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RBI likely to cut repo rate by 25 basis points: Business Standard poll

RBI likely to cut repo rate by 25 basis points: Business Standard poll

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.

Budget 2025: Cotton mission, PM Dhan Dhanya Yojana to boost agriculture

Budget 2025: Cotton mission, PM Dhan Dhanya Yojana to boost agriculture

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 Budget 2025: 10,000 new medical seats, boost for IITs, AI push

Union Budget 2025: 10,000 new medical seats, boost for IITs, AI push

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.

Mahakumbh: UP CM to visit Prayagraj today, his first after stampede tragedy

Mahakumbh: UP CM to visit Prayagraj today, his first after stampede tragedy

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.

Kejriwal claims BJP supporters also save Rs 25K a month, seeks their vote

Kejriwal claims BJP supporters also save Rs 25K a month, seeks their vote

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.

Congress' Manish Tewari criticises Union Budget process, calls it 'useless

Congress' Manish Tewari criticises Union Budget process, calls it 'useless

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.

Nirmala Sitharaman set to script history today with 8th straight Budget

Nirmala Sitharaman set to script history today with 8th straight Budget

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.

NASA astronauts Sunita Williams, Butch Wilmore make history with record-breaking 5.5-hour spacewalk

NASA astronauts Sunita Williams, Butch Wilmore make history with record-breaking 5.5-hour spacewalk

NASA astronaut Sunita Williams and her colleague Butch Wilmore conducted a 5.5-hour spacewalk from the International Space Station (ISS) on Thursday, setting a new record, according to the US space agency.

This marked Williams' ninth spacewalk and Wilmore's fifth. With this latest achievement, Williams now holds a total of 62 hours and 6 minutes of spacewalk time, placing her fourth on NASA's all-time list.

Waaree Energies Q3 results: Net profit grows multifold to Rs 506.8 cr

Waaree Energies Q3 results: Net profit grows multifold to Rs 506.8 cr

Waaree Energies on Thursday reported a multifold rise in consolidated net profit to Rs 506.8 crore for the December 2024 quarter, helped by higher income.

It had posted a Rs 140.8 crore net profit in the year-ago quarter, the company said in an exchange filing.

The company's total income rose to Rs 3,545.2 crore from Rs 1,651.7 crore in the October-December period of 2023-24.

May Goddess Lakshmi bless poor, middle-class: PM Modi ahead of Budget 2025

May Goddess Lakshmi bless poor, middle-class: PM Modi ahead of Budget 2025

Prime Minister Narendra Modi on Friday expressed confidence that the Union Budget 2025 will give new energy to India's economy, saying he would "pray to Goddess Lakshmi" for the poor and middle class of the country.

Addressed the media outside Parliament ahead of Budget Session, PM Modi said, "Ahead of the Budget session, I bow down to Goddess Lakshmi, the goddess of wealth and prosperity.

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