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- Reuters
India cenbank's income surges on the back of lower provisions in FY24
The Indian central bank's net income surged to 2.11 trillion rupees ($25.30 billion) for the financial year ended March 2024, up from 874.20 billion rupees in the previous year, its annual report released on Thursday showed. The Reserve Bank of India saw a gain of 836.16 billion rupees from foreign exchange transactions during the year, while interest income from foreign securities rose to 653.28 billion rupees. The RBI transferred 428.20 billion rupees towards contingency funds, raising the buffer to 6.5% from 6% last year.
- The Telegraph
France stands as a chilling warning for the UK today
Like many undecided British voters today (and quite a few exasperated Tory ones), I recall what it felt like after two decades of increasingly uninspiring and stale Right-wingers in power: I wanted them out. I was voting for the first time in my life, the year was 1981, and I cast my ballot for François Mitterrand, a hitherto lacklustre Socialist who’d promised Cabinet seats to the then powerful French Communist party.
- The Telegraph
Election diary: What’s happening on the campaign trail today
Rishi Sunak will continue his charm offensive in the south of England on Thursday afternoon as he returns to the South East for an election question-and-answer session with workers in a traditional Tory heartland seat.
