India central bank raises repo rate for first time since 2023 as inflation pressures build
India's central bank has raised its benchmark repo rate by 25 basis points to 5.5%, in its first increase in nearly four years. The Reserve Bank of India said the move was aimed at containing inflation as the economy faces a mix of weather-related disruptions, volatile oil prices and wider geopolitical uncertainty. The decision is likely to affect borrowing costs for households and businesses, including car, home and personal loans.Governor Sanjay Malhotra said the central bank could either raise rates further or leave them unchanged, but cuts were "off the table for now". He said the decision reflected challenging geopolitical... [Continue Reading]
360LiveNews | 07 Oct 2026 12:02 LONDON
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Pakistan police use fishing nets at Hangu checkpost to deter drone attacks
Police in Pakistan's Hangu district have installed fishing nets above a security checkpost in an effort to block or blunt drone attacks. The low-cost measure has been put in place at the Sarki Piyala police checkpost in Khyber Pakhtunkhwa province, an area close to the border with Afghanistan and repeatedly affected by militant violence. Officers say the netting has already been in place for two months and has so far prevented further drone strikes at the site.The move follows a deadly attack on 16 April, when drones carrying explosives targeted the checkpost and gunmen opened fire from multiple directions. Police... [Continue Reading]
360LiveNews | 05 Oct 2026 10:00 LONDON
