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‘Best possible option’: RBI may cut rates by 25 bps in October, says SBI report; flags ‘Type 2 error’ risk

The Reserve Bank of India’s Monetary Policy Committee (MPC) may cut rates by 25 basis points in its September meeting, according to a report by State Bank of India (SBI).The report highlighted that a rate cut in September makes sense, as inflation is already under control and is expected to ease further.The report warned that…

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Air India crash: Supreme Court questions preliminary report suggesting pilot error; calls it ‘unfortunate’ | India News

NEW DELHI: The Supreme Court on Monday raised serious concerns over the AAIB preliminary report on the June 12 Air India Crash, calling certain aspects “irresponsible.” A bench of Justices Surya Kant and N Kotiswar Singh issued notice to Centre and the director general of civil aviation (DGCA) on a plea seeking an independent, fair…

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