The Statesman Bhubaneswar - February 02, 2025
The Statesman Bhubaneswar - February 02, 2025
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In this issue
February 02, 2025
Budget a force multiplier, milestone in India's development journey: PM Modi
Prime Minister Narendra Modi on Saturday hailed the Union Budget as a force multiplier that would increase savings, investment, consumption, and growth.
1 min
Budget impact: Smartphones and EVs to get cheaper; TVs, fabrics to get costlier
Union Finance Minister Nirmala Sitharaman, presenting the Budget 2025-26 on Saturday, introduced some key changes in basic customs duties (BCDs) that will impact the prices of various goods.
1 min
Union Budget: A mixed bag of hopes and concerns
Darjeeling MP Raju Bista expressed strong support for the budget's focus on tourism and infrastructure, particularly in rural and underdeveloped regions
2 mins
AI Should Not Be a Tool to Kill Jobs: Khuntia
Artificial intelligence should not be used as a tool to kill the jobs and income; rather, it could be used as the via media to enhance the skill of the workers for the interest of the company and to make workers become employable, observed Dr R C Khuntia, former MP and national vice president of INTUC while speaking at Riyadh in the world labour market conference.
1 min
9 Arrested For Defrauding ₹1.30 Crore
For the first time in the history of Asansol Durgapur Police Commissionerate (ADPC), the Asansol cyber police station has cracked a digital arrest case and has arrested nine persons of an international racket.
1 min
ER 37 pc growth in scrap sales: The Eastern Railway achieved a milestone in scrap sales by registering a growth of 37 per cent till 31 January of the current fiscal. The zonal railway has recorded a total cumulative scrap sale of rupees 444.43 crore as compared to Rs 323 crore during the same period of previous financial year of 2023-24.
At a time, when the skyrocketing airfares for the Mahakumbh in Prayagraj have sparked a nationwide uproar, Air India Express has announced its \"Payday Sale\", offering travellers from Kolkata and other metropolitan city airports an opportunity to book budget-friendly flights, with fares starting as low as Rs 1,535.
1 min
Eastern Command hails Havildar conferred with Uttam Jeevan Raksha Padak
The Indian Army's Eastern Command has claimed that a Non Commissioned Officer (NCO) from its Gajraj Corps was awarded the Uttam Jeevan Raksha Padak on Republic Day this year for his exceptional act of bravery and selfless service.
1 min
Premier Kolkata medical institute Slapped With Show-Cause Notice by UGC
The University Grants Commission (UGC) has slapped a show-cause notice on Kolkata's iconic Institute of Post Graduate Medical Education & Research, often popularly referred to as the S.S.K.M. Medical College & Hospital for failure to submit an \"anti-ragging declaration\" lists from their students and their guardians to it.
1 min
Sebaashray camps start at Metiabruz
Sebaashray camps started at Metiabruz from today with 5.25 lakh people registering themselves since the inception of the initiative on 2 January.
1 min
Conspiracy to benefit international lobby
Abhishek Banerjee expressed concerns about the lack of clarity in the budget regarding income tax rebate and the lack of benefits for the common people
1 min
Tax concessions will accelerate both spending and savings: Economists
Union Finance Minister Nirmala Sitharaman's proposal to raise the minimum tax slab to Rs 12 lakh from Rs 7 lakh in the new regime in addition to Rs 75,000 of the standard deduction for salaried taxpayers will boost both expenditure and savings among the middle-class section of the Indian population, feel economists.
1 min
A Man for All Seasons
Subhas Roy, who passed away last night, nine months short of a century, was Kolkata's quintessential \"Man for all seasons\".
2 mins
Union Budget 2025: 200 Vande Bharat, 100 Amrit Bharat trains, 50 Namo Bharat to be manufactured
Union Minister Ashwini Vaishnaw on Saturday thanked Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for allocating the big amount of Rs 2,52,000 crore for the financial year (FY) 2025-26 as gross budgetary support to the Ministry of Railways, second time in a row.
1 min
36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Union Finance Minister Nirmala Sitharaman, while presenting the Budget 2025-26 in Parliament on Saturday, announced exemption for 36 life-saving drugs from basic customs duty.
1 min
Budget 2025: Significant boost for higher education
Union Finance Minister Nirmala Sitharaman, in her Budget 2025-26 speech, emphasised the government's push for Artificial Intelligence (AI) in education by announcing the establishment of a Centre of Excellence in AI for Education, with a dedicated budget of Rs 500 crore.
1 min
Government Announces 50,000 Atal Tinkering Labs, 5 National Centres of Excellence for Skill Development
In a move aimed at cultivating the spirit of curiosity, innovation, and scientific temper among young minds, Union Finance Minister Nirmala Sitharaman today announced the establishment of 50,000 Atal Tinkering Labs across government schools in the next five years.
1 min
Major boost for defence, border infrastructure
Pension Budget also saw a significant boost, with ₹1.61 lakh cr earmarked for FY 2025-26
2 mins
In poll year, Bihar emerges big winner in Union Budget
With Assembly elections likely to be held in Bihar in October-November, the NDA government at the Centre jumped into poll mode on Saturday with several big announcements made for the state in the Union Budget 2025-26.
1 min
Industry bodies, NSE term Budget 2025 transformative step towards realising ‘Viksit Bharat’
Industry bodies and National Stock Exchange of India (NSE) have termed the Union Budget 2025-26, presented in Parliament by Finance Minister Nirmala Sitharaman on Saturday, as a transformative step towards realising the vision of ‘Viksit Bharat’, with a strong focus on the middle class, MSMEs, startups, and employment generation.
2 mins
FM Sitharaman Announces Manufacturing Mission for Furthering 'Make in India'
A National Manufacturing Mission to cover small, medium, and large industries for furthering 'Make in India' was announced by Union Minister for Finance Nirmala Sitharaman while presenting the Union Budget 2025-26 in Parliament on Saturday.
1 min
Government to set up 'Deep Tech Fund of Funds' for next gen startups: Sitharaman
Union Minister for Finance Nirmala Sitharaman on Saturday announced that the possibility of a 'Deep Tech Fund of Funds' will be explored to catalyse the next generation startups.
1 min
Budget: Big infra push augurs well for India Inc
There has been a huge boost to 'Rural Infrastructure', aimed at bridging the rural-urban divide
2 mins
Sitharaman's Turn to Chant 'Dhan-Dhanya' Mantra
In her eighth Union Budget in a row, the Union Finance minister Nirmala focussed on 10 broad areas, the first engine of which is the agriculture sector.
2 mins
Sitharaman Highlights Steps to Ensure Regulations Keep Up With Innovations
Union Finance Minister Nirmala Sitharaman in her budget speech said the government is determined to ensure that the regulations must keep up with technological innovations and global policy developments.
1 min
Rethinking the Seven-College Conundrum
The recent clashes between Dhaka University (DU) students and those of the seven affiliated colleges reflect a crisis that is far more profound than administrative inefficiencies or infrastructural shortcomings.
2 mins
Return of Oligarchs
Currently, when tax collections, both direct and indirect, and the Government's spending on infrastructure are at record levels, economists are suggesting that further growth of the economy will depend on a rise in consumption levels, and the time may have come for the Government to cut taxes so that people in the lower and middle brackets have more spending power. Not surprisingly, the Confederation of Indian Industry wants the government to 'focus on enhancing disposable incomes and stimulating spending to sustain economic momentum'
6 mins
Tech Surge
For decades, the prevailing assumption in technology circles has been that the West, led by the United States, enjoys an unassailable dominance in advanced research and innovation.
2 mins
How far right will Germany go?
With only a few weeks until Germany's election, Elon Musk has unambiguously thrown his support behind the far-right Alternative for Germany (AfD) party.
4 mins
Year of snakes, ladders
As China celebrates the Lunar Year of the Snake, the first angpow (red packet gift) was the DeepSeek AI software that shook Wall Street to the tune of nearly $1 trillion in market capitalization.
4 mins
Chhattisgarh BJP lauds Union Budget 2025-26 as blueprint for a developed India
Chhattisgarh's BJP leaders have hailed the Union Budget 2025-26 as a transformative blueprint to position India as a global economic powerhouse by 2047, with sweeping measures targeting farmers, the middle class, youth, and marginalized communities.
1 min
Union Budget 2025-26 to be a milestone in realising the vision of 'Viksit Bharat': CM Yogi
Praising the Union Budget 2025-26, Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that it includes significant provisions aimed at strengthening India's economy and improving the lives of common citizens.
1 min
Assam plans law to legalise buffalo fights, revive cultural traditions
Assam Chief Minister Himanta Biswa Sarma on Saturday said that his government will introduce a new law to legalise buffalo fights in the state, reinforcing Assam's commitment to preserving its cultural heritage.
1 min
Fadnavis Applauds 'Dream Budget' 2025-26
Maharashtra Chief Minister Devendra Fadnavis described Union Budget 2025-26 as a \"dream budget\" for the middle class, stating that it will spur growth and lead to an inclusive economy.
1 min
Not a People-Centric Budget
Mallikarjun Kharge Called it 'directionless' & an attempt by the BJP government to fool the people
3 mins
Hamas Frees 3 Hostages and Israel Releases Palestinian Prisoners in 4th Exchange of Ceasefire
Hamas militants freed three male hostages held for more than a year in the Gaza Strip on Saturday and Israel released 183 Palestinian prisoners from Israeli jails in the fourth such exchange of a ceasefire deal that has halted 15 months of intense fighting.
2 mins
Kalahandi Police Busts Notorious Inter-State Gang of Robbers
Kalahandi district police have busted an inter-state robbery gang with the arrest of eight accused persons involved in a major crime and recovered Rs 3.51 crore of the stolen cash, guns, ammunition and vehicles used in the crime on Saturday.
1 min
Odisha Govt. permits sale and purchase of Pre-RERA apartments
In an attempt to streamline registration processes of the residential apartments completed before February 2017, Odisha announced that the sale and purchase of pre-Real Estate Regulatory Authority (RERA) apartments will now be permitted.
1 min
Three killed as ambulance hits a dumper
In a tragic road accident on Friday, three persons were killed when the ambulance in which they were returning home with a dead body of their relative hit a dumper on NH 16 near Maitapur under Bhadrak district.
1 min
CM hails Union Budget; Says Odisha Stands to Benefit
Odisha ignored, unemployment & price rise unaddressed: Naveen
1 min
Probe into opium cultivation in Similipal region
Police along with the officials of forest, excise and revenue departments in Mayurbhanj district launched a probe on illegal cultivation of opium in the core area of Similipal national park on Saturday after the officials uprooted growing opium plants worth Rs. 60 lakh.
1 min
People Perform Tree Marriage Ritual To Preserve Nature
Amid the rhythmic beating of drums and singing, local residents of Nuagaon village in Kendrapara district married off two trees in a specially organized wedding ceremony on Friday.
1 min
Budget to re-energise economy, encourage investment in private sector: FICCI
The Union Budget proposals will re-energise the economy by uplifting the spirit of the middle class and encouraging the private sector to advance its investment plans as demand improves across sectors, FICCI president Harsha Vardhan Agarwal said on Saturday.
1 min
Davis Cup: Ramkumar, Mukund shine as Indians dominate Togo
India made a strong start to their Davis Cup 2025 campaign on Saturday, taking a 2-0 lead over Togo on the opening day of the World Group I Playoffs at the DLTA complex here.
1 min
Former India star Wriddhiman bids adieu to competitive cricket
Star wicketkeeper-batter Wriddhiman Saha signed off from competitive cricket with a final appearance for Bengal, his state team ended their Ranji Trophy campaign with an innings victory over Punjab in their final group match at the Eden Gardens here on Saturday.
1 min
Galle Test: Lyon, Kuhnemann spin Australia to massive win
Spinners Nathan Lyon and Matthew Kuhnemann shared the spoils as defending WTC champions Australia registered a massive win against Sri Lanka by an innings and 242 runs on Day Four of the first Test at the Galle Cricket Stadium on Saturday.
2 mins
Women's U-19 T20 WC Final: Defending champs India face spirited South Africa
Having won all their matches on the way to the summit clash, 'Women-in-Blue' start as overwhelming favourites
2 mins
The Statesman Bhubaneswar Newspaper Description:
Publisher: The Statesman Net Private Limited
Category: Newspaper
Language: English
Frequency: Daily
The Statesman is one of India’s oldest English newspapers. It was founded in Kolkata in 1875 and is directly descended from The Friend of India (founded 1818). The Englishman (founded 1821) was merged with The Statesman in 1934. The Delhi edition of The Statesman began publication in 1931. The Statesman Weekly is a compendium of news and views from the Kolkata, Bhuvneshwar, Siliguri and Delhi editions.
The Statesman prevailed, as the truth must prevail, and remains a favourite of readers in Kolkata and other parts of India.
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