Kerala Budget 2025 Highlights: Kerala Finance Minister K.N. Balagopal presented the 2025-26 budget, focusing on Metro rail projects, high-speed rail corridors, and the K-Homes project for tourism. Rs 750 crore is allocated for Wayanad rehabilitation. The budget also includes provisions for infrastructure development, social welfare, and healthcare, with significant investments in scholarships, pensions, and the Karunya Health Scheme.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.