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Breaking News HIGHLIGHTS: US Announces $1.1 Billion In New Arms Aid For Ukraine

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Breaking News HIGHLIGHTS: US Announces $1.1 Billion In New Arms Aid For Ukraine

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Hello and welcome to ABP HIGHLIGHTS. Follow ABP Live's blog to get the latest developments, breaking news, latest update and other developing stories across the country and abroad.

PM Modi To Virtually Inaugurate Intersection Named After Lata Mangeshkar In Ayodhya

Prime Minister Narendra Modi will virtually inaugurate an intersection in the memory of voice queen Lata Mangeshkar on the occasion of her 93rd birth anniversary, officials said.

The new Ghat area situated on the banks of river Saryu has been developed as Lata Mangeshkar Chauraha with an estimated budget of Rs 7.9 crore. 

The main attraction of the respective place is that the Indian musical instrument 'Veena' has been installed there which weighs 14 tons, length 40 feet and height 12 meters.

Lata Mangeshkar's family members and many guests related to the film world are expected to attend the ceremony. 

RBI's Rate-Setting Panel To Start 3-Day Meet, Another Rate Hike Likely

The Reserve Bank's rate-setting panel will start its 3-day deliberations on Wednesday amid expectations of yet another rate hike of 50 basis points to check high inflation, in line with similar actions taken by other major central banks, including the US Fed.

Based on the recommendations of the Monetary Policy Committee (MPC), the RBI had effected 50 basis points increase in repo rate each in June and August after raising the short-term lending rate by 40 basis points in an off-cycle decision in May.

The MPC, headed by RBI Governor Shaktikanta Das, is scheduled to meet during September 28-30. The decision will be announced on Friday (September 30).

The RBI, which has since May raised the repo rate by 140 basis points (bps), may yet again go for a 50-bps increase, which will take the key rate to a three-year high of 5.9 per cent, say experts. The present rate is 5.4 per cent.

22:21 PM (IST)  •  28 Sep 2022

Breaking News LIVE: US Announces $1.1 Billion In New Arms Aid For Ukraine

22:07 PM (IST)  •  28 Sep 2022

Breaking News LIVE: Active Shooter Reported At Arkansas Hospital, Officials Say

21:11 PM (IST)  •  28 Sep 2022

Breaking News LIVE: Centre Directs States, UTs To Exercise Powers Of UAPA Against PFI, Its Affiliates

18:51 PM (IST)  •  28 Sep 2022

Breaking News LIVE: Lt Gen Anil Chauhan Appointed As Next Chief Of Defence Staff

18:46 PM (IST)  •  28 Sep 2022

Breaking News LIVE: Jasprit Bumrah Ruled Out Of First T20I Against South Africa With Back Injury

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