The Reserve Bank of India has significantly reduced the repo rate by 50 basis points to 5.5%, accompanied by a 1% decrease in the Cash Reserve Ratio, injecting substantial liquidity into the banking system. While borrowers can anticipate cheaper loans, fixed deposit investors face the prospect of declining interest rates.
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Following the tragic terrorist attack in Baisaran meadow, the J&K government, led by CM Omar Abdullah, has announced the construction of a memorial to honour the 26 victims. Aiming to restore tourist confidence, the cabinet meeting cleared the memorial in Baisaran — about 7km from Pahalgam and reachable either on foot or by horse — and Omar said he instructed PWD to start work.
Taylor Swift and Travis Kelce's relationship is reportedly getting serious, with talks of engagement on the horizon. Sources suggest Kelce may seek Swift's parents' blessing soon. However, Swift's absence at the American Music Awards 2025 sparked controversy, with fans alleging she was snubbed after failing to win any awards. Despite the AMA drama, the couple seems focused on their relationship.
Astronauts Butch Wilmore and Suni Williams completed their Earth return and physical therapy after an extended stay on the ISS due to Starliner complications. They are now involved in Boeing and NASA initiatives, managing post-flight recovery while addressing pre-existing physical issues exacerbated by gravity's return. NASA considers another uncrewed Starliner flight before resuming human missions, pending summer testing results.
In Alwar, a shocking incident occurred at ESIC Medical College where a 32-year-old woman, recovering from a tubectomy in the surgical ICU, was allegedly raped by a nursing staff member. Following the husband's complaint and the woman's disclosure, police have registered a case, and the accused, Subhash Ghithala, has been barred from the hospital.
Punjab Kings bowler Yuzvendra Chahal, who is nursing a wrist injury, and Mumbai Indians' seamer Deepak Chahar, who didn't play the Eliminator against Gujarat Titans due to a hamstring niggle, are likely to play for their respective teams in Qualifier 2 at the Narendra Modi Stadium in Ahmedabad.
A Delhi court is reviewing a money laundering case involving Shravan Gupta, who was convicted in Abu Dhabi for similar offenses. Gupta is challenging a summons issued by an Indian court, arguing double jeopardy under the Indian Constitution and CrPC.
A fresh dispute has erupted between Karnataka CM Siddaramaiah and Deputy CM DK Shivakumar over the transfer of five senior engineers. Shivakumar has formally objected to the transfers, stating they were made without his approval, violating an agreement made when the government was formed.
Pulkit Arya's claim in the Rishikesh resort murder case was debunked by meteorological evidence regarding the moonrise time. Arya had falsely stated the victim's accidental fall into a barrage occurred around 9 pm with sufficient natural light. However, the moonrise time confirmed it was dark, contradicting his statement and highlighting inconsistencies in his account, ultimately contributing to his conviction.
Megha Vemuri, MIT's Class of 2025 president, was banned from her graduation after delivering a pro-Palestine speech criticizing the university's ties with Israel. MIT cited disruption of an official event as the reason, leading to online backlash and Vemuri deleting her LinkedIn profile. The incident highlights the ongoing tensions surrounding campus activism and free speech related to the Israel-Gaza conflict.
In a significant verdict, a Kotdwar court sentenced Pulkit Arya and his accomplices to life imprisonment for the murder of Ankita Bhandari. The court found them guilty under IPC sections 302, 210b, and 201. Ankita, a resort receptionist, was murdered after allegedly resisting pressure to provide 'special services' to guests.