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Monsoon

Death toll reaches 257 in Himachal monsoon; Public infrastructure badly damaged

District-wise data shows that Mandi (26 deaths), Kangra (28), and Kullu (11) were among the worst-affected in rain-triggered disasters. Among the deaths, 133 were deaths reported in rain-related incidents such as landslides, flash floods, drowning, and electrocution, and another 124 fatalities in road accidents,.

Structural Strains

The Reserve Bank of India’s decision to leave its policy rate untouched at 5.5 per cent is less about caution and more about recognition ~ it knows the easy wins from rate cuts have already been taken.