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RBI Maintains 6.5% Repo Rate, Prioritizes Inflation Control

RBI Governor Shaktikanta Das announced that the Monetary Policy Committee (MPC) opted to keep the repo rate at 6.5%, aligning with economists’ expectations. This marks the sixth consecutive instance where the MPC, consisting of six members, maintained interest rates unchanged. The decision was reached with a 5 to 1 majority.

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Netanyahu Refuses Hamas Gaza Ceasefire, Pledges Victory

Zaina Afzal Kutty

Israeli Prime Minister Benjamin Netanyahu dismissed Hamas’s proposed Gaza ceasefire, asserting that Israel aims for complete victory over the group ruling the blockaded enclave. Netanyahu emphasized that only defeating Hamas entirely can ensure Israel’s security, expressing confidence in nearing triumph within months and emphasizing the need for security restoration.

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