Actor Nani's biggest budget film yet, 'Saripodhaa Sanivaaram' is building tremendous buzz with its intense teasers and star-studded cast. The pre-release event scheduled for August 24 is expected to generate more excitement as fans eagerly await the film's release on August 29. With Netflix already securing its digital rights for a record sum, all eyes are on Nani to see if he can continue his success streak with this mass entertainer.
After much anticipation, Prabhas' upcoming film 'Fauji' has been officially announced with a grand launch ceremony in Hyderabad. The film, reportedly set in the pre-independence era, features Prabhas as a soldier in the British Army and is being produced on a record budget by Mythri Movie Makers. The film will also feature music by Vishal Chandrasekhar and is expected to release by the end of next year. In the meantime, Prabhas has two other exciting projects lined up for the next few years.
Bharti Enterprises, led by Aditi Khanna, has invested in BT Group, acquiring a 24.5% stake in the UK-based telecommunications company. This move is seen as a "great vote of confidence" in the growth of 5G in India, as Bharti and BT Group have previously collaborated on 5G trials. Concerns over tariff hikes and delays in 4G and 5G adoption in India have been eased with this investment. Additionally, Nokia has achieved a record 1.2 Gbps 5G speed in a trial with Airtel, while BSNL has launched a 4G and 5G-ready SIM platform. UK businesses have also reacted positively to India's Union Budget, showing strong potential for future collaborations.
The Lok Sabha was adjourned amidst chaos as opposition MPs staged protests against BJP MP Anurag Thakur for his remarks on caste made during a debate on the Union Budget. Despite assurances, his remarks were not expunged from the parliamentary record, leading to a breach of privilege notice being filed against Prime Minister Narendra Modi. The protests continued as Congress MPs stormed the Well of the House and raised slogans against Mr. Thakur and the ruling party.
The highly anticipated Union Budget of 2024-25 has focused heavily on the education sector, with a whopping amount of Rs 1.48 lakh crore being allocated towards this vital area. From increased support for education loans to initiatives for transgender employees, the budget has been lauded for its efforts to promote education and bridge the gap for overseas study. Experts highlight the benefits of these measures for the workforce and job creation in India, while also noting the growth potential of the newly approved IIM near Guwahati and Manipal Group's stake acquisition in Aakash Educational Services.
Railway Minister Ashwini Vaishnaw provides an update on the development projects underway in Andhra Pradesh and highlights the significant allocation of funds by the Modi government for the development of railways in the state. He addresses concerns raised by TDP MP Kesineni Shivnath regarding ongoing projects and emphasizes the government's focus on improving connectivity to Amaravati, the proposed capital of the state. He also addresses issues with land acquisition and expresses hope that the new government in Andhra Pradesh will resolve them.
Amit Malviya, the head of BJP IT Cell, has responded to Congress leader Jairam Ramesh's criticisms of the recent Union budget. He questioned why the party hasn't implemented their "revolutionary" schemes in Karnataka and mentioned that the Maharashtra government had first experimented with the internship scheme. Malviya also accused the Congress of all talk and no work, while defending the BJP's track record. Many opposition leaders, including Ramesh, have labeled the budget as driven by political compulsions and survival of the current government.
Monday saw Indian stocks retreating from record highs as selling pressure in financial sectors weighed down the benchmark indices. Investors were anticipating the upcoming corporate earnings season and the Budget announcement later this month for market direction. In currency news, the rupee ended slightly weaker against the US dollar. Stock recommendations were also given for Harsha Engineers and Chennai Petroleum Corp.
Finance Minister Nirmala Sitharaman took to Twitter to showcase the Modi government's achievements in transforming the Union Budget from a record of expenditures to a strategic blueprint for equitable development. Guided by Prime Minister Narendra Modi's vision of transparency and efficiency, the current regime has prioritized maximizing the value of taxpayers' money and improving the credibility of the budget over the past decade. Stay updated with the latest business news and stock market updates on Zee Business platforms.
Karnataka Chief Minister Siddaramaiah presented his 15th budget with a record Rs 3.71 lakh crore. The budget includes measures to tackle fake news and violence, as well as increased outlays for irrigation and infrastructure projects. However, the budget was criticised by the opposition BJP and JD(S) for lacking direction and commitment.