025, to be presented on 1 February. The National Educational Policy (NEP) introduced in 2020 aims to achieve complete literacy by 2025, and this budget is crucial to achieving that goal.

Trade and Economic Participation Agreement with a four-nation European bloc will bring USD 100 billion worth of investment and create one million jobs in India, Union Minister Jayant Chaudhary said on Wednesday. Here to attend the World Economic Forum Annual Meeting, the minister told PTI in an interview that Indian talent has proved its mettle globally and the commitments made by global companies show their trust in the skillset of Indian youth.

Assocham has pitched for the removal of coal cess stating that the move will support power-intensive industries like aluminium and maintain competitiveness of the domestic industry. In its pre-budget memorandum 2025-26, the industry body said that «high cess on coal (Rs 400 per MT)...be eliminated to support power-intensive industries.»

production-linked incentive scheme for them in the Union Budget. The sector has put forward its demand ahead of the Union Budget for 2025-26 on February 1.

Abneesh Roy, ED, Nuvama, says some benefit to boost the lower end of consumption is expected in the Union Budget. Rural consumption is doing quite well after all the stimulus programmes. So, on urban demand, the government needs to do something. Some brokerages have downgraded retail plays and even Trent to sell and there is mixed opinion out there. What would be the future of retail plays like Trent at Nuvama, which have already seen a fabulous run up? The valuations are still expensive after the current correction as well? Abneesh Roy: We are positive on Trent. We continue to have a buy and one of our top picks in the apparel space. In the near and medium term, Trent will remain in the top tier in the peer set in terms of growth. We do see a huge headroom for expansion in Zudio, in Westside, even in terms of the emerging categories like BPC, innerwear, footwear, that was around 20% of the business, and that is also growing.

driest year in five decades in 2024 as the below-normal precipitation continued for the fifth consecutive year, with a sharp 29 per cent deficit in rainfall compared to the annual average of 1232.3 mm, weather experts said on Saturday. «Jammu and Kashmir experienced its driest year in five decades in 2024, with rainfall levels plunging to just 870.9 mm against the normal annual average of 1232.3 mm — a significant deficit of 29 per cent,» a weather expert, Faizan Arif, said here. This marks the fifth consecutive year of below-normal precipitation in the Union Territory, he said. The weather expert said a closer look at the rainfall trends over the recent years highlights an alarming pattern.

India Budget: India’s space ambitions are soaring, with the Indian Space Research Organisation (ISRO) positioning itself as a critical player on the global stage. However, as the nation charts its path to becoming a global space superpower, the question remains: Does India need a higher space budget to achieve its ambitious dreams? The answer may be found soon as India gets ready to present its Union Budget for the next fiacal year. Despite fluctuations in funding, the space sector has contributed significantly to India's economy. Over the past decade, the space sector has generated $60 billion for India’s GDP, creating 4.7 million jobs, including 96,000 in the public and private sectors, according to Socio-Economic Impact Analysis of Indian Space Programme. The sector's contributions are particularly evident in areas such as satellite-based weather forecasting, which benefits millions of farmers and fishermen across the country. ISRO’s satellites also provide high-resolution imagery that plays a crucial role in national security. Click here to find out more about what may happen in Union Budget 2025

Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said.

GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching USD 49.2 billion and exports at USD 15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

Oregon, known as Axial Seamount, will likely erupt in 2025. Situated in the northeast Pacific near Cannon Beach, Axial Seamount is the region’s most active submarine volcano, with recorded eruptions in 1998, 2011, and 2015. Due to its predictable activity and proximity to land, it was chosen as the site for the New Millennium Observatory, the world’s first underwater volcano monitoring station.

Federal officials investigating the deadly West Texas collision between at Union Pacific train and a tractor-trailer hauling a wind turbine base are trying to determine why the tractor-trailer was stopped on the tracks

Amazon in the peak festive period extended into a second day Friday as the retail behemoth said the labor action would not affect its business, as per a report on AFP. Amazon has experienced «no disruptions at all,» a company spokeswoman told AFP. «And we aren't anticipating any either», AFP reported. The Teamsters union on Thursday launched a strike targeting seven Amazon facilities spaced around the United States. Union officials said the stoppage continued Friday at the same locales.

Subscribe to enjoy similar stories. State governments on Friday sought extra headroom for their borrowings and greater fiscal support for their capital expenditure from the Centre, while advocating an expansionary union budget for FY26 to arrest an economic slowdown and a weakening currency. States also advocated that macroeconomic challenges should be comprehensively addressed in the Union budget.

Lieutenant Governor Manoj Sinha and top officers of the Army, paramilitary forces, J&K administration, intelligence agencies and the Ministry of Home Affairs (MHA) attended the meeting. This was Shah's first meeting to review the security situation in the Union territory after the recent assembly elections that brought to power a National Conference government headed by Chief Minister Omar Abdullah. After the abrogation of Article 370 and the bifurcation of the erstwhile state into two UTs in 2019, law and order in Jammu and Kashmir comes under the central government.