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Sanjay Malhotra

Sanjay Malhotra

governor of the Reserve Bank of India (RBI)

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  • 2h ago

    Reserve Bank of India raises repo rate to 5.50% in first hike since 2023

    India's central bank unanimously raised its benchmark repo rate by 25 basis points to 5.50% and shifted its policy stance to calibrated tightening, citing elevated oil prices and persistent retail inflation.

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Today’s Brief

Drones sink ships off Bulgaria

Drone strikes widen war risks as Europe tightens politics and markets punish France

The war around Ukraine spilled further into commercial shipping, while Kyiv braced for a larger Russian aerial assault and Yemen's Red Sea fighting intensified. In Europe, governments tried to harden institutions against both security threats and market pressure, with France becoming the week's financial worry.

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  • October 7 attack commemorations in Israel

    Mourners observe a minute of silence at the Nova music festival site at 6:29 a.m. to mark three years since the October 7 attacks.

  • Israeli strikes on Gaza

    Medics report at least two people killed in overnight Israeli strikes across Gaza as commemorations begin for October 7.

  • Kyiv hit by Russian missile strikes

    Increased the death toll to at least eleven people following the massive Russian missile and drone strikes across Kyiv and other Ukrainian regions.

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European Union · Updated 21m ago

The ageing Union's economy

French yields near 5% with Moulin ruling out ECB help, plus a Commission corporate-levy proposal, add new fiscal and revenue-policy elements to the thread.

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