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The government also reduced fiscal deficit target at 5.1 percent of GDP for FY25. It revised down fiscal deficit target for FY24 to 5.8 percent from 5.9 percent of GDP.
In the previous budget, the allocation for railways was Rs 2.4 lakh crore, which was an all-time high
Indus Towers, PB Fintech, EID Parry India, Tata Consumer Products and Godrej Properties saw huge spurt in volumes on Bombay Stock Exchange on the Budget day.
While Dr Reddy's recorded its highest-ever quarterly revenue in Q3, most of the growth was fueled by a higher-than-expected contribution from cancer drug Revlimid while the base US and India business delivered a subpar performance.
Shares of Tata Motors have been scaling greater highs through January on the back of the robust prospects for its JLR and electric vehicle segments.