The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
Magnus Carlsen banged the table while his game against World Champion D Gukesh was still in progress, an act that violated chess conduct rules.
The weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity may result in the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to cut the repo rate by another 25 basis points, opine top economists. They also said the external economic pressures like trade policies and others would require continued RBI's accommodative stance and policy support for the Indian industry to sustain the growth.
Two associations claiming to represent Bihar chess has startled the AICF.
'There's too much coincidence in back-to-back failures of missions critical to national security.'
BJP MP and actor Ravi Kishan has been awarded the Sansad Ratna for his outstanding performance in the Lok Sabha, becoming the first actor-turned-politician to receive the honour.
Three decades and seven films after the first blockbuster Mission: Impossible film in 1996, Tom Cruise, now 62, returns with yet another installment in the franchise, Mission: Impossible - The Final Reckoning.
The main focus of the all weather RISAT-1B satellite will be to observe the Indian land with its C-band synthetic aperture radar.
Twice every 12 days, the NISAR satellite will scan nearly all of earth's land and ice surfaces to measure changes in the planet's ecosystems, growth and retreat of its land and sea ice, and deformation of its crust.
The need for NavIC was cemented after India was denied access to crucial navigation data from global providers during the 1999 Kargil War.
Pakistan is holding a high-level security meeting to formulate a response to India's suspension of the Indus Water Treaty and downgrading of diplomatic ties. The meeting, convened by Prime Minister Shehbaz Sharif, will include the National Security Committee, three services chiefs, and key ministers. The move comes after India blamed Pakistan for a terror attack in Pahalgam, which Pakistan has denied. Diplomatic observers warn that the escalation could further strain relations between the two countries.
Pakistan has expressed condolences over the deaths of tourists in a terror attack in Pahalgam, Jammu and Kashmir, that killed 26 people. The Foreign Office spokesperson said Pakistan is concerned at the loss of tourists' lives and wished the injured a speedy recovery. The attack, claimed by The Resistance Front (TRF), a proxy of the banned Pakistan-based Lashkar-e-Taiba (LeT), is the deadliest in the Valley since the Pulwama strike in 2019.
ISRO has projected wheat production of 122.24 million tonnes.
President Vladimir Putin has thanked Palestinian group Hamas for releasing three Russian hostages captivated during the October 2023 attack on Israel.
China on Friday raised its additional tariffs on imports from the United States to 125 per cent in retaliation to the Trump administration's 145 per cent levies on Chinese exports.
The Slovak Republic's President, Peter Pellegrini, has expressed interest in adopting a tree-planting initiative similar to India's "Ek Ped Maa Ke Naam," launched by Prime Minister Narendra Modi. The inspiration came during a meeting with Indian President Droupadi Murmu, who was on a two-day state visit to Slovakia. During a tree-planting ceremony in Nitra, Murmu highlighted Modi's initiative to plant trees in the name of mothers. Pellegrini was impressed and suggested that Slovakia could consider a similar program. The initiative, launched on World Environment Day last year, encourages people to plant a tree in their mother's name as a symbolic gesture of love and respect.
Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, has been taken into 18-day custody by the National Investigation Agency (NIA) in India. Rana was extradited from the United States after years of legal battles and will be questioned to unravel the complete conspiracy behind the attacks.
The US has sanctioned an Indian national based in the United Arab Emirates and two India-based entities for operating as part of Iran's shadow fleet and involved in shipping Iranian oil. The US Department of the Treasury said Jugwinder Singh Brar, who owns multiple shipping companies, operates as part of Iran's shadow fleet, which the US said is used to evade sanctions and transport Iranian oil. Brar also owns or controls India-based shipping company Global Tankers Private Limited and petrochemical sales company B and P Solutions Private Limited. The sanctions come as part of a US campaign of maximum pressure on Iran and target the country's petroleum and petrochemical sectors.
The United States has extradited Pakistani-Canadian Tahawwur Hussain Rana to India to face charges for his alleged involvement in the 2008 Mumbai terrorist attacks. Rana, 64, was convicted in the US in 2011 for providing material support to Lashkar-e-Taiba, the Pakistani militant group responsible for the Mumbai attacks. The US Department of State said it has long supported India's efforts to bring those responsible for the attacks to justice and that the extradition is a critical step towards seeking justice for the victims. Rana's extradition comes after the US Supreme Court denied his last-ditch attempt to evade extradition. He will now face justice in India for his role in the attacks which killed 166 people, including six Americans.
Senior advocate Dayan Krishnan, who led India's arguments for the extradition of 26/11 accused Tahawwur Rana in a United States court, is set to lead the National Investigation Agency's (NIA) prosecution in Delhi.
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