In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected inflation rate of 3.7% and a need to boost domestic growth, aims to reduce home loan EMIs and stimulate consumer spending.

The Chinnaswamy Stadium bore witness to a tragic scene following a chaotic event, with cleaning staff discovering around 150 bags of discarded footwear, some stained with blood. Workers recounted the harrowing experience, describing the scene as a ‘war zone,’ particularly disturbed by children’s footwear.

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