Chopper crash: Karnataka Guv, CM visit hospital, inquire about Group Captain Varun Singh's health
Bengaluru, Dec 9: Karnataka Governor Thaawarchand Gehlot and Chief Minister Basavaraj Bommai on Thursday visited IAF Group Captain Varun Singh, at the Air Force's Command Hospital here, and inquired about his health.
Singh is the lone survivor in the IAF helicopter crash that killed Chief of Defence Staff General Bipin Rawat and 12 others.
The Governor and the CM visited Command Hospital here and inquired about Singh's health, the CMO statement said.
Initially admitted to a hospital at Wellington in the Nilgiris district in Tamil Nadu, Singh was shifted to Bengaluru on Thursday evening, for higher treatment.
He was air-lifted to Bengaluru from Coimbatore for higher treatment at the Command Hospital here, official sources said.
Singh was undergoing treatment at the Military Hospital in Wellington for 80 per cent burns and his condition was said to be "critical but stable," they said.
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I am Sanjay but not Sanjay of Mahabharat who can predict rate cuts, says RBI guv
Mumbai (PTI): I am Sanjay but not Sanjay of Mahabharat who can predict future rate actions and at what level rate moderation will stop amid the ongoing global uncertainties, RBI Governor Sanjay Malhotra said on Wednesday.
Malhotra's remarks came at a media briefing on being asked if more interest rate cuts are in the offing, after he delivered the second straight interest rate cut since taking over as the RBI governor.
According to the Mahabharat, Sanjay was blessed with divine vision and used his power to relay actions at the Kurushetra battlefield to blind King Dhritarashtra at his palace.
He further said monetary policy and fiscal policy are acting in tandem to meet the growth-inflation targets.
"It is a joint effort... the government has done its bit in the Budget recently by taking a large number of measures in terms of the increased capex, tax rebates and we have reduced repo rate and changed the stance going forward, which means that the direction of the policy repo rate is downwards.
"Where it will reach… we really don't know. I am Sanjay, but I am not Sanjay of Mahabharat to be able to foresee that far. I do not have the divine vision that he had," he said.
He further said "we will jointly (with the government) try to manage the growth and the inflation dynamics in our country".
Earlier in the day, Malhotra announced repo rate cut for the second consecutive time and signalled more easing ahead as the Reserve Bank of India (RBI) sought to bolster the economy in face of further pressure from damaging US tariffs.
Following the rate cut of 25 basis points, the key policy rate eased to 6 per cent. The move lowers borrowing costs to the lowest level since November 2022, amid easing inflation and a fall in oil prices.
Malhotra also assured that the RBI will maintain sufficient liquidity for speedier rate cut transmission.
We will provide sufficient liquidity for the purposes of monetary policy transmission.
