Nagpur (PTI): Maharashtra Deputy Chief Minister Ajit Pawar, who was killed in a plane crash on Wednesday, had shared an anecdote about the tense moments he experienced while flying in a helicopter to Gadchiroli with a couple of prominent politicians from the state amid bad weather in July 2024.

He had shared the experience at a public function in Gadchiroli, where he arrived in the helicopter from Nagpur with the then deputy CM Devendra Fadnavis and Industries Minister Uday Samant.

Although the anecdote was about the mid-air scare he experienced, Pawar had narrated it in his trademark humorous style. A video of Pawar's speech has now resurfaced on social media following his death.

He said although he was very nervous during the helicopter journey as nothing was visible outside due to a thick cloud cover, Fadnavis was unperturbed and told him that he had experienced mid-air scares six times earlier, and asked him to calm down, saying nothing bad would happen.

The incident had taken place on July 17, 2024 when the three leaders were heading to Gadchiroli from Nagpur for the foundation stone laying ceremony of Surjagad Ispat Pvt Ltd, a steel company.

Addressing the gathering at the event after their arrival, Pawar said, "When we started from Nagpur in the helicopter, it was fine at first. But later, when the helicopter entered the clouds, I looked this way and that way - there were clouds everywhere. And our Devendra Fadnavis was just sitting there, casually chatting."

"I told him (Fadnavis) - 'Look outside, we can't see anything, no trees, no ground, nothing. We are flying blindly through the clouds. Where are we even going?' But he calmly replied - 'Don't worry at all. I have experienced six such incidents so far. Whenever I am in a helicopter or a plane and an accident occurs, nothing happens to me. So, nothing will happen to you either."

"I thought to myself - 'My goodness, what is he saying? I already had a sinking feeling in my stomach! Today is Ashadhi Ekadashi (a holy day), so I was constantly chanting 'Panduranga, Panduranga' (God's name) in my mind. And here was this 'Maharaj' (Fadnavis) giving me advice," he said.

Pawar also said that as Fadnavis told him not to worry, he remained completely relaxed and nothing bad really happened.

"It is the good deeds of his (Fadnavis) elders that we reached here (safely)...Those good deeds helped us," he said.

"But friends, honestly, all of us were quite shaken. Uday Samant was sitting to my right, and he said, 'Dada, Dada, look! The ground is finally visible'. I said - 'Thank God, we can see the ground now!' Jokes apart, everyone must take care," he said.

Pawar (66) and four others were killed after a plane carrying them crashed in Baramati town in Maharashtra's Pune district on Wednesday morning.

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Mumbai (PTI): The Reserve Bank on Wednesday expectedly kept interest rates unchanged amid hopes of a global recovery on the back of ceasefire in the six-week-long US/Israel-Iran conflict.

The policy decision comes as a month and a-half-long West Asia conflict has disrupted energy supplies, shot up crude oil prices and created fiscal and inflationary pressures for import-dependent nations like India.

This is the first monetary policy review after the government announced a fresh inflation target for the RBI last month. The government has asked the RBI to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.

Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

The rate cut pause comes on the back of the consumer price index (CPI) based headline retail inflation that moved closer to the RBI's medium-term target of 4 per cent at 3.21 per cent in February.

Additionally, the rupee has depreciated by over 4 per cent since the war, which has consequences for pushing up import inflation.

However, the rupee has appreciated by 50 paise to 92.56 against US dollar following announcement of the ceasefire by the US and Iran.

Based on the recommendation of the MPC, the RBI reduced the repo rate by 25 bps each in February, April, and December 2025 and 50 basis points in June amidst easing retail inflation.

India's retail inflation dropped to a historic low of 0.25 per cent in October 2025, marking the lowest level since the Consumer Price Index (CPI) series was introduced.

However, the rupee declined to historic low and crossed 95 against a dollar last month making imports costlier, raising fears of rise in inflation. Rupee touched a record low of 95.21 on March 30, 2026.