RBI Bulletin: Hike in retail inflation due to food prices has halted overall disinflation process

An encounter occurred between security personnel and Naxalites in Chhattisgarh's Sukma district, starting in the morning during an anti-Naxalite operation in a forest near Bhejji police station. The gunfight is still ongoing, with preliminary reports suggesting that some Naxalites have been killed. Further details are yet to be confirmed. Full Article

US Attorney Breon Peace has the right to issue arrest warrants against Adani and seven others indicted, with the possibility of extradition for those residing in countries with treaties like India. The indictment includes charges of securities and wire fraud, bribery of Indian government officials, and violation of the Foreign Corrupt Practices Act, involving billions of dollars in schemes to deceive US investors and institutions. The defendants, including Adani and his nephew Sagar, face serious...

The United States believes Russia fired an intermediate-range ballistic missile on Ukraine, based on the design of a longer-range ICBM, causing concerns about European missile defense. The experimental missile was said to be limited in quantity, initially mistaken for an ICBM, and was launched with a conventional warhead but could potentially be modified. Russian President Putin confirmed the strike on a Ukrainian military facility with the new missile, raising fears of escalation in the ongoing...

Russian President Vladimir Putin asserted Moscow's right to strike countries supplying weapons to Ukraine, warning of a global conflict and readiness for any scenario in the confrontation with Kyiv and the West. Putin's address on state TV followed Ukraine firing missiles at Russian territory, with the leader vowing a decisive response to aggressive actions and claiming Ukraine's strikes had failed. The warning, among his strongest yet, emphasized the escalating tensions and the potential for further...

Over 300 Chinese troops have arrived in Pakistan to participate in the joint China-Pakistan anti-terrorism exercise called "Warrior-VIII" amid increasing militant attacks, with troops deployed in various specialities for joint counter-terrorism clean-up and strike operations. The drills, held from late November to mid-December, mark the eighth of the series and focus on mixed training and live drills, with Pakistan initiating a military operation targeting militants in affected areas prior to the exercise. Full Article

At the 11th Asean Defence Ministers' Meeting Plus forum, India's Defence Minister Rajnath Singh emphasized India's commitment to freedom of navigation and adherence to international law in the Indo-Pacific region. Singh also highlighted the importance of not allowing the new code of conduct for the South China Sea to undermine the legitimate rights of nations not involved in the discussions. Additionally, Singh met with US Defense Secretary Llyod Austin to discuss advancing cooperation in areas...