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The emphasis was on the adoption of sustainable mobility solutions, signaling the broader industry transition toward electrification and alternative fuels.

income tax cuts in the budget spurred a rally in shares of consumption companies Saturday as investors bet that individuals with money at their disposal would be encouraged to spend more on personal mobility choices and other consumer discretionary products. Nifty’s Realty index jumped 3.4%, while Fast Moving Consumer Goods (FMCG) and Consumer Durables indices were up about 3% each. The Nifty Auto index gained 1.9%. Benchmark Nifty ended 0.1% lower.

Finance Minister Nirmala Sitharaman's Budget 2025 stands out for its big tax benefits to the middle class, but several of her proposals will also impact different sectors positively. Below is a list of sectors, from EVs to shipping to insurance to footwear, which stand to gain from Sitharaman's proposals: Footwear and leather

Central KYC Registry in 2025. It will also implement a streamlined system for periodic updating.

Subscribe to enjoy similar stories. Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells to from 2.5% to 0%.

Subscribe to enjoy similar stories. New Delhi: The Union Budget 2025 laid out a host of key pointers to make India’s technology economy self-reliant.

lithium-ion batteries, which industry stakeholders said, will help bring down production costs and enable development of a manufacturing ecosystem for zero-emission vehicles.

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana

affordable data rates, and that there has been a paradigm shift in the country’s telecom technology space that underscores an ongoing effective transition from a “technology importer” to a “technology developer and exporter,” the Economic Survey 2024-25 said Friday.

Bankers and brokers said a chunk of these shares could flood the market as various investors would look to book profits with the stock market precariously perched.

Bharti Airtel’s Africa business reported an over 11-fold on-year jump in net profit to $169 million in the fiscal third quarter, on the back of a $94 million exceptional gain triggered by appreciation in key African currencies and a sharp fall in net finance costs.

Vodafone has achieved a groundbreaking milestone by making the world’s first video call via satellite using a regular smartphone. The call was placed from a remote location in the Welsh mountains, where there was no network signal, to the company’s CEO, Margherita Della Valle. This innovation marks a major step toward universal digital connectivity, with Vodafone planning to roll out the technology across Europe later this year and in 2026.

Rohit Agarwal, Executive Vice-President, Kotak Mahindra, says it is anticipated that within the next five to ten years, the manufacturing sector will contribute approximately 18 to 20 percent to GDP. Agarwal believes the government will continue to allocate a substantial budget for capital expenditures, along with incentives and standard operating procedures (SOPs) aimed at the manufacturing industry. This focus will be reflected in the Budget, as the government is committed to enhancing India's self-sufficiency in various products that are currently imported. Within manufacturing, EMS has been a huge success story but within it, it is time to move from mobile PLI success to other stories. To start with that success will come more from the semiconductor value chain. One should be overweight on semiconductors followed by renewable energy and defence. Agarwal believes Trump’s protectionist policy will have no impact on the PLI theme as these manufacturers are aimed more for India market to replace imported items What should one watch out for in this year’s Union Budget when you talk about manufacturing because that is where most of the government’s focus has been and it has reaped quite a lot of benefit when you talk about the way it has helped boost the GDP growth as well. Rohit Agarwal: The focus of this government has been on manufacturing through the Budget document and also apart from the Budget document, they have been taking various measures.

Subscribe to enjoy similar stories. We have all read the thrilling story of the Wright brothers’ flight—the first time humans could fly in a powered, heavier-than-air machine. And they did it not just once, but four times in a single day, the last flight lasting almost a minute.

Subscribe to enjoy similar stories. As the world order shifts from globalization towards protectionism, the Indian government too has shown persistent focus on Atmanirbhar Bharat, or self-reliant India, with initiatives like production-linked incentives (PLI) schemes to encourage local manufacturing. Electronics manufacturer Dixon Technologies Ltd was among the earliest to answer the government’s call to manufacturers to ‘make in India’.

digital payments landscape with global fintechs aspiring for the licence, new domestic firms entering the space, and green shoots of recovery in transaction volumes.

DeepSeek, a Chinese AI startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating breakthrough artificial intelligence models that offer comparable performance to the world’s best chatbots at seemingly a fraction of the cost.

TVS Motor, a leading player in the two and three-wheeler segment, is planning to make a foray into the electric cargo vehicle space, an official said on Monday. The company, which launched its electric three-wheeler passenger vehicle in the eastern metropolis, is hoping to roll out the cargo variant during the last quarter of the current financial year.

Subscribe to enjoy similar stories. DeepSeek, an AI startup just over a year old, stirred awe and consternation in Silicon Valley with its breakthrough artificial intelligence (AI) model that offered comparable performance to the world’s best chatbots at seemingly a fraction of the cost. Created in China’s Hangzhou, DeepSeek carries far-reaching implications for the global tech industry and supply chain, offering a counterpoint to the widespread belief that the future of AI will require ever-increasing amounts of power and energy to develop.

Subscribe to enjoy similar stories. Companies use various corporate actions, such as dividends, bonus shares, stock splits, and buybacks, to reward shareholders, distribute reserves, and improve market liquidity.