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BusinessPhoto: NDTV Business

BofA and UBS Forecast RBI to Raise Rates by 75 Bps in Nine Months

India's Consumer Price Index (CPI) reached a 23-month high of 5.54% year-on-year in September, driven by rising food and vegetable prices. Brokerages including BofA and UBS expect inflation to rise further due to factors like the Iran war and energy disruptions. They predict the Reserve Bank of India will increase the repo rate by around 75 basis points during FY27 and early FY28 to control inflation.

NDTV Business·

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PoliticsPhoto: Firstpost Business

UK Considers Closer EU Ties Amid Rising Support for Rejoining

Nearly half of UK voters now support rejoining the European Union. Prime Minister Andy Burnham is considering closer ties with the EU due to growing concerns about Brexit's economic impact and shifting public opinion. This marks a potential shift in Britain's approach to its relationship with the EU amid ongoing debates.

Firstpost Business·

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WorldPhoto: News18

Debate Over Durga Puja Origin: Bihar or Bengal?

A viral claim that Durga Puja began in Mithila, Bihar, not Bengal, has sparked online debate. Some cite Mithila's ancient Shakti worship, while others reference medieval Bengali texts and historical records of large celebrations. Historical evidence shows Durga worship has roots in multiple regions, with the festival's elaborate form evolving through interconnected regional histories. The debate also highlights Bihar's administrative history before 1912.

News18·

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BusinessPhoto: Mint Companies

Rajasthan Pollution Board Orders Closure of Carlsberg's Alwar Brewery

Rajasthan's pollution control board revoked Carlsberg India's operating consent for its Alwar brewery due to particulate emissions nearly eight times above the permitted limit. The closure order follows insufficient pollution-monitoring data submission by the brewery. Supplies to Rajasthan may be affected but impact is expected to be limited as closure comes after peak summer. The move coincides with Carlsberg India's $700 million IPO plans.

Mint Companies··Alwar

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PoliticsPhoto: Aaj Tak

Ravinder Govinda Welcomed with Garlands After Release from Jail

Ravinder, also known as Govinda, who was involved in a viral video of a clash during the CJP protest in Delhi, has been released from Hindu Jail. The Hindu Raksha Dal welcomed him with flower garlands. Ravinder claimed his car was surrounded, and he was verbally abused and attacked. Earlier, Delhi Police arrested four people following the viral video of the clash.

Aaj Tak··Delhi

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PoliticsPhoto: Amar Ujala

Deepak Condemns Arrest of CJP Activists Over Tricolour Hoisting

Deepak expressed outrage over the arrest of CJP activists who hoisted the Tricolour flag. He questioned whether hoisting the national flag is a crime and warned that the agitation will become more intense as a result of these arrests.

Amar Ujala·

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