Paytm Cloud Technologies, a wholly owned subsidiary of fintech firm Paytm, is set to acquire a 25 per cent stake in Brazil-based embedded finance firm Seven Technology for $1 million.

The acquisition will help Paytm understand the merchant business landscape in the Brazilian market, the company said.

Shares of state-owned oil marketing companies (OMCs) are under pressure, falling by up to 7 per cent on the BSE in Monday’s intra-day trade as analysts expect OMCs may continue to struggle in the financial year 2025-26 (FY26) as the 2025-2026 budget did not provide the anticipated stimulus.

The high-voltage campaigning for Delhi Assembly polls will come to an end at 5 pm on Monday, ushering in the mandatory silence period before voting on February 5.

On the final day of campaigning, the Bharatiya Janata Party (BJP) has scheduled 22 roadshows and rallies across Delhi, intensifying its bid to reclaim power in the capital after more than 25 years.

With the Union Budget announcing measures to support consumption while maintaining fiscal discipline, the ball is now in the central bank’s court to stimulate sluggish economic growth.

The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) is expected to reduce the policy repo rate for the first time in almost five years, according to all respondents except Yes Bank in a Business Standard poll of 10 participants. The respondents anticipate a 25-basis-point (bp) rate cut.

Finance Minister Nirmala Sitharaman announced that the PM Dhan Dhanya Krishi Yojana, in partnership with states and through the integration of existing schemes, will be extended to 100 districts.

While presenting the Union Budget 2025, Sitharaman said, PM Dhandhanya Krisihi Yojna will cover 100 districts with low productivity.

Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on Saturday, announced a major push for the education sector. The government will add 10,000 new seats to medical colleges across India next year, with an ambitious target of creating 75,000 new seats over the next five years.

Uttar Pradesh Chief Minister Yogi Adityanath is set to visit Prayagraj on Friday, marking his first visit since the stampede during the Mahakumbh.

During his visit, CM Yogi will welcome Vice President Jagdeep Dhankhar and participate in Mahakumbh-related programs with him.

Arvind Kejriwal on Saturday claimed that even BJP supporters are saving up to Rs 25,000 per month through the schemes implemented by the AAP government in Delhi, and urged them to vote for his party in the February 5 Assembly elections.

In a video message, the Aam Aadmi Party (AAP) convenor claimed that he spoke to a BJP supporter, and questioned the benefits being provided in the BJP-ruled states.

With just hours to go before the Union Budget is presented in Parliament, Congress MP Manish Tewari on Saturday criticised the annual budget process, calling it 'nothing more than an accounting exercise' that simply tracks government earnings and expenditures.

Union Finance Minister Nirmala Sitharaman is set to make history today (February 1) as she presents her eighth consecutive Union Budget, the highest number of back-to-back budget presentations by any finance minister in India’s history. The Budget for the financial year 2025–26 is also the first under the Modi 3.0 government, adding another milestone to her tenure.

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