Experts Financial News

Oriental Trimex Ltd.(up 1.52%) stood among the top gainers.

Tikamgarh district, Madhya Pradesh, clashed over performing the last rites of their deceased father on Sunday, leading to a tense situation in their village. The disagreement escalated to the point where one of them proposed dividing the body into two parts for separate cremations.

The Budget’s focus on sectors like agriculture, MSMEs, infrastructure, and social inclusion presents a tremendous opportunity to strengthen the nation’s financial fabric and deepen the role of insurance.

Zerodha Mutual Fund has announced the revision in the minimum amount criteria of Zerodha Gold ETF FoF.

Subscribe to enjoy similar stories. NEW DELHI : The Centre has introduced a major simplification to customs procedures through an amendment in the Finance Bill 2025, aimed at enhancing ease of doing business for importers and exporters. The reform allows businesses to voluntarily revise customs declarations after clearance—either to pay additional duty or claim refunds—without undergoing time-consuming appeal processes.

On the BSE, Sai Swami Metals and(down 18.81 per cent), Ceejay Finance(down 14.58 per cent), Looks Health Services(down 11.37 per cent), Aadi Industries Ltd.(down 10.62 per cent) and Ind-Agiv Comm(down 10.00 per cent) were among the stocks that plunged over 5 per cent during the session.

Benchmark NSE Nifty index fell 162.61 points to 23319.55 amid selling in frontline bluechip stocks.

Union Budget 2025 has unveiled measures aimed at bolstering infrastructure financing and maintaining fiscal prudence, which is expected to have a significant impact on the Indian bond market. A key highlight is the government's continued emphasis on enhancing credit access for the infrastructure sector through the National Bank for Financing Infrastructure and Development (NaBFID).

Simbhaoli Sugars Ltd.(up 3.04%), EID Parry(India)Ltd.(up 2.18%), Sakthi Sugars Ltd.(up 0.47%), Triveni Engineering & Industries Ltd.(up 0.39%) and Mawana Sugars Ltd.(up 0.23%) were among the top gainers.

Maha Kumbh stampede that claimed nearly 30 lives.

ITC, Godfrey Phillips, and VST Industries will be in focus on Monday, February 3, after the Finance Minister kept excise duty/NCCD on cigarettes and other tobacco products unchanged in the Union Budget 2025–26. With no tax hike on cigarettes in the finance bill, Finance Minister Nirmala Sitharaman confirmed that tobacco taxation will remain steady.

Atul Lall, VC & MD, Dixon Tech, says the Budget is positive for the electronics industry. They had sought simplifying the duty structure for IFPD, and that has been achieved. Lall believes this will greatly boost IFPD manufacturing. Additionally, they had requested the reduction or elimination of certain duties on mobile components from 2.5% to 0%, and that has also been accomplished. They have lowered the duty on inputs for open cells, and agreed to requests on the deregulation front, all of which is beneficial for companies like Dixon. What is your take on the Budget? Atul Lall: For the electronics industry, the Budget is positive. There were certain specific asks from the industry. One was on rationalisation of the duty structure for IFPD, and that has been done. What we asked for, thankfully, was addressed completely in the same format.

Maha Kumbh Mela celebrated its first 'Amrit Snan' Monday since the tragic stampede on 'Mauni Amavasya' on January 29 that claimed at least 30 lives, drawing hundreds of thousands of devotees from around the world seeking spiritual liberation through the sacred dip.

Axis Securities maintains its buy call on Jyothy Labs with a target price of Rs 450 (Rs 500 earlier). The current market price of Jyothy Labs is Rs 395.95. Jyothy Labs, incorporated in 1992, has a market cap of Rs 14449.66 crore, operating in the FMCG sector.

Rahul Gandhi launched a scathing attack on former Delhi Chief Minister Arvind Kejriwal, questioning his promises and governance.

Assam Rifles in coordination with Manipur Police and other security forces, recovered 10 weapons, ammunition, and warlike stores from both hill and valley regions in the districts of Kakching, Kangpokpi, Churachandpur and Thoubal in Manipur.

trading session for the Union Budget and ultimately closed flat. In today's trade, shares of Power Grid, Divi's Labs, RIL, ITC, Anant Raj among others will be in focus due to various news developments and third quarter results. Power Grid, Divi's Labs, General Insurance Corp, Tata Chemicals Shares of Power Grid, Divi's Labs, General Insurance Corp and Tata Chemicals will be in focus as the companies will announce their quarterly results today.

The yields on US Treasuries gained while stock futures slumped, and an index of Asia-Pacific shares also dropped in response to the punitive measures taken against some of America’s biggest trading partners. The Canadian dollar sank to its weakest since 2003, with euro and Mexican peso also posting losses.

Panama Canal, calling the situation «unacceptable» and said that the US will take «necessary measures» if changes are not made.

Subscribe to enjoy similar stories. Naveen Jindal, chairman of India’s fourth-largest steelmaker Jindal Steel and Power Ltd (JSPL), is building a private steel empire abroad, one that could match the size of his listed Indian company in future. Over the past five years, Jindal has built an end-to-end steel business with assets across Europe, the Middle East and Africa.