Kochi: The NIA has confirmed that Faisal Fareed has been arrested by the UAE in connection with a gold smuggling case. In addition to Faisal Fareed, Rabins was also arrested in Dubai by the UAE. There were rumors that they had been arrested earlier in the UAE, but no official confirmation has been received. Faisal Fareed is the third accused in the case and Rabins Hameed is the 10th accused. Faisal Fareed, Rabins Hameed, Siddique Akbar, Ahmed Kutty, Ratheesh, and Mohammad Shamir were issued Blue Corner notices. The NIA has charged Faisal with forgery, aiding and abetting terrorism, and complicity in smuggling. Customs had received information that Rabins, a native of Muvattupuzha, had helped Faisal Fareed to smuggle gold in a diplomatic parcel. Earlier, Rabins was under customs surveillance.

Mumbai: The Reserve Bank of India will announce its monetary policy on October 9. The next meeting of the Monetary Policy Committee (MPC) is scheduled for October 7 to October 9, the RBI said in a press release. They will have a term of four years.

The government has appointed three prominent economists, Ashima Goyal, Jayant R Verma, and Shashanka Bhide, as members of the Reserve Bank’s Monetary Policy Committee. They will have a term of four years.

Jayant Verma is a Professor at the Indian Institute of Management (IIM), Ahmedabad. Ashima Goel is an expert in the field of financial marketing. Ashima Goel has extensive experience in monetary policymaking.

In 2016, the government shifted the task of adjusting interest rates from the RBI governor to a six-member MPC. Half of the panel headed by the RBI governor will be external independent members.

New Delhi: The Union Ministry of Health today issued special guidelines on measures to curb the spread of Covid-19 during the festive season. October to December is the month when many people gather for cultural events for Religious worship, fairs.

The ministry said it was important to take necessary preventive measures to prevent the spread of infection. People over the age of 65, pregnant women, and children under the age of 10 should stay at home. The ministry also asked governments to prepare detailed plans for thermal

screening, physical distance and hygiene, and social distance keeping. Of people at rallies and immersion events care should be taken not to exceed the number limit. Events lasting days or weeks require strict control.

New Delhi: India’s state-of-the-art missile technology test is successful in the context of continuing conflict with China on the border. The Supersonic Missile Assisted Release of Torpedo (Smart) system, which travels at supersonic speeds, was tested at the Integrated Testing Center at Wheeler Island (Abdul Kalam island), Odisha. After reaching a certain orbit, it completed various stages, including the detachment of the torpedo from the missile. This allows a warship and a submarine to attack together. The missile has a range of 350 nautical miles. The torpedo’s slow-moving system also showed the expected performance, officials said. Defense Minister Rajnath Singh congratulated the DRDO on the success of the experiment.

New Delhi: The Union Ministry of Education has directed that no evaluation of students should be done for two or three weeks even if the schools are open. The guidelines issued by the ministry on opening schools as part of Unlock 5.

Earlier, the Union Home Ministry had said that states could decide whether to reopen schools after October 15. This was followed by the issuance of guidelines by the Ministry of Education. The guidelines state that all schools must have task forces to ensure cleanliness. The entire school campus should be cleaned and disinfected.

 Social distance should be ensured when students come to school, go back, and sit in class. Masks should be worn in classrooms. Make the necessary changes to the academic calendar. Ensure that the services of doctors and nurses are available. Attendance should not be tightened. The guidelines state that students and staff should be allowed sick leave if needed and that students should be given the freedom to decide whether to attend a school or continue online classes.

New Delhi: The GST Council did not agree with the proposal put forward by the Central Government to pay compensation arrears to the States. At the same time, Rs 20,000 crore has been collected as GST compensation cess so far this year. It was decided to pay on Monday itself.

Finance Minister Nirmala Sitharaman said the amount would be distributed to the states soon. The GST Council has also decided to extend the compensation cess beyond June 2022 in case of declining revenue.

The announcement was made after the 42nd Goods and Services Tax (GST) Council meeting today. At the same time, 21 states, including Kerala, supported the central government’s proposal to borrow Rs 1,10,000 crore through the Reserve Bank to offset the loss of revenue. Meanwhile, there was a demand for a vote. The final decision on the crisis will be taken at a meeting on the 12th of this month.

New Delhi: Air Chief Marshal Rakesh Kumar Singh Bhadauria has said that the Indian Air Force is ready for any possible confrontation, including a double battle. He was speaking at a press conference ahead of National Air Force Day. He said the Indian Air Force was ready to face any situation, including a war with China and Pakistan.

Bhadauria said the air force was on high alert along the border and was stationed in all strategic areas. The army has been called in to retaliate strongly in case of provocation. Strong ability is needed to fight them in the face of growing threats from both China and Pakistan. The Air Force is undergoing rapid and rapid changes. The Chief of Air Staff said that the integration of Rafale fighter jets has made India stronger than other rivals on the border. Ladakh is a very small region. He said the army was deployed to deal with any untoward incident in a strong manner.