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BusinessPhoto: Business Standard

RBI MPC Signals No Rate Cuts Amid Inflation Concerns

The Reserve Bank of India's Monetary Policy Committee (MPC) indicated that rate cuts are unlikely soon as headline inflation is expected to reach 6% in Q3 of this financial year. All six members voted for a 25-basis-point repo rate hike to 5.50%, but two members opposed changing the stance from neutral to calibrated tightening. RBI Governor Sanjay Malhotra said future moves could be a rate hike or pause, depending on inflation trends and supply shocks.

Business Standard·

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BusinessPhoto: ET Markets

Sensex and Nifty Rise Despite Rs 8 Lakh Crore Market Selloff

Sensex and Nifty closed above pre-closing auction levels after extreme volatility on Thursday, despite a massive Rs 8 lakh crore market selloff. Elevated crude oil prices, foreign investor outflows, and weak market breadth contributed to cautious market sentiment throughout the day.

ET Markets·

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SciencePhoto: Economic Times

WMO Warns of Unprecedentedly Strong El Nino by 2026

The World Meteorological Organization has warned that El Nino conditions could become unprecedentedly strong, with tropical Pacific sea surface temperatures rising significantly above average. This event, peaking towards late 2026, may cause severe droughts, heavy rainfall, and increased global temperatures. It is part of the El Nino Southern Oscillation cycle, which affects global climate patterns.

Economic Times·

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PoliticsPhoto: The Hindu

Suspected IED Blast Injures Two in East Bengaluru

A suspected Improvised Explosive Device (IED) blast at an under-construction building in Pulakeshinagar, East Bengaluru, injured two people on Tuesday. Allauddin from Assam lost a finger, while Suraj, a security guard from Uttar Pradesh, sustained minor injuries and is being questioned by police. Police recovered small wires from the site, sent for forensic analysis to confirm the device's nature.

The Hindu··Bengaluru

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PoliticsPhoto: Zee News Hindi

Girlfriend Allegedly Smuggled Pistol for Tiger Shroff Attack

Police investigating the October 18 firing at actor Tiger Shroff's car have identified four more suspects, including a woman who allegedly helped transport a pistol from Delhi to Mumbai under her boyfriend's direction. The weapon reportedly passed through multiple people before the attack. Suspects include Kunal and Sumit from Sonipat, Haryana, and Radha and Babita from Uttar Pradesh, with Kunal allegedly involving Radha through their relationship.

Zee News Hindi··Mumbai

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EntertainmentPhoto: HT Entertainment

Ranbir Kapoor Apologizes for Dussehra Speech Mistake in Kolkata

Bollywood actor Ranbir Kapoor apologized for a slip of tongue during a Dussehra event in Kolkata while promoting Ramayana: Rise of a Legend. He mistakenly said that goodness and honesty perish instead of triumphing over evil. At a Chennai event, he clarified and reaffirmed that goodness and truth will ultimately prevail, citing his collaboration with A.R. Rahman on Rockstar to explain how words can sometimes be miscommunicated.

HT Entertainment··Kolkata

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