Top 5 news of the day: PM Modi slams Pak for attacking 'Kashmiriyat'; RBI slashes repo rate by 50 bps & more

Prime Minister Modi attacked Pakistan while speaking in Katra, saying that the country aimed to cause unrest in the region. His speech came after inaugrating major infrastructure projects and new Vande Bharat trains, aimed to boost connectivity in Jammu and Kashmir.In a surprise move, the RBI slashed the repo rate by 50 basis points, signaling a shift in monetary policy amid global economic challenges.Meanwhile, Pakistan clarified it has not scrapped the Simla Agreement despite recent defence minister remarks by its defense minister.Here are top 5 stories that made headlines today.PM Modi slammed Pakistan while speaking in Katra Prime Minister Narendra Modi delivered a speech in Katra, slamming Pakistan over attacking both 'insaniyat and Kashmiriyat' in Pahalgam.

The PM also said that Pakistan's purpose was to hinder Kashmiri's from earning and cause riots. Earlier, he inaugrated infrastructure projects worth Rs 44,000 crore in Jammu and Kashmir. Read full story.Pakistan walked back Simla Agreement remark, says no accord scrapped yet A day after Pakistan's defence minister Khawaja Asif called the 1972 Simla Agreement “a dead document,” Pakistan's foreign ministry clarified that no bilateral pact with India has been revoked.

A senior foreign office official said that while recent developments have triggered internal discussions in Islamabad, there has been no formal move to scrap existing agreements with New Delhi. Read full story.Karnataka HC granted interim relief to KSCA officials in stadium stampede case The Karnataka High Court granted interim protection to Karnataka State Cricket Association (KSCA) office-bearers in the Chinnaswamy Stadium stampede case.

The court ruled that no coercive action will be taken against them, provided they cooperate with the investigation and remain within court jurisdiction. The next hearing is set for June 16. Read full story.RBI cut repo rate by 50 bps, shifts stance to ‘neutral’ amid global headwinds In a surprise move, RBI governor Sanjay Malhotra announced a 50 basis points cut in the repo rate, bringing it down to 5.5%. This is the second cut this year, totalling 100 basis points.

The central bank also shifted its policy stance from ‘accommodative’ to ‘neutral’, citing limited space for further easing. Read full story.Netanyahu admitted backing anti-Hamas faction in Gaza amid backlash Israeli PM Benjamin Netanyahu confirmed that Israel is supporting an armed group in Gaza opposing Hamas, despite criticism that the faction is a criminal gang. The group, reportedly led by Yasser Abu Shabab and linked to a Bedouin tribe in Rafah, has been accused of looting aid and past drug smuggling. Read full story.