RBI MPC meet: The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.
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Amid Rishabh Pant's struggles in Australia, Sanjay Manjrekar argues the focus should be on Pant's underperformance, not his shot selection. Despite earlier success, Pant's recent form is concerning, with just 154 runs in four matches. Manjrekar highlights Pant's overall strong Test record and believes criticism should be on his lack of runs, not how he dismisses.
Shiv Sena leader Neelam Gorhe's controversial remarks at the 98th Akhil Bhartiya Marathi Sahitya Sammelan about gifting Mercedes cars for plum posts in Thackeray's Sena drew criticism from Sharad Pawar and Devendra Fadnavis. Pawar called her statement immature, while Fadnavis urged restraint at such forums.
Jasprit Bumrah's participation in the upcoming Champions Trophy is uncertain due to a back injury. While it might be a minor spasm allowing a quick recovery, a more severe stress fracture could sideline him for months. Former players and trainers urge caution, advising against rushing his return to avoid long-term consequences.
Prafull Billore, the founder of MBA Chaiwala, humorously challenges IITian Baba's prediction about India's victory over Pakistan in the Champions Trophy. Known for his viral 'Panauti' memes, Billore's playful antics on social media have continued to entertain fans amidst India's cricketing triumphs.
The fifth Test between India and Australia at the SCG heads into a promising Day 2 with clear skies. The weather conditions are mostly sunny and breezy, ideal for cricket. Australia's strong start after India posted a modest 185 on Day 1 sets the stage for a potentially decisive day's play.
Iran-backed Houthi rebels in Yemen claimed a second attack on the USS Harry S Truman and its warships within 24 hours. This retaliation followed US airstrikes that targeted Houthi positions in Yemen, resulting in at least 53 rebel deaths and over 100 injuries.
Farmer leader Rakesh Tikait urged unity among protesting groups as Jagjit Singh Dallewal's fast-unto-death entered its 21st day. Farmers held tractor marches and protests in Haryana, supporting demands for MSP guarantees. Further actions include a tractor march outside Punjab on December 16 and a 'rail roko' protest on December 18.
Congress maintains that the closure of Hindenburg Research does not equate to a clean chit for Adani Group and PM Modi, demanding a Joint Parliamentary Committee investigation. They underscore serious allegations ranging from securities law violations to misuse of investigative agencies and bribery. The Swiss prosecutors freezing Adani-linked accounts and the cancellation of Adani projects in several countries add gravity to the accusations.
Chinese daily Global Times commended Prime Minister Narendra Modi for his pragmatic approach towards improving India-China relations despite past tensions. PM Modi highlighted the importance of dialogue over discord during his podcast with Lex Fridman. Noteworthy progress has been made since the Kazan summit and recent border tensions are being addressed to restore normalcy.
A rapidly spreading wildfire in Barnegat Township, New Jersey, has forced mandatory evacuations as it consumes 1,200 acres. The New Jersey Forest Fire Service reports the fire is uncontained, threatening sixteen structures. The Garden State Parkway is closed near Exit 69, and firefighting crews are battling the blaze with aerial support. The cause is currently under investigation.