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RBI MPC Minutes: Rate Cuts Off Table Amid Rising Inflation

The October minutes of the Reserve Bank of India's Monetary Policy Committee (MPC) reveal that rate cuts are off the table due to rising inflationary pressures. While the panel signals potential future rate hikes, it remains cautious about an aggressive tightening cycle. Two members opposed the hawkish stance, and RBI Governor Sanjay Malhotra noted that future hikes will depend on growth and inflation trends.

Business Standard·

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BusinessPhoto: Firstpost World

Canadian PM Carney Announces $6.2B Aid to Counter US Tariffs

Canadian Prime Minister Mark Carney announced an $6.2 billion (8.7 billion CAD) aid package to support Ontario's steelmakers, automakers, and critical mineral sectors. The plan aims to protect Canada's manufacturing from US tariffs imposed by President Donald Trump, which Carney said have disrupted decades-old trade agreements, increased costs for American families, and disadvantaged Canadian businesses and workers. Ontario Premier Doug Ford also supported the initiative.

Firstpost World··Ontario

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SciencePhoto: Firstpost World

Toledo Chemical Explosion Involves Hazardous Glycidyl Methacrylate

A chemical tanker carrying glycidyl methacrylate exploded in Toledo, Ohio, on October 20. The incident caused evacuations and shelter-in-place orders after officials reported a transfer error led to the chemical release. Glycidyl methacrylate is an industrial chemical with significant health risks, prompting emergency responses to protect residents.

Firstpost World··Toledo

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WorldPhoto: HT Education

CBSE to Release Class 10 and 12 Date Sheet for 2027 Exams

The Central Board of Secondary Education (CBSE) has not yet released the 2027 date sheet for Class 10 and 12 board exams, scheduled for February 2027. Around 44 lakh students from 8,000 schools in India and abroad will appear. The timetable will include exam dates, subjects, timings, practical exam details, and guidelines. It will be available on cbse.gov.in and cbse.nic.in.

HT Education·

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PoliticsPhoto: News18 World

Trump Suggests Ilhan Omar Could Be Deported Amid Citizenship Probe

US President Donald Trump suggested that Democratic Representative Ilhan Omar of Minnesota could face deportation or jail as federal agencies investigate her naturalisation and immigration status before the midterm elections. Trump accused Omar and others of immigration fraud, calling her dishonest and a disgrace. White House border official Tom Homan said proven allegations could lead to her denaturalisation.

News18 World··Minnesota

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BusinessPhoto: News18Hi Business

Gold and Silver Prices Fall for Third Consecutive Day on October 22, 2026

On October 22, 2026, gold and silver prices declined for the third consecutive day. Silver on MCX dropped by ₹4,550 to ₹2,04,618 per kg, while gold fell by ₹1,558 to ₹1,44,521 per 10 grams. International market pressures, Middle East tensions, rising crude oil prices, upcoming US Federal Reserve meeting, and a stronger rupee influenced the fall. Experts advise investors to monitor market trends and economic data for future fluctuations.

News18Hi Business·

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