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BusinessPhoto: News18 World

Pakistan to Chair IMF and World Bank Boards in 2027

Pakistan will chair the Boards of Governors of the IMF and World Bank Group in 2027, marking its first time since 1953. Despite ongoing reliance on financial aid from these institutions, Pakistan will gain a prominent role in global economic discussions. Economic Affairs Minister Ahad Khan Cheema was named incoming chair during the 2023 Annual Meetings in Bangkok. Pakistan is also awaiting approval for a $1.2 billion IMF loan.

News18 World·

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SportsPhoto: News18Hi Sports

Anvay Dravid and Aaryavir Sehwag Shine in Vinoo Mankad Trophy

Anvay Dravid, Rahul Dravid's younger son, captained Karnataka and scored a blazing 151 runs off 100 balls against Gujarat in the Vinoo Mankad Trophy, leading Karnataka to chase down a target of 358 with five wickets remaining. In another match, Virender Sehwag's son Aaryavir Sehwag scored 173 runs off 143 balls for Delhi, but his team lost despite his brilliant innings.

News18Hi Sports·

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BusinessPhoto: Mint

Subhas Chandra Lal Das Appointed Part-Time Chairperson of FSIB

The finance ministry has appointed former IAS officer Subhas Chandra Lal Das as part-time chairperson of the Financial Services Institutions Bureau (FSIB) for three years. The appointment, effective from the notification date, includes six part-time members: Arijit Basu, Satish Kashinath Marathe, Ramanathan Subramanian, Siddhartha Mohanty, Neerja Kapur, and T.L. Alamelu, all former senior officials from RBI, SBI, LIC, NIACL, and IRDAI.

Mint··New Delhi

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PoliticsPhoto: News18

India Signs ₹4,106 Crore Defence Deals for GSAT-7C and Varunastra

India has signed defence contracts worth ₹4,106 crore for the GSAT-7C communication satellite and Varunastra heavyweight torpedoes. The ₹2,563-crore GSAT-7C deal aims to enhance secure communication for the Indian Air Force, while the ₹1,543-crore Varunastra contract will improve the Navy’s anti-submarine warfare capabilities. Lt Gen D.P. Pandey highlighted GSAT-7C's role in addressing communication gaps from Operation Sindoor.

News18·

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BusinessPhoto: Business Standard

Bajaj Housing Finance Q2 Profit Rises 18% to ₹757 Crore

Bajaj Housing Finance reported an 18% increase in profit after tax to ₹757 crore for Q2 FY27, up from ₹643 crore in the same quarter last year. Total income rose 18.3% to ₹3,251 crore. Net interest income increased 10% to ₹1,055 crore, while loan losses and provisions fell to ₹35 crore. Assets under management grew 25% to ₹1.58 lakh crore as of September 30, 2026.

Business Standard·

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PoliticsPhoto: News18

CJP Protests Spark Debate on Modi Government's Stability

Senior advocate Prashant Bhushan called the Cockroach Janta Party (CJP) protests a fight for "regime change," intensifying political tensions. BJP leaders accuse the Opposition of trying to destabilise the Modi government amid protests against the Election Commission's Special Intensive Revision of electoral rolls. The debate now questions whether the movement seeks electoral accountability or a broader political agenda.

News18·

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