The government unveiled a major overhaul of its financial assistance policy, launching a Rs 25,000 crore Maritime Development Fund. It will contribute 49% to the fund, aiming to boost India’s shipbuilding sector’s competitiveness and capacity. This initiative is set to strengthen maritime infrastructure, drive growth, and position India as a key player in global shipbuilding.
Stocks to buy: Quadrant Future, Varun Beverages and Coforge on investors’ radar
Benchmark BSE Sensex jumped 740 points while Nifty ended its 10-day losing streak, driven by value buying in utilities and power shares. Stocks in focus
March 6, 2025