US says California based law school discriminated against Asians

IANS | October 2, 2026 9:23 AM

Washington, Oct 2 (IANS) The US Justice Department said that UCLA School of Law discriminated against Asian and white applicants by using race in admissions, an allegation the prominent California law school disputed as it defended its selection process as merit-based.

Balance of risks tilts decisively towards 25 bps rate hike: SBI report

IANS | October 2, 2026 9:16 AM

New Delhi, Oct 2 (IANS) The balance of risks has tilted decisively towards a 25-bps rate hike by the RBI at this juncture, as a combination of broadening inflationary pressures, worsening global macros, evolving liquidity conditions and a renewed global repricing of risks is making the case for pre-emptive action stronger, SBI Research said on Friday.