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News Highlights made simple.

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

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THE HINDU

1.

Trump pauses tariffs by 90 days; slaps China with 125%

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.

RBI cuts repo rate by 0.25%, trims GDP growth forecast

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.

Centre approves ₹63,000-crore deal for procuring 26 Rafale-M jets from France

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 ends transshipment facility for Bangladesh exports, cites congestion

India has withdrawn the transshipment facility it had extended to Bangladesh as it was creating "significant congestion" in Indian airports and ports.


5.

Home and abroad 

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.

Ensuring the safety of elephants

A recent case of poaching has sparked concerns about trade in wildlife products.


7.

Democracy and federalism in the delimitation debate

The delimitation debate has to take into account the relative weights of individual electors and Individual States. 


8.

India better off than others in tariff row: RBI Governor

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.

RBI plans market-based route to securitise bad bank assets

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.

U.S. imposes new sanctions on Iran nuclear programme ahead of talks

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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