India News Digest
The Reserve Bank of India raised interest rates for the first time in nearly four years, while the country's foreign exchange reserves have fallen for a fourth straight week. Opposition leader Rahul Gandhi and other opposition lawmakers were reported detained over a protest against the election chief.
India Today
Rahul Gandhi and Opposition Lawmakers Detained Over Election Chief Protest
Opposition leader Rahul Gandhi was detained over a protest against the election chief, and reports say opposition lawmakers were detained for a second day. Priyanka Gandhi was also reported detained before being released, and DMK reportedly reversed its position on a planned Delhi protest march against Gyanesh Kumar.
Protests Overshadow Modi's 25-Year Milestone
DW reports that protests are clouding a 25-year milestone for Prime Minister Narendra Modi.
RBI Raises Rates for First Time in Nearly Four Years
The Reserve Bank of India hiked interest rates for the first time in nearly four years as inflation risks build, according to CNBC, Reuters and Bloomberg reports. The move places India among countries tightening monetary policy.
Foreign Exchange Reserves Fall for Fourth Week
India's foreign exchange reserves have declined for a fourth consecutive week, now down $50 billion from their September peak.
Sun Pharmaceutical Considers $1.55 Billion Debenture Raise
Sun Pharmaceutical is considering raising $1.55 billion through debentures, according to Reuters.
India Braces for El Niño Food and Economic Risks
A CNBC newsletter reports that India faces a possible food crisis and economic shock as it prepares for El Niño weather conditions.
India Ends Asian Games With 85 Medals
India finished its Asian Games campaign with 85 medals, with gold medals won in cricket, hockey and kabaddi.
Ajit Agarkar's Tenure as Men's Chief Selector Ends
Ajit Agarkar's tenure as India's men's chief selector has ended, according to the ICC.
Delays and Rising Costs Hit India's Bullet Train Project
Telegraph India examines why India's bullet train project has been affected by delays and rising costs.
Musk Says Oligarchs Are Blocking Starlink in India
Elon Musk said that certain oligarchs are blocking Starlink's service in India, according to Forbes and The Times of India.
India Research Center Marks 10 Years
The India Research Center, linked to the Harvard T.H. Chan School of Public Health, marked 10 years of public health work in India.
India News
Indian Small Steelmakers Face Hurdles in Going Green
Eco-Business reports that India's small steelmakers have no easy route to reducing their emissions.
Government Calls for End to Targeting of Sailors
The Times of India reports that the government says the targeting of sailors must end. The report does not provide further detail in the available headline.
India Wins Four Gold and One Silver at Astronomy Olympiad
India won four gold medals and one silver at the 19th International Olympiad on Astronomy and Astrophysics, according to News On AIR.
PM Modi Says India Moved From Policy Paralysis to Reform
Prime Minister Narendra Modi said that after 2014, India moved from policy paralysis to a reform drive, according to News On AIR.
Tamil Nadu Granite Businessman Arrested in Sexual Assault Case
Veeramani, a Tamil Nadu granite businessman, was arrested in a fresh sexual assault case after a survivor filed a complaint, according to NDTV.
Defence Minister Calls for Integrated Maritime Ecosystem
Defence Minister Rajnath Singh said India needs a strong and integrated maritime ecosystem to enhance its defence capabilities. Coverage is from News On AIR.
Notable quotes
certain oligarchs — Elon Musk