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News Highlights provides you with the best compilation of the Daily News Highlights taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
1.
U.S. President says he took the decision after countries reached out to negotiate; US. earlier ramped up duties on Chinese goods to 104%, after which Beijing had increased retaliatory tariffs to 84%.
2.
The Reserve Bank of India slashed the repo rate by 25 basis points to 6% on Wednesday, with its Monetary Policy Committee voting unanimously to reduce the policy rate in a bid to support growth and bring down the interest burden on home, auto, and other loan borrowers. However, this will also reduce the interest earned on savings by depositors.
3.
The Cabinet Committee on Security (CCS), headed by Prime Minister, on Wednesday approved a nearly ₹63,000 crore deal for the procurement of 26 Rafale-M fighter jets from France for the Indian Navy, official sources confirmed.
4.
India has withdrawn the transshipment facility it had extended to Bangladesh as it was creating "significant congestion" in Indian airports and ports.
5.
India must improve research infrastructure to serve its students
The ongoing programme of revoking the visas of foreign students in the U.S., ostensibly for opposing the country's foreign policy, is a direct outcome of the xenophobic tendency in the Trump administration.
6.
A recent case of poaching has sparked concerns about trade in wildlife products.
7.
The delimitation debate has to take into account the relative weights of individual electors and Individual States.
8.
The tariff war unleashed by U.S. President and its global implications have forced the Reserve Bank of India's monitory policy body to cut growth rate by 20 basis points (100 basis point is 1%) for FY25, as resultant economic uncertainties underpinned the decision.
9.
The Reserve Bank of India (RBI) has proposed to introduce securitisation of stressed assets via market mechanism to ease the burden of stressed assets on the lenders.
The policy will enable lenders with stressed assets to bundle into tradeable securities to share the risk of Non-Performing Assets (NPAs).
10.
Tehran's 'reckless pursuit of nuclear weapons remains a grave threat to the U.S. and a menace to regional stability, global security, says Treasury Secretary Scott Bessent; Iran's President Pezeshkian says his nation is 'not after a nuclear bomb.
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