India may soon feel a stronger impact of the ongoing conflict in West Asia, with rising global crude oil prices likely to affect consumers if disruptions continue, RBI Governor Sanjay Malhotra said. Addressing the 12th high-level conference on the International Monetary System, organised jointly by the International Monetary Fund and the Swiss National Bank, Malhotra said the Indian government has so far absorbed much of the pressure caused by higher international oil prices.
For the first time in days, residents of Delhi-NCR received relief from the intense heat on Thursday evening as heavy rain, thunderstorms and strong winds swept across the region. Several areas witnessed intense downpours, with videos shared on social media capturing the dramatic change in weather.
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Day after the Aam Aadmi Party (AAP) registered a big win in the local body elections in Punjab, the Bharatiya Janata Party (BJP) alleged malpractices and claimed that the ruling party won the polls only by rigging them. It also alleged that the nomination papers of BJP candidates were arbitrarily and citizens were assaulted.
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