The Reserve Bank of India has unanimously decided to increase the benchmark repo rate by 25 basis points. This decision was made amid rising inflation projections and increasing US bond yields. The bank also revised its economic growth forecast for FY27 to 7.1%, indicating strong economic activity. Inflation is expected to reach an average of 5.2% through FY27, affecting consumer prices.
An IIT graduate has sought immediate work and temporary accommodation in Hyderabad after claiming that her father asked her to leave home, leaving her with money for only two to three days. In a Reddit post, she asked about job opportunities, including live-in maid work, and said she was willing to relocate and start immediately. The post sparked discussion about employment challenges faced by highly qualified graduates.
The Duchess of Sussex has launched her new £112 ($148) gourmet chocolate advent calendar in an online advert in which she wore £75,000 ($100,000) worth of clothing and jewellery.
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
The US president waded into the debate on his Truth Social account on Tuesday evening, claiming the situation in France has become 'out of control'.
Following the 2022 Qatargate bribery scandal, the European Union tightened its lobbying rules in Brussels, where thousands of businesses and industries push their interests to EU lawmakers and officials. - Public agendas - Brussels tightened its lobbying rules after the so-called "Qatargate" cash-for-influence scandal in 2022, when former EU lawmakers were suspected of taking bribes from Qatar and Morocco.
Kathmandu is engaged in discussions with China to resume operations at the Tatopani border point. The border has remained closed since August due to severe floods and landslides affecting both Nepal and China. Infrastructure Development Minister Sunil Lamsal stated that no issues exist on the Nepali side of the border. However, readiness from the Chinese side to reopen remains uncertain as infrastructure is being restored.
West Bengal DGP Siddh Nath Gupta received a six-month extension in service approved by the Cabinet. He was originally set to retire on October 31 after previous extensions. The Appointments Committee made this decision based on public interest reasons. Gupta, a 1992-batch IPS officer, was appointed police chief by the Election Commission earlier this year. This extension relaxes rules governing retirement benefits for All India Services.
West Bengal DGP Siddh Nath Gupta received a six-month extension in service approved by the Cabinet. He was originally set to retire on October 31 after previous extensions. The Appointments Committee made this decision based on public interest reasons. Gupta, a 1992-batch IPS officer, was appointed police chief by the Election Commission earlier this year. This extension relaxes rules governing retirement benefits for All India Services.