Business & Finance HW Shorts APP News

RBI Maintains Repo Rate At 6.5% For Seventh Consecutive Time

The Reserve Bank of India (RBI) has opted to maintain the key repo rate at 6.5% to continue its focus on curbing inflation. This marks the seventh consecutive occasion where the 6-member Monetary Policy Committee (MPC) has chosen to stabilise the policy rates. The standing deposit facility (SDF) and marginal standing facility also remain unaltered at 6.25% and 6.75%, respectively.

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Vistara Pilots Treated As ‘Bonded Laborers’ Claims Air India Unions

Zaina Afzal Kutty

Two Air India unions have backed Vistara pilots in their strike over pay revision and other grievances. They accused the airline of treating pilots like “bonded labourers” and issuing threats through HR. Vistara, owned by Tata, faced crew shortages and flight cancellations amid protests over merger plans, pay issues, and scheduling conflicts.

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