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BusinessAccording to a Business Standard poll and various financial analyses, the Reserve Bank of India (RBI) is expected to raise the repo rate by 25 basis points in its October meeting. Experts cite persistent inflation and pressure on the rupee as reasons for a modest rate hike. SBI Research also supports this 25-basis-point increase to manage economic conditions.
business-standard.com·
WorldPassengers on flydubai flight FZ1073 from Dubai to Tel Aviv reported a hijacking attempt when the Omani co-pilot, Hamam Al-Hammami, attacked the pilot-in-command, Smit Machchhar. After passengers restrained and tied the co-pilot, the crew reportedly asked them to untie him, raising suspicions. The pilot was injured but managed to open the cockpit door, allowing passengers to intervene and a second pilot to take control.
HT World·
PoliticsUS President Donald Trump announced that if Republicans win both the House and Senate in the 2026 midterm elections, he will issue $5,000 checks to all adult US citizens residing in the country. The plan targets about 245 million adults, costing an estimated $1.22 trillion. Trump emphasized the payments would exclude American citizens living abroad.
HT World·
BusinessMumbai's film ticket prices could rise significantly following a proposed entertainment tax increase from ₹60 to ₹400 per show by the BMC. Exhibitors expect to pass this higher tax cost onto customers, potentially making tickets up to seven times more expensive. This change aims to boost municipal revenue but may impact moviegoers' expenses.
Mint··Mumbai
WorldBhutan has awarded the airfield construction contract for Gelephu International Airport to Rigsar-Vajra Joint Venture. The airport will feature a 3-kilometre runway, taxiways, aprons, and systems for safe, all-weather flight connectivity. This project is part of Bhutan's nation-building vision and the development of Gelephu Mindfulness City. The contract covers major infrastructure including the ATC tower and ground lighting.
NDTV World··Gelephu
WorldOn September 23, fighting broke out in northern Ethiopia as the Tigray People's Liberation Front (TPLF) launched attacks into neighboring states. This escalation has raised fears of a return to the devastating civil war that lasted from 2020 to 2022. The TPLF also abandoned the regional capital as government forces advanced.
Hindu World·
business-standard.com·
According to a Business Standard poll and various financial analyses, the Reserve Bank of India (RBI) is expected to raise the repo rate by 25 basis points in its October meeting. Experts cite persistent inflation and pressure on the rupee as reasons for a modest rate hike. SBI Research also supports this 25-basis-point increase to manage economic conditions.
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