General
RBI Maintains Status Quo As Repo Rate Unchanged At 6.5%, Flags Inflation Concern
Mumbai: The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
While deliberating the policy statement Friday morning, RBI Governor Shaktikanta Das said the central bank is concerned and it has identified high inflation as a major risk to macro-economic stability and sustainable growth.
Das added the monetary policy committee is committed to align India’s headline inflation at 4 per cent level.
Also, the governor noted 5 out of the 6 MPC members are for remaining focused on “withdrawal of accommodation” in monetary policy stance so as to ensure the inflation progressively aligns with the target, while supporting growth.
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI began on Wednesday, with financial market participants closely monitoring the outcome and the policy stance of the central bank for fresh cues.
RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
RBI in its past three meetings – April, June, and August — held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
A relative decline in inflation, barring the latest spike, and its potential for further decline may have prompted the central bank to put the brake on the key interest rate. Inflation has been a concern for many countries, including advanced economies, but India has largely managed to steer its inflation trajectory quite well.
Barring the latest third straight pause, the RBI raised the repo rate by 250 basis points cumulatively to 6.5 per cent since May 2022 in the fight against inflation. Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Headline inflation in India rose to 7.8 per cent in July due to a surge in prices of food items like wheat, rice and vegetables, including tomatoes, to later fall to 6.8 per cent in August. Inflation data for September is due in next few days
Maharashtra
Mumbai arms supplier arrested from Ghatkopar depot

Mumbai: Police has claimed to have arrested an arms supplier from Ghatkopar Bus Depot who had come here to supply arms to Mumbai. The Mumbai Police Ghatkopar Anti-Gang Squad received information about this. The police laid a trap and took the accused into custody and recovered two country-made pistols and four live cartridges from his possession. During the investigation, the police asked him his name and he revealed his name as Ajay Kailash, a resident of Ujjain. The police have registered a case in this matter and started the investigation. Pantnagar Police has started the investigation in this matter to find out from where the accused had brought the arms to supply arms. This action was taken by DCP Rakesh Ola on the instructions of Mumbai Police Commissioner Deven Bharti.
Maharashtra
Film Icon Dharmendra on Ventilator Support: Sources

Mumbai, November 10:
Legendary Bollywood actor Dharmendra, aged 89, has reportedly been admitted to a Mumbai hospital after complaining of breathing difficulties. According to hospital sources, the veteran actor is under intensive medical care and is said to be on ventilator support as doctors closely monitor his condition.
Dharmendra, one of Indian cinema’s most celebrated figures, was taken to the hospital earlier this week after experiencing shortness of breath. Medical experts attending to him have described his condition as “stable but serious.” The actor’s sons, Sunny Deol and Bobby Deol, are by his side, while other family members and close friends from the film industry are visiting and offering support.
Hospital insiders have indicated that his vital parameters remain within normal range, though his condition requires constant observation due to his age. Doctors have not yet given a timeline for his recovery or discharge.
News of Dharmendra’s health scare has sparked concern across the nation. Fans have flooded social media with messages praying for his speedy recovery. Several film personalities have also expressed their solidarity and shared their affection for the veteran actor, who has been a beloved figure in Indian cinema for over six decades.
Dharmendra, often referred to as the “He-Man of Bollywood,” has appeared in numerous classic films and continues to be revered for his charm, humility, and contribution to Indian film history.
As of now, official updates from the family are awaited, and the hospital has maintained that the actor remains under close medical observation. Fans and admirers across the country continue to hope and pray for the recovery of their beloved star.
Maharashtra
Govandi is changing: Successful Talent of Govandi Festival filled with children’s artistic talents

Govandi: With the aim of changing the negative image of Govandi, notorious for drug addiction and crime, and providing a bright future for the children here, the Abu Asim Azmi Foundation, led by local MLA Abu Asim Azmi, has taken a big step. The foundation recently successfully organized the “Talent of Govandi Festival”, which was going on for the past one month.
The festival organized various competitions related to education, sports, skills and talents. Thousands of children from Govandi, Mankhurd, and Shivaji Nagar enthusiastically participated in more than 17 competitions, including singing, dancing, drawing, speech, mehndi, recitation, naat, handicrafts, rangoli, carom, boxing, cricket, volleyball, badminton, karate and poetry. The children performed brilliantly by showcasing their talents and hard work. The new and hidden talents of Govandi were introduced not only locally but also internationally. On this occasion, those IAS officers who added to the glory of Govandi were also honored. MLA Abu Asim Azmi, motivational speakers Sir Awadh Ojha and Sana Khan, and social media influencer Faizo among other dignitaries were present at the event. All of them encouraged the children and gave them prizes. The main objective of the festival was to encourage children to stay away from drugs and choose a better life and make their future bright, through which the talents of the children of Govindi were introduced to the whole world.
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