Market Highlights

S&P Global Ratings: Budget for 2025-26 to Boost India’s Growth via Domestic Demand and Income Tax Cuts, with the Country on Track to Achieve 4.4% Fiscal Deficit Target Despite I-T Rebate Increase, reports BS.

Budget Proposals for Income Tax Cuts and Tax Changes to Help Banks Mobilize Rs 40,000-45,000 Crore in Additional Deposits, says Financial Services Secretary M Nagaraju, reports ET

ET reports that the government plans to introduce alternative financing models, including export factoring services and trade credit insurance, to support MSME exporters.

NMDC plans a ₹70,000 crore capex over five years to boost production to 100 Mt by 2030, upgrade evacuation infrastructure, and strengthen its digital ecosystem, reports ET.

ET reports that India is expected to add around 8,000 MW of thermal power capacity by the end of this financial year, falling short of the 15,000 MW target due to project commissioning delays.

ET reports that the RBI has introduced new guidelines allowing foreign-owned or controlled companies in India to buy and swap shares with local businesses, offering greater deal flexibility.

​India to increase farm budget by over 15%, the biggest hike in six years, with agriculture allocation expected to surpass ₹1.6 lakh crore in the upcoming FY26 budget, reports ET.

​The government has increased the MSP of raw jute by 2.35 times to ₹5,650/quintal for the 2024-25 season, up from ₹2,400/quintal in 2014-15, reports FE.

India is expected to see a surge in green investments in infrastructure over the next 5 years, with an estimated Rs 31 lakh crore anticipated in the sector by 2030, according to a Crisil report, reports ET.

Banks in India added more deposits than loans last year, causing a softening of the credit-deposit ratio, while deposit growth lagged behind advances, reports RBI, according to Mint.