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Budget 2024 provides big boost for many sectors

Updated at : 2024-02-02 06:20:02

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​The government is set to introduce a housing scheme specifically designed for the middle class, facilitating their ability to purchase or construct their own homes.

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Titan reported 9% growth in its standalone net profit at Rs 1040 crore in the third quarter. Revenue from operations jumped 20% year-on-year to Rs 13,052 crore.

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Paytm Payments Bank is the third-largest player in the Fastag eco-system

U.S. Treasury yields fell to near their lowest levels in 2024 Thursday as higher than expected jobless claims suggested that the labor market was cooling.

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Powell said on Wednesday that rates had peaked and would move lower in coming months, with inflation continuing to fall and an expectation of sustained job and economic growth.

Through a separate deal, the Canada Pension Plan Investment Board (CPPIB) sold 57,669,394 shares, representing a 2% stake in the telecom tower infrastructure services provider at Rs 212.15 apiece, aggregating Rs 1,223 crore.

​The BSE bellwether index ended in the positive territory on the Budget days in 2023, 2022, 2021 and 2019, as per an analysis

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​The company in a statement attributed the decline in net margin to significant investments made in brand and technology during the quarter

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Yields on government bonds slumped after Finance Minister Nirmala Sitharaman pegged the gross and net market borrowing for FY25 at Rs 14.13 lakh crore and Rs 11.75 lakh crore, respectively. Most experts had pegged the gross market borrowing to be a little over Rs 15 lakh crore.

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