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Business

RBI Raises Repo Rate to 5.50%, Signals Calibrated Tightening

The Reserve Bank of India increased the repo rate by 25 basis points to 5.50%, a move largely anticipated by markets. However, the RBI's shift to a policy of 'calibrated tightening' surprised analysts, indicating that near-term rate cuts are unlikely. This approach may selectively pressure rate-sensitive sectors, while banks with stronger balance sheets could fare better amid rising inflation and crude oil prices.

ET Markets·

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Business

India Sets Up Cell to Boost Free Trade Agreement Benefits

The Commerce Department of India has established a utility cell to raise awareness among domestic industries about opportunities from Free Trade Agreements (FTAs). Commerce Secretary Rajesh Agrawal stated the cell aims to help Indian businesses strengthen their global market presence by explaining FTA benefits. The initiative involves industry bodies, export councils, and state governments. India has finalized trade deals with EFTA, New Zealand, Mauritius, UAE, Australia, Oman, the EU, and the UK.

Amar Business·

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Politics

Gauhati High Court Acquits Mother in Infant Murder Case

The Gauhati High Court acquitted a mother sentenced to life imprisonment for killing her 38-day-old baby. The court rejected the confession made to police, suspecting it was given under pressure. It also seriously considered the possibility of postpartum psychosis but did not conclusively determine if the woman suffered from it. The trial court's conviction was overturned.

News18 Hindi··Guwahati

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Entertainment

Ayesha Takia Gained Fame at 15, Quit Acting After Hits

Ayesha Takia gained early recognition at age 15 with Falgunie Pathak's music video 'Meri Chunar Ud Ud Jaye.' She acted alongside stars like Abhay Deol and Salman Khan in hit films. However, before releasing a major blockbuster, she quit acting, married a businessman, and later joined her husband Farhan in the restaurant business, taking a break from films.

News18Hi Entertainment·

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Health

Vidyut Jammwal Performs Trataka Meditation, Not Crying

A viral video shows actor Vidyut Jammwal with tears streaming down his face during a promotional event for his Hollywood film Street Fighter. Contrary to speculation, he was not crying but practicing Trataka, an ancient yogic gazing technique to build focus and still the mind. Yoga expert Sonakshi Dhamija confirmed this, explaining Trataka involves staring at a point without blinking to enhance concentration.

HT Health·

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Science

Greater One-Horned Rhino Re-established in Assam's Manas National Park

Conservation efforts have successfully re-established the greater one-horned rhinoceros in Assam’s Manas National Park after it was once wiped out there. The species was brought back through wild-to-wild translocation and rehabilitation programs. A recent study shows encouraging signs of adaptation in the restored habitat. The rhino, native to India and Nepal, is classified as vulnerable by the IUCN and receives the highest legal protection in India.

Mongabay India··Manas National Park

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