The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, maintaining a neutral stance. While retaining the FY26 growth forecast at 6.5%, the MPC lowered the inflation projection to 3.1%. This decision considers macroeconomic conditions, the need for further transmission of rate cuts, and favorable monsoon conditions, despite lingering global trade challenges and geopolitical uncertainties.
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A Delhi couple was allegedly denied entry to a Pitampura restaurant because the woman was wearing Indian clothes, sparking outrage after a video of the incident went viral. Delhi Chief Minister Rekha Gupta intervened, ordering an investigation and swift action. The restaurant has since apologised, rescinding dress restrictions and offering discounts to women in Indian attire for Rakshabandhan.
Tamil Nadu Directorate of Government Examinations announced the Class 10 and 11 supplementary exam results. The results are available online. Students can check scores on the DGE website using their registration number and date of birth. Qualified students can proceed with admissions. Students can apply for scanned copies of answer sheets. Revaluation and retotaling options are available.
Shanta Pal, a 28-year-old Bangladeshi woman and former airline crew member, has been arrested in Kolkata for allegedly possessing fake Indian identity documents. Pal, who also worked as a model and food vlogger, had been living in Kolkata with her parents on a valid passport.
The Kremlin announced that a meeting between US President Donald Trump and Russian President Vladimir Putin is expected to occur as early as next week. This meeting comes as Trump seeks to address Russia's ongoing war against Ukraine and its trade practices. While the venue has been agreed upon in principle, details are still being worked out between the two nations.
Football icon Lionel Messi is set to visit Mumbai's Wankhede Stadium on December 14 for a ticketed event. The Mumbai Cricket Association has granted permission, and superstar cricketers may also attend. Messi's India tour includes visits to Kolkata and Delhi, with a potential felicitation by West Bengal's Chief Minister. He may also conduct football workshops.
Prime Minister Narendra Modi announced the return of the sacred Piprahwa relics of Lord Buddha to India after 127 years. Discovered in 1898, the relics were taken abroad during the colonial period. The government intervened after the relics appeared in an international auction, emphasizing India's dedication to preserving its cultural heritage and its deep connection to Buddhism.
Following Mohammed Siraj's stellar performance at The Oval, Virat Kohli's sister, Bhawna Kohli Dhingra, lauded his efforts in India's victory against England. Siraj, the series' leading wicket-taker, received praise from Virat Kohli and a warm welcome upon his return to Hyderabad. His crucial nine-wicket match haul at The Oval secured a narrow win for India, drawing the series 2-2.
Union finance minister Nirmala Sitharaman has strongly condemned Rahul Gandhi's remarks about the late Arun Jaitley, deeming them irresponsible and harmful to the Congress party. Gandhi claimed Jaitley threatened him regarding opposition to farm laws, a claim refuted by Jaitley's son, Rohan, who pointed out his father's death preceded the laws' introduction.
The Donald Trump administration planned to update visa rules. This aimed to prevent transgender women from participating in women's sports in America. US Citizenship and Immigration Services called it a matter of safety. The policy impacted visa categories for individuals with extraordinary abilities. It also extended to national interest waivers.
US President Trump has announced a 25% tariff on Indian exports, effective August 1, impacting sectors like electronics, pharmaceuticals, and jewellery. Trump criticized India's tariffs as "among the highest in the World" and hinted at penalties related to Russian energy purchases. This decision challenges India's trade expectations, potentially affecting 10% of its exports and disrupting key industries.