Investors are looking for a Budget that encourages growth without weakening fiscal stability. A focus on productive capex, selective incentives and realistic revenue planning usually enhances confidence. The interplay between market-friendly policy choices and fiscal pressures will shape the overall response.Read More
India’s defence sector anticipates a significant expansion in the upcoming fiscal year, with budget proposals hinting at a 20-25% increase in allocations. Analysts foresee a positive industry outlook driven by government spending and policy reforms, though challenges like working capital and R&D investments remain crucial for sustained growth.Read More
Bitcoin hovered near $88,000 after the Fed held rates steady, with macro caution and weak ETF flows weighing on the market, pushing the global crypto market cap to $2.98 trillion. In the last 24 hours, Bitcoin fell 0.9%, and Ethereum dropped 1.59%.Read More
Balu Forge Industries shares surged significantly after its formal induction into the NATO supply chain. The company will now manufacture and supply critical defence components, including artillery shell bodies, to NATO member states. This strategic milestone positions Balu Forge at the forefront of the alliance’s industrial efforts.Read More
The US reaffirmed its strong-dollar stance, with Treasury Secretary Scott Bessent dismissing speculation of currency market intervention to support the yen. His comments helped the dollar rebound from recent lows, pushing the dollar index up about 0.5%.Read More
eClerx shares surged following a robust quarterly performance. The company’s board approved a 1:1 bonus share issue. Net profit rose 40% year-on-year to Rs 192 crore for the December quarter. Revenue from operations also saw a significant increase. The bonus shares will be issued from retained earnings. The company expects to credit bonus shares by...Read More
Hindustan Zinc shares have fallen about 2% over the last two sessions despite silver prices hitting a record Rs 4 lakh, reflecting a disconnect between the commodity rally and the stock. The decline is not due to fundamentals but is driven by short-term supply pressure from promoter Vedanta’s ongoing OFS, which has added fresh shares...Read More
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