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India's central bank governor tests positive for Covid-19

India's central bank Shaktikanta Das on Sunday (25) said he has tested positive for the novel coronavirus, one of the most high-profile figures in the world's second most-infection nation to contract the infectious disease.

"I have tested COVID-19 positive. Asymptomatic. Feeling very much alright," the 63-year-old tweeted.


"Have alerted those who came in contact in recent days. Will continue to work from isolation. Work in RBI (Reserve Bank of India) will go on normally."

India has recorded more than 7.8 million infections, second only to the United States, and more than 118,000 deaths.

The outbreak has spread in the vast nation of 1.3 billion people from major cities like the capital New Delhi and financial hub Mumbai to regional and rural areas.

Other major public figures who contracted the pathogen in the South Asian nation include Bollywood superstar Amitabh Bachchan and powerful Indian Home Minister Amit Shah.

Das, as RBI governor, has been part of efforts to shore up India's faltering economy, which was already faltering before the pandemic hit and has been slumping further following the months-long strict virus lockdown.

The government has eased restrictions to revive economic activity even as an average of 50,000 new infections are detected each day.

India's economic growth shrunk by 23.9 percent between April and June and the International Monetary Fund said earlier this month that it would contract by 10.3 percent for the year.

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US inflation rises in March as Iran war impact reaches consumers
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US inflation rises in March as Iran war impact reaches consumers

  • US inflation rises to 3.3 per cent in March, driven by fuel costs.
  • Oil prices surge over 30 per cent amid Iran conflict, lifting transport and goods prices.
  • Rate cut hopes fade as inflation pressures persist and uncertainty grows.

The latest US inflation data is starting to reflect the ripple effects of the Iran war, with consumer prices rising 3.3 per cent in March, adding fresh pressure on households and complicating the outlook for interest rates. The spike, largely driven by surging oil prices, is now feeding into everyday costs, from fuel to flights.

Figures from the US Department of Labor show that prices rose sharply over the month, marking the biggest increase in nearly four years. The jump comes as global crude prices climbed more than 30 per cent during the conflict, pushing petrol costs above £3.20 per gallon ($4) for the first time in over three years.

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