East Indian state, seventh-largest, tenth-most populous
Prashant Kishor, founder of the Jan Suraaj Party, has defeated BJP candidate Neeraj Kumar in Bankipur by over 19,000 votes, according to the Election Commission of India. This marks Kishor’s first electoral contest and tests Modi’s support among India’s youth amid recent student protests. Bankipur had voted BJP in four consecutive terms since 2010.
The Reserve Bank of India has raised the repo rate by 25 basis points to 5.50% in a calibrated tightening move as inflation remains on an upward path and growth stays resilient. Policymakers signal no near-term cuts while watching global rate moves and weather-driven risks.