The Reserve Bank of India’s (RBI) MPC is expected to raise repo rate by 25 basis points before taking a pause, in the bi-monthly monetary policy to be announced on April 6. “With core inflation still above 6 per cent and the threat of rising food inflation, RBI may hike the repo rate one more […]
In response to a series of security incidents attributed to the Iranian-backed Houthi group in the Red Sea, the Indian Navy has strategically positioned heavily armed destroyers, namely INS Kochi, Kolkata, Mormugao, and the frigate INS Trishul. The recent successful escort of MV Chem-Pluto to Mumbai, which suffered a drone strike causing no significant damage, […]