The Catch Up: 6 August

The headlines of the day by The Indian Express

Episode Transcript

Speaker 1 (00:03):
This is a catch up on three things by the
Indian Express and I am Flora's Wine. Today's the sixth
of August and here are the headlines. The Arrali village
in Uttar Kashi of Uttarakhan, which is the ground zero
of tuesday's flash floods, is in the fragile Baghidrati eco
sensitive zone. Experts say unchecked construction on the river floodplains

(00:28):
lightly worsened the disaster. As rescue operation continued for a
second day today, over sixty people, including in an army soldiers,
were reported missing. The floods and avalanche of debris caught
many of god with visuals.

Speaker 2 (00:42):
Showing submerged pomes and broken roles.

Speaker 1 (00:45):
Environmentalists have long warned about reckless development in the Himalad region,
which is prone to extreme weather and geological instability. The
full toll of the disaster is still unfolding. In other
major national views of the day, RVII Governor Sangenalhotra today

(01:05):
said India is navigating a steady growth path with price
stability even amid global trade disruptions. The Monetary Policy Committee
that is the MPC unanimously decided to keep the REPO
rate unchanged at five point five percent. Malhudra warned that
global external demand remains uncertain due to ongoing tariff.

Speaker 2 (01:25):
Threats and trade realignments.

Speaker 1 (01:27):
Still, he highlighted medium term opportunities as a global order shifts.
Despite the challenges, inflation remains under control and India's economic
fundamentals strong.

Speaker 2 (01:37):
According to the RBI, the policy stands.

Speaker 1 (01:39):
Remains neutral as a central bank watches global moves carefully.
In news from the National Capital, Prime Minister Narrang Remodi
today inaugurated Katavia Pavan III, that is KB three, which
is a first of ten planned buildings under the Central
Vista Redevelopment located in Delhi. The state of the art

(02:01):
structure features smart cart access control systems visible at entrances,
elevators and individual offices of ministers and bureaucrats. The building
aims to modernize government infrastructure and boost security. MODI was
joined by Ministers monoverlal Anto Kansahu, Cabinet Secretary TV Somanathan
and Housing Secretary Srinivas Kadgitala.

Speaker 2 (02:23):
The full complex, ones complete, will.

Speaker 1 (02:25):
Centralize key government functions in a secure and tech enabled zone.
Moving on to global news, US President Donald Trump has
once again criticized India over its Russian oil purchases, threatening
to raise tariffs very substantially within the next twenty four hours.

(02:45):
Speaking to CNBC last night, Trump said India remains the
highest tarif nation and accused New Delhi of buying large
quantities of Russian oil and profiting by reselling it. He
acknowledged that India might offer zero tariffs under a potential deal, but.

Speaker 2 (02:59):
Claimed it wouldn't be enough.

Speaker 1 (03:01):
Monday saw similar warnings from Trump, signaling rising tensions between
the two nations as trade talks in geopolitical alignments collite.

Speaker 2 (03:13):
Speaking of India and.

Speaker 1 (03:14):
Russia, India's National Security advisor Ajitowal is in Moscow this
week for high level meetings, even as Trump threatens tariffs
over India's Russian oil imports. Russian agency TASS said the
Wal would meet senior Russian officials tomorrow. Indian media reports
say he will explain India's oil strategy and possibly negotiate
better energy deals amid talk of deeper discounts from Moscow.

(03:37):
India's External Affairs Minister, Doctor Shashankar, is also expected to
visit Russia later this month. These visits highlight India's diplomatic
balancing act as global powers clash over Ukraine.

Speaker 2 (03:49):
And energy security. That's all for today.

Speaker 1 (03:55):
This was the catch up on three Things by the
Indian Express.