India's inflation is projected to reach 6-7% due to increasing price pressures and consumer expectations. The Reserve Bank of India has acknowledged risks stemming from rising input costs and resilient domestic demand. Recent trends show that household inflation expectations are significantly higher than headline inflation rates. The RBI has raised its GDP growth projection while revising inflation forecasts upwards to 6% for the upcoming quarter.
P V Sindhu faces world No.1 An Se-young in the opening round of the Denmark Open, while Lakshya Sen plays Chou Tien Chen.
The Congress party has called for the government to prorogue both houses of Parliament. They emphasized the necessity for an all-party dialogue regarding the delimitation issue. Congress leader Jairam Ramesh stated that the Chief Election Commissioner must first resign for meaningful discussion. Additionally, he mentioned that recent attempts by the Modi government to push through contentious bills have faced opposition.
The Supreme Court has ordered the MMRDA to deposit Rs 646 crore with its registry by November 6. This order is in relation to a delay in construction by Reliance Industries at Bandra-Kurla Complex. Additionally, the court has issued a notice to Reliance Industries promoted by Mukesh Ambani. The MMRDA is challenging a Bombay High Court order that quashed an earlier demand against the company.
Bangladesh Home Minister Salahuddin Ahmed will skip the BIMSTEC meeting in New Delhi. Instead, a senior bureaucrat will represent Bangladesh. The meeting focuses on strengthening security cooperation among South and Southeast Asian nations bordering the Bay of Bengal. Bangladesh currently holds the chairmanship of BIMSTEC and seeks better coordination on law enforcement and anti-terrorism efforts. Tensions between India and Bangladesh have increased following the political changes in 2024.
Bangladesh Home Minister Salahuddin Ahmed will skip the BIMSTEC meeting in New Delhi. Instead, a senior bureaucrat will represent Bangladesh. The meeting focuses on strengthening security cooperation among South and Southeast Asian nations bordering the Bay of Bengal. Bangladesh currently holds the chairmanship of BIMSTEC and seeks better coordination on law enforcement and anti-terrorism efforts. Tensions between India and Bangladesh have increased following the political changes in 2024.
Saudi Arabia is experiencing a critical shortage of interceptor missiles as Houthi attacks intensify across the region. Recent strikes on King Khalid International Airport resulted in multiple fatalities and injuries, raising significant security concerns. The Indian Embassy confirmed the death of an Indian national injured in the attack, amidst concerns for injured citizens. Houthi military officials are warning international travelers against flights to Saudi airports, citing safety issues.
Turkey, Pakistan, Egypt and Saudi Arabia condemned attacks by Yemen's Houti militants on Riyadh's interational airport. They said the attacks were a dangerous escalation and cannot be justified or accepted under any pretext. The remarks follow a Houthi strike on Riyadh's International airport which killed one person and injured a dozen. The group of regional powers - dubbed the R4 - reaffirmed their solidarity and support for Saudi Arabia.