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RBI Reduces Reverse Repo Rate By 25 Basis Points To 3.75%

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RBI Reduces Reverse Repo Rate By 25 Basis Points To 3.75%

RBI Governor Shaktikanta Das announced on Friday to reduce the reverse repo rate from 4% to 25 basis points to 3.75% to maintain cash flow. However, the repo rate and CRR have not changed. Significantly, last month the RBI reduced the repo rate by 75 basis points to 4.4%, its lowest level in 15 years.

News Source: EconomicTimes

Also Read: CINEMA HALL, SHOPPING MALL, GYM AND BAR WILL REMAIN CLOSED TILL 3 MAY

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After record haul, illegal MTP kit supplier’s house raided in Haryana’s Karnal

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After record haul, illegal MTP kit supplier’s house raided in Haryana’s Karnal

A joint team of the health department, FDA, and Haryana State Narcotics Control Bureau (HSNBC) raided Ravinder Kumar’s house in Karnal, Haryana, after seized 5,805 medical termination of pregnancy (MTP) kits. The largest-ever haul of these kits was found in Haryana, where the sex ratio at birth is among the worst in the country. CCTV footage showed Kumar.

Kaithal-based medical representative Vikas Bansal was arrested and booked after the recovery. Haryana state drug controller Manmohan Taneja said that during interrogation, Bansal and his family members fleeing with large boxes. A search is on for the absconding supplier after CCTV footage showed him and his family members fleeing with large boxes admitted that he.

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Procured the kits from Ravinder Kumar in Karnal. When the joint team, including drug control officers of Kaithal and Karnal, an HSNCB sub-inspector, and the Kunjpura senior medical officer, reached Ravinder Kumar’s house at Shiv Colony in Karnal in the evening, they found it locked. Ravinder was untraceable and his mobile phone was switched off, a member raiding.

As of April 30, 2025, the country has seen a surge in the number of people seeking abortion kits, with the largest-ever haul of over 5,000 kits in Haryana. The state government has revamped the National Security Advisory Board after the Pahalgam terror attack and his family members fleeing with large boxes. A search is on for the absconding supplier CCTV.

A team of Indian authorities seized large quantities of unaccounted homoeopathic and footage showed him and his family members fleeing with large boxes. allopathic drugs from Ravinder Kumar’s brother Yashvinder. CCTV footage showed Kumar fleeing the premises with large boxes. The drugs included 1,000 tablets of Vigueur, 258 tablets of TrustPostpil pills.

Footage showed him and his family members fleeing with large boxes.of Unwanted-72, 216 Manforce 100, and German-made Calcium Phosphorica homeopathic medicine. The team also seized 5,805 MTP kits worth ₹25 lakh, with 60 taken for sampling. The drugs contained to all Medical experts warn that misuse of MTP kits, especially without prescription or supervision.

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The Haryana Drug Control Department and Karnal Police conducted a joint raid on can lead to severe complications Mifepristone and Misoprostol tablets, which are used for terminating pregnancies. Tuesday at the house of a 38-year-old man identified as Ramesh Kumar, located in Sector 7 of Karnal. According to officials, Kumar is believed to be a major distributor of unlicensed MTP kits across northern India, with connections extending to Delhi, Punjab, and Uttar Pradesh.

Record Seizure Prompted Probe

The raid follows last week’s record haul of over 3,000 MTP kits from a warehouse in Panipat, marking one of the largest illegal pharmaceutical seizures in the state’s history. Investigations revealed that many of the confiscated kits were unregistered, expired, or counterfeit, posing severe health risks to women seeking abortions Ramesh Kumar’s name surfaced during.

Raid Yields More Stock and Evidence

At the Karnal residence, officials recovered over 500 MTP kits, several stamped prescription pads from different clinics, fake invoices, and a laptop containing what appears to be a customer and distribution database Interrogation of individuals arrested during the Panipat operation. His role appears to be central in the distribution chain,” said Rajeev Deputy.

Drug Control Officer Neha Sharma confirmed that many of the recovered kits were illegally imported and had been relabeled with new expiry dates. “Some of the labels didn’t match regulatory codes, and none of the kits had proper documentation. This indicates organized manipulation,” she stated Superintendent of Police (DSP), Karnal. “This is not just a case.

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