Ahead of the 2025-2026 Union Budget, India's defence sector anticipates continued emphasis on self-reliance and modernization, building on initiatives like the Defence Production Policy and import embargoes on foreign defence equipment. With a projected defence spending increase to $415.9 billion by 2029, the government is focusing on fostering domestic manufacturing, encouraging private sector participation, and [...]
As of 2024, India had over 1,46,126 km of national highways, with thousands of kilometers added annually under government initiatives like Bharatmala Pariyojana. Companies involved in this sector are key contributors to economic development. Some leading highway builders, responsible for constructing major expressways and highways, are currently trading below their three-year average P/E ratio. Listed [...]
Shares of India’s one of the leading Heat exchanger companies with a robust customer base consisting of Voltas, Daikin, Blue Star, and many more in focus after Ace Investor Mukul Agrawal made a fresh investment in it considering its potential. Price Action With a market capitalization of Rs. 5,380 Crores, the shares of KRN Heat [...]
BlackRock views India as well-positioned for long-term growth, driven by emerging macro trends and the ability to navigate the US-China competition. Vivek Paul, Global Head of Portfolio Research and UK Chief Investment Strategist at BlackRock Investment Institute, highlights India’s strong growth prospects, which can support higher price-to-earnings (PE) ratios. Although current PE ratios for large-cap [...]
Dogecoin (DOGE) and Shiba Inu (SHIB) biggest holders on-chain activity, have sparked bullish sentiment in the crypto industry, where they have been accumulating this viral $0.175 token that analysts predict to have an ROI of 3577% in the next 51 days. This comes amid the swearing-in of Donald Trump as a pro-crypto president of the [...]
The FM Nirmala Sitaraman announced a new center of excellence in artificial intelligence for education with a total outlay of ₹ 500 crore. In 2023, FM made a similar announcement with three centers of excellence in AI for agriculture, healthcare, and sustainability. This push by the government to merge AI with several other sectors comes [...]
The railway sector had anticipated an 18 to 20 percent increase in budgetary allocation, but stocks fell by up to 11 percent after Finance Minister Nirmala Sitharaman did not mention any major reforms for the sector in this year's budget. Following this, there was a high expectation for this year's Railway Budget as they performed [...]
In Saturday's Budget session, Finance Minister Nirmala Sitharaman highlighted the National Geospatial Mission, which aims to build strong geospatial infrastructure and data in India. This project, supported by the PM Gati Shakti plan, will improve areas like land record updating, urban planning, and infrastructure development. Along with it, she also emphasized that this mission was [...]
The Finance Minister on Saturday in the Union Budget 2025 announced that the government will implement a scheme to make India a global hub for toys. The scheme will focus on the development of clusters, skills, and a manufacturing ecosystem that will create high-quality, unique, innovative, and sustainable toys that will represent the ‘Made in [...]
In Budget 2025, Finance Minister Nirmala Sitharaman announced changes to the income tax system, which will directly benefit middle-class taxpayers. These changes are aimed at reducing the tax burden for individuals, especially for those earning up to ₹12 lakh annually. The government hopes that by keeping more money in people's hands, household spending, savings, and [...]
