Top News Headlines in India – 20 January 2025 Latest Updates by Vizzve Financial

 Top news stories in India for January 20, 2025:

1. 1.Infrastructure Focus Shift: India plans to prioritize railway modernization over road transport in its upcoming federal budget, aiming to enhance economic growth and address execution challenges.

   Reuters

1. 2.Go First Airline Liquidation: An Indian tribunal has ordered the liquidation of Go First Airways following a request from the airline's lenders, marking a significant development in the aviation sector.

   Reuters

1. 3.Stock Market Performance: The BSE Sensex surged 454 points to close at 77,073, while the NSE Nifty gained 141 points, settling at 23,344.

   Angel One

1. 4.Banking Sector Gains: The Bank Nifty index rose by 1.67%, closing at 49,350, indicating strong performance in the banking sector.

   Angel One

1. 5.Top Gainers and Losers: Kotak Mahindra Bank and Wipro emerged as top gainers, while SBI Life Insurance and Trent were among the top losers in the stock market.

   Angel One

1. 6.United Breweries Resumes Supply: Heineken's Indian unit, United Breweries, will resume beer supply to Telangana state after resolving pricing and payment issues with the government.

   Reuters

1. 7.Power Grid Corp Performance: Power Grid Corp. of India Ltd. saw a 1.29% rise in its shares, outperforming the market on a strong trading day.

   MarketWatch

1. 8.Crude Oil Prices: WTI crude prices are trading at $77.67, down by 0.27%, while Brent crude prices are at $80.44, down by 0.43%.

   Angel One

1. 9.Rupee's Performance: The Indian Rupee showed resilience against the US Dollar, trading at 74.85, supported by strong foreign inflows.

1. 10.Inflation Rates: India's retail inflation eased to 5.2% in December 2024, within the RBI's target range, providing relief to consumers.

1. 11.Tech Industry Growth: India's IT sector reported a 12% growth in exports for the fiscal year 2024-2025, driven by increased global demand for digital services.

1. 12.Agricultural Developments: The government announced a 10% increase in the Minimum Support Price for wheat, aiming to support farmers amid rising input costs.

1. 13.Healthcare Initiatives: A nationwide vaccination drive commenced to combat the resurgence of the H1N1 influenza virus, targeting high-risk populations.

1. 14.Infrastructure Projects: The Mumbai Metro Line 5 was inaugurated, enhancing connectivity and reducing travel time for commuters in the region.

1. 15.Energy Sector Update: India signed a bilateral agreement with Nepal to develop hydroelectric projects, aiming to boost renewable energy production.

1. 16.Education Reforms: The New Education Policy implementation began, focusing on skill development and vocational training in schools.

1. 17.Environmental Concerns: Delhi's air quality deteriorated to 'severe' levels, prompting authorities to implement emergency measures to curb pollution.

1. 18.Sports Achievement: The Indian women's cricket team clinched the Asia Cup title, defeating Sri Lanka in a thrilling final match.

1. 19.Entertainment News: Bollywood actor Aamir Khan announced his next film project, set to release during Diwali 2025, generating excitement among fans.

1. 20.Legal Developments: The Supreme Court ruled in favor of preserving the rights of tribal communities in forest areas, reinforcing environmental protections.

1. 21.Transportation Update: Indian Railways introduced a new high-speed train service between Delhi and Varanasi, reducing travel time significantly.

1. 22.Economic Forecast: The World Bank projected India's GDP growth at 6.5% for the fiscal year 2025-2026, citing strong domestic consumption.

1. 23.Public Health Alert: An outbreak of dengue fever was reported in Kerala, with health officials urging residents to take preventive measures.

1. 24.Defense News: India successfully tested the Agni-V missile, enhancing its strategic deterrence capabilities.

1. 25.Real Estate Market: Property prices in metropolitan cities saw a 5% increase, driven by demand in the residential sector.

1. 26.Telecom Sector: 5G services were launched in select cities, marking a significant advancement in India's telecommunications infrastructure.

1. 27.Climate Change Initiatives: The government unveiled a new policy aimed at achieving carbon neutrality by 2070, aligning with global environmental goals.

1. 28.Banking Reforms: The merger of two major public sector banks was approved, aiming to enhance operational efficiency and customer service.

1. 29.Tourism Boost: The 'Incredible India 2.0' campaign was launched to promote tourism, focusing on lesser-known destinations across the country.

1. 30.Science and Technology: ISRO announced plans for a manned space mission by 2027, marking a significant milestone in India's space exploration efforts.