Market news: Negotiations on a package led by Egypt and the International Monetary Fund have been postponed, and a US$10 billion aid is still under discussion.

The Thai government expects to export 7.5 million tons of rice this year.

Shell (SHEL.N)’s debt ratio in the fourth quarter was 18.8%, market expectations were 17.4%.

Shell (SHEL.N) fourth-quarter operating cash flow was US$12.58 billion, compared with market expectations of US$11.89 billion.

Shell (SHEL.N) adjusted EPS in the fourth quarter was $1.11, compared with market expectations of $0.92.

Indian Budget: The fiscal advance limit for fiscal year 2025 is set at 5 trillion rupees.

India Budget: Oil subsidies expected to reach Rs 11,925 crore in FY25.

Israeli military: Over the past day, our forces neutralized dozens of (Gaza) terrorists.

Indian Finance Minister: India plans to extend tax incentives for start-up companies until March 31, 2025.

Finance Minister of India: Direct and indirect taxes will remain at the same rate.

EUR/USD fell below 1.08, down 0.16% on the day.

Finance Minister of India: India does not propose any changes in taxation.

India’s Finance Minister: The fiscal deficit in fiscal year 2025 is expected to account for 5.1% of GDP.

India’s Finance Minister: The fiscal deficit for fiscal year 2024 is revised to 5.8% of GDP, from 5.9% previously.

Finance Minister of India: Provide 50-year interest-free loans of 750 billion rupees to states.

Finance Minister of India: The cabinet approved the signing and ratification of a bilateral investment treaty between India and the United Arab Emirates.

Indian Finance Minister: India plans to increase investment and development in the electric vehicle ecosystem.

Indian Finance Minister: Establish 100 million metric tons of coal gasification capacity by 2030.