RBI rate cut, RG Kar case, Trump's USAID plan & more top

The RBI’s Monetary Policy Committee cut the repo rate by 25 basis points to 6.25%, maintaining a ‘neutral’ stance. This was the first meeting under new RBI governor Sanjay Malhotra, who cited slowing inflation as the reason for the rate cut. The Calcutta High Court admitted the CBI’s appeal seeking capital punishment for Sanjay Roy in the RG Kar hospital rape-murder case. However, it rejected the West Bengal government’s plea for the same. Rahul Gandhi accused the Election Commission of voter discrepancies in Maharashtra, claiming 9.7 crore people voted despite only 9.54 crore being eligible. The poll panel responded that it would provide a detailed explanation in writing. President Trump plans to slash USAID’s workforce from over 10,000 to fewer than 300 employees as part of a government overhaul led by his close ally, Elon Musk.