SpaceX (SPCX.O) crew capsule undocked from the space station and began its return to Earth.

ECB governing council member Pereira said France must cut deficits and debt and press ahead with reforms and fiscal prudence.

Reserve Bank of India raised the policy repo rate 25bps to 5.50% on Wednesday, its first increase in nearly four years. The six-member rate-setting committee voted unanimously and the RBI shifted its stance from neutral to moderately tight. The bank cited rising inflationary pressures from an oil-price spike linked to the Iran conflict and reduced monsoon rainfall due to El Nifio, which have squeezed purchasing power and weighed on the currency. The governor said the inflation outlook is no longer benign.