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PM Modi meets Nepalese counterpart K. P. Oli

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PM Modi meets Nepalese counterpart O.P. Oli

[vc_row][vc_column][vc_column_text]Prime Minister Narendra Modi held talks with his Nepalese counterpart Khadga Prasad Oli on Saturday and discussed the possibilities of expansion of bilateral ties in several areas including developmental cooperation, trade and investment, agriculture, energy, infrastructure and connectivity and the people to people contacts.

Ministry of External Affairs tweeted saying, “Strengthening the special and people-centric partnership based on historical and cultural context, PM Narendra Modi warmly welcomes Prime Minister of Nepal KP Sharma Oli at Hyderabad House for delegation level talks continuing the long-standing tradition of high-level visits.”[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]Both the Prime Ministers addressed a joint press conference after the delegation level talks. According to The Himalayan Times, Prime Minister Narendra Modi congratulated Nepal for entering a golden era and said that the political development in Nepal is a matter of joy for India as well.

He said  that there has been historical involvement of India in Nepal’s development and India will continue its support in the future as well for the economic development and prosperity of Nepal.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]Nepal’s PM K. P. Oli said “Prosperity is our common goal. Prime Minister Modi and I had very constructive meeting”. He said that Nepal attaches great importance to its relation with India and as close neighbours the two countries share a common destiny. He said that he had constructive deliberations on specific agendas or bilateral importance with Pm Modi.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]The visiting dignitary congratulated PM Modi on the progress made by India in the last two decades, and further mentioned that Nepal sees this as an opportunity for development.

The Kathmandu based The Himalayan Times reports said that PM Oli stressed the issues of hydropower development, water resources, improving cross border infrastructure including railways and connectivity through river navigation (connected with waterways). On this issue, PM Modi had also said that now the two countries would not just be land-linked but water linked as well.

Meanwhile, prior to the joint press conference, the leaders of the two countries had remotely inaugurated the Birgunj-based Integrated Check Point (ICP).

Nepal’s PM is on a three-day visit on the invitation of PM Narendra Modi. He is accompanied with his wife Radhika Shakya.

Besides official engagements in New Delhi, Nepal’s Prime Minister will be visiting G. B.  Pant University of Agriculture and Technology in Pantnagar, Uttarakhand on Sunday.

Oli arrived on Friday and held meeting with Prime Minister Narendra Modi. He was received by Home Minister Rajnath Singh at the airport.

Nepal’s PM was ceremonially welcomed at Rashtrapati Bhavan on Saturday morning. The visiting dignitary, while talking to the media persons said, “Friendship is most important and there is no comparison with friendship. Any treaty any agreement, everything starts with friendship. With our neighbours, particularly with India, we first expect friendship.”

Meanwhile, Nepalese Prime Minister, responded cautiously on his country’s relations with India and China and maintained neutrality on China’s Belt and Road Initiative (BRI).

He said, “I think we are neutral. Geographically, we are in [the] centre between two countries. We have two friendly neighbours and have a very friendly relationship with both of them. They are more developed and more advanced than us. Also, they are bigger in size and population as well. So, we want to take the opportunity to walk together with both of our neighbours. A feeling of understanding, cooperation and mutual trust is necessary.”
Minister of External Affairs Sushma Swaraj called on him before the two Prime Ministers held delegation level meeting at Hyderabad House. Later in the day Home Minister Rajnath Singh is also scheduled to call on him at Rashtrapati Bhavan.

The visiting dignitary met President Ram Nath Kovind after the ceremonial welcome. He will also meet Vice President Venkaiya Naidu in the evening.

Modi had yesterday met the Nepalese prime minister at the Prime Minister’s official residence here.

India and Nepal ties were at odds last year when Indian origin Madhesi population were running a campaign for their rights. Kathmandu was alleging New Delhi for interfering in its internal affairs. Supplies from India were disrupted due to protests and political instability.[/vc_column_text][/vc_column][/vc_row]

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India and Russia vow to walk together against terrorism, reaffirm strategic partnership

PM Modi and President Putin reaffirm India-Russia unity against terrorism, deepen energy and trade cooperation, and discuss peace efforts amid the Ukraine conflict.

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Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday underlined that India and Russia “walk together in the fight against terrorism,” reinforcing a decades-old strategic partnership that remains steady amid global geopolitical churn. The leaders issued the joint statement following talks at Hyderabad House in Delhi, where they also announced steps to boost trade, economic cooperation, and energy collaboration.

India-Russia stand firm on counter-terror cooperation

PM Modi described President Putin as a “dear friend” and highlighted Moscow’s consistent support to India on counter-terror efforts. Russia had earlier strongly condemned the terror attack in Jammu and Kashmir’s Pahalgam, allegedly linked to Pakistan-based Jaish-e-Mohammed, and reiterated solidarity with India’s fight against terrorism in all forms.

The joint remarks emphasized that the bilateral friendship, rooted in trust and mutual respect, has remained resilient for decades despite global challenges.

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RBI cuts repo rate to 5.25%, paving the way for cheaper loans

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Reserve Bank of India

The Reserve Bank of India (RBI) reduced the key repo rate by 25 basis points to 5.25% on Thursday, signalling relief for borrowers as banks are expected to offer lower EMIs on home and vehicle loans. Governor Sanjay Malhotra announced the move after the conclusion of the three-day Monetary Policy Committee (MPC) meeting.

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Malhotra said the decision was unanimous, with the central bank choosing to focus on supporting economic momentum despite concerns over a weak rupee. The repo rate was earlier cut in June from 6% to 5.5% amid easing inflation trends.

The RBI now projects Consumer Price Index (CPI) inflation at 2% for FY2025-26, significantly softer than earlier estimates. For the first quarter of FY2026-27, inflation is expected at 3.9%, lower than the previous projection. The governor noted that rising precious metal prices may contribute to the headline CPI, but overall risks to inflation remain balanced.

GDP outlook strengthened

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Other key decisions

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IndiGo flight chaos deepens as over 500 services cancelled, passengers stranded for hours

Over 500 IndiGo flights were cancelled nationwide, leaving passengers stranded without food, clarity or their luggage as airports struggled to manage the disruption.

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IndiGo flight

India’s largest airline continued to face massive operational breakdowns, triggering frustration among travellers at major airports across the country. From piles of unattended suitcases to passengers waiting over 12 hours without food or clarity, the disruption stretched into its fourth consecutive day.

Long delays, no communication leave passengers anguished

Several travellers at Delhi airport described the situation as “mental torture”, as thousands of unclaimed suitcases lay scattered across the terminal. Many slept on the floor, while others expressed anger over the lack of communication from airline staff.

One flier said he had been waiting for over 12 hours without any explanation: “Every time they say one-hour or two-hour delays. We were going to a wedding but don’t even have our luggage.”

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Goa and Chennai airports also witnessed tense moments. Videos from Goa showed fliers shouting at IndiGo staff as police attempted to calm the situation. At Chennai, CISF denied entry to IndiGo passengers due to heavy congestion.

Major metro airports impacted; cascading cancellations nationwide

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Pune airport stated that parking bay congestion worsened the situation, as several IndiGo aircraft remained grounded due to lack of crew. Other airlines continued operations without disruption.

Airport authorities said they had mobilised additional manpower for crowd control and passenger support.

IndiGo admits planning lapses, says more cancellations expected

The airline acknowledged a “misjudgment” in assessing crew requirements under revised night-duty norms, which it said created planning gaps. Winter weather and airport congestion further aggravated the crisis.

IndiGo informed the aviation ministry and DGCA that some regulatory changes—such as the shift in night-duty timings and a cap on night landings—have been rolled back temporarily to stabilise operations.

The airline warned that cancellations may continue for another two to three days, and from December 8, schedules will be trimmed to prevent further disruption.

In a message to employees, CEO Pieter Elbers said restoring punctuality would not be an “easy target”.

Airline issues apology amid nationwide frustration

In a late-night statement, IndiGo apologised to customers and industry partners, acknowledging the widespread inconvenience caused by the disruptions. The airline said all teams were working with authorities to bring operations back to normal.

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