Bhaskar English brings you the biggest developments from India and abroad. Here are top headlines. The Day Ahead: News This Morning: 1. RBI cut repo rate by 0.25%: Loans can become cheaper, existing EMI will also decrease; Interest rates reduced after nearly 5 years The Reserve Bank of India (RBI), governor, Sanjay Malhotra, said on Friday, February 07, 2025 that the Monetary Policy Committee (MPC) had decided to cut repo rate by 0.25% to 6.25%. This was the first time in nearly last five years that the central bank had revised the benchmark policy rate. It was in May 2020, that, the apex bank had last cut the rates. 2. Gold increased by ₹86, silver by ₹629: Price of one kilogram crossed ₹95,000, gold rates up ₹8,000 this year On the last trading day of the week, ie, on Friday, February 07, there was an increase in the prices of gold and silver. According to the India Bullion and Jewelers Association (IBJA), the rate of 10 grams of 24-carat gold increased by ₹86 to close at ₹84,699. 3. Updated MG Astor launched in India at starting price ₹10 lakh: Compact SUV with Level-2 ADAS includes 49+ safety features JSW-MG India has launched the 2025 model of the compact SUV Astor in India at starting price of ₹10 lakh. It comes with personal AI assistance and Level-2 Advanced Driver Assistance System (ADAS) with more than 49 safety features. 4. Ola's loss increased by 50% in the third quarter: Electric two-wheeler company's revenue decreased by 19% India's largest electric two-wheeler manufacturer Ola Electric Mobility reported a consolidated net loss of ₹564 crore in the third quarter of the fiscal year 2024-25. In the same quarter a year ago, the company had reported a loss of ₹376 crore. On an annual basis, the company's loss has increased by 50%. 5. Ajax Engineering IPO to open on February 10: Co aims to raise ₹1,269 crore The Initial Public Offer (IPO) of Ajax Engineering Limited would open for public subscription from February 10. The IPO would close on February 12. Domestic gas cylinder prices on February 08, 2025:Original Article