RBI raises repo rate to 5.5% to curb inflation while supporting growth

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The Reserve Bank of India's Monetary Policy Committee increased the repo rate by 25 basis points to 5.5%. This decision was driven by persistent inflationary pressures in the economy. It also considered that current economic growth is exceeding earlier estimates. The committee believes this measured hike will help manage inflation without significantly hindering GDP expansion. It expects the robust Indian economy to maintain its resilience across sectors.

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Uttarakhand's Kainchi Dham to implement Char Dham-style pilgrim registration system

The Uttarakhand government will introduce a mandatory registration system for pilgrims visiting Kainchi Dham, the prominent shrine in Nainital district. This system will be modeled on the one used for the Char Dham pilgrimage sites. The decision follows concerns over overcrowding and infrastructure strain at the temple. Authorities aim to better manage visitor flow and enhance safety during peak seasons. The system is expected to be implemented before the upcoming pilgrimage season.

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IndiaNDTV ·

US lost $3.3 billion worth of military aircraft in conflicts involving Iran

The United States military lost 81 aircraft worth $3.3 billion in conflicts involving Iran. The losses included 12 F-15E jets and 45 MQ-9 Reaper drones. Each F-15E jet is valued at over $30 million, while each drone is estimated between $30 and $50 million. The data, reported by NDTV, illustrates the significant material cost of these engagements.

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IndiaNDTV ·

Omani pilot's hijack attempt linked to Syria's extremist conflict, analysts say

An Omani pilot attempted to crash a Flydubai aircraft on September 30. The plane was carrying 175 passengers at the time. Analysts describe the incident as a symptom of Syria's prolonged sectarian and extremist conflict. They argue that the repercussions of this conflict are now extending beyond the nation's borders.

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IndiaTimes of India ·

TMC alleges over 2400 rape cases in five months under Bengal BJP rule

West Bengal's ruling Trinamool Congress has claimed that more than 2,400 cases of rape were registered in the state over five months. The party made this allegation regarding the period when the BJP-led central government had law and order control in the state. The TMC cited data from the National Crime Records Bureau to support its claim. The statement was made as part of the TMC's criticism of the BJP's governance record.

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