RBI MPC member Nagesh Kumar urged the government to offer policy incentives for R&D and establish an institutional fund for long-term manufacturing capital in the upcoming Budget. He also suggested restoring the 200% weighted tax deduction for R&D expenditure and creating a specialized development financing institution for manufacturing to boost growth and competitiveness.
Concurrent Losers: 15 small-cap stocks decline for 5 consecutive sessions
Over the five trading sessions ending January 23, the Sensex benchmark declined sharply, falling about 2,033 points to close at 81,538. The index ended lower
January 24, 2026