The Reserve Bank of India has raised the average cash reserve ratio requirement for banks. This new rule mandates that banks must maintain a higher daily average of deposits with the central bank. The policy change was announced by RBI Governor Shaktikanta Das. The adjustment aims to better manage liquidity within the banking system.
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Members of Parliament from the opposition INDIA bloc staged a march from Parliament House. The protest occurred on Wednesday in New Delhi. This action was taken to demonstrate against the suspension of 141 opposition MPs from the ongoing Winter Session. The suspended lawmakers have been barred from participating in parliamentary proceedings.
The state of Montana is expecting significant winter weather. Forecasts predict up to three inches of snow alongside strong winds. This system is set to arrive imminently, according to a report in the Economic Times. The conditions are likely to create hazardous travel and potentially disrupt daily activities.
Indian Railways has cancelled multiple trains between Mumbai and Delhi. The cancellations are a direct result of the ongoing 'Chalo Delhi' protest by farmers. This disruption is impacting travel along this crucial national corridor. The railway authorities took this step to ensure safety and manage the operational challenges posed by the agitation.
Congress MP Rahul Gandhi stated his party's state election victories would lead to the central government's fall. He made these remarks during a campaign event in Punjab's Barnala district. Gandhi claimed the current administration is afraid of opposition unity. He predicted a shift in power following the upcoming state assembly results.
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