Stock Market News (Quick Updates) 27th January 2025 Watch the full video here- https://youtu.be/Amlzt8jXnXs World Market Bank of Japan Raises Interest Rates The Bank of Japan increased interest rates to 0.5%, the highest in 17 years, citing rising wages as a factor in maintaining a 2% inflation target. The yen strengthened by 0.8% following the announcement, although some gains were lost later. Indian Economy Govt Proposes Concessions for Vehicle Scrapping MoRTH plans to double the rebate on new vehicle purchases to 50% of the Motor Vehicle tax for scrapping older vehicles with BS-II or earlier standards. This initiative aims to phase out high-polluting vehicles under the Vehicle Scrapping Policy. ₹42,532 Crore Lithium Refinery Project in Nagpur A ₹42,532 crore lithium refinery, India's first, will be established in Butibori, Nagpur, targeting a capacity of 60,000 tonnes per year. The project aims to enhance India's domestic supply chain and reduce reliance on lithium imports. Stock-specific News Week Ahead: Key Economic Events Union Budget 2025 and Q3 earnings from over 500 companies, including major Nifty 50 firms, are set to guide market focus. The US Federal Reserve's interest rate decision and Q4 GDP growth estimates will also be closely monitored. ICICI Bank Q3 Results: Profit Up 15% ICICI Bank reported a net profit of ₹11,792 crore for Q3 FY2025, reflecting a 15% increase year-on-year. Net interest income rose by 9.1%, although net interest margin declined to 4.25%. IDFC First Bank Q3 Results: Profit Down 53% IDFC First Bank's net profit dropped by 52.6% to ₹339.4 crore, despite a 14.4% rise in net interest income to ₹4,902 crore. Customer deposits increased by 29% year-on-year, reaching ₹2,27,316 crore. Yes Bank Q3 Results: 168% Profit Jump Yes Bank's net profit soared 168% to ₹612.3 crore with net interest income growing 10.2% to ₹2,223 crore. The gross non-performing assets ratio improved to 1.6%, enhancing asset quality. NTPC Q3 Results: Profit of ₹4,711 Crores NTPC reported a net profit of ₹4,711.4 crore for Q3 FY25, marking a 3.1% increase from the previous year. The board declared a second interim dividend of 25% (₹2.5 per share) for FY25.