Top headlines: RBI cuts repo rate, pressure on Facebook grows and more

The Indian Air Force (IAF) made a "big mistake" when it shot down its own helicopter in Kashmir on February 27, said Air Chief Rakesh Kumar Singh Bhadauria

India's central bank cut the key policy rate to its lowest levels in nearly a decade, but trimmed its 2019-20 growth forecast. India's services sector slipped into contraction in September as new business orders fell for the first time since early 2018, said a private survey. The Reserve Bank of India's decision to put Lakshmi Vilas Bank under corrective action doesn't mean it has made up its mind about the private lender's proposed merger with Indiabulls Housing, said governor Shaktikanta Das. The United States, Britain and Australia have called on Facebook to give authorities the ability to circumvent encryption used