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Get the appGetChina's central bank is studying the possibility of making the overnight rate its main policy rate. This move aims to enhance monetary policy transmission and better guide market expectations. The change could impact how interest rates are managed and influence economic stability in China, according to Reuters.
Reuters·
PoliticsPhoto: MintSheikh Abdul Hannan, former Chief of Air Staff of Bangladesh Air Force from June 2021 to June 2024, was arrested in Qatar on October 15 over corruption allegations. Bangladesh's Anti-Corruption Commission (ACC) was informed of his detention by Interpol. Hannan faces accusations of accumulating assets beyond known income and suspicious financial transactions, which are under investigation.
Mint·
EntertainmentPhoto: News18 MoviesDuring the Navratri Kunjapuri Mela in Narendranagar, Tehri Garhwal district, Uttarakhand, Cabinet Minister Subodh Uniyal interrupted Punjabi singer Daler Mehndi's performance, accusing him of being drunk. The minister questioned Mehndi's ability to perform, claiming he could not speak properly. A video of the confrontation has gone viral on social media, sparking controversy over the singer's conduct at the event on October 18.
News18 Movies··Narendranagar
PoliticsPhoto: The HinduA court has found former Punjab MLA Simarjeet Singh Bains guilty of defamation. The court ruled in favor of the complainant and sentenced Bains to one year in the defamation case. This decision marks a significant legal outcome involving the former legislator.
The Hindu··Punjab
PoliticsPhoto: Deccan HeraldJawaharlal Nehru University Vice-Chancellor Santishree Dhulipudi Pandit stated that university authorities met the hunger-striking students on October 16 but found no one at the protest site. She claimed medical care was provided twice daily to rusticated students on humanitarian grounds. The VC also noted two rounds of discussions on student demands, with more meetings planned. The students' union accused her of maligning protesters and making misleading claims.
Deccan Herald··New Delhi
SportsPhoto: News18Hi SportsThe 2027 Women's Premier League (WPL) auction will feature 146 players competing for only 27 available team slots. The auction is scheduled for October 28 in Kochi. Notable players like G Kamalini, Sneh Rana, Australia's Sophie Molineux, and Sri Lanka captain Chamari Atapattu will attract bids from franchises.
News18Hi Sports··Kochi
Reuters·
China's central bank is studying the possibility of making the overnight rate its main policy rate. This move aims to enhance monetary policy transmission and better guide market expectations. The change could impact how interest rates are managed and influence economic stability in China, according to Reuters.
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