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'Will ensure no recurrence': Samay Raina apologises for remarks made on now-deleted show India's Got Latent | Centre hikes salaries, pensions of MPs considering high cost of living | Allahabad HC directs Centre to decide on Rahul Gandhi's dual citizenship row by April 21 | Nagpur communal violence: Suspected mastermind Fahim Khan's house faces bulldozer action | Habitat Studio announces shutdown after Shinde-led Shiv Sena's vandalism over Kunal Kamra's show | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | MK Stalin hosts mega multi-state meeting on delimitation in Chennai, BJP calls it drama | Cash pile accused Justice Yashwant Varma was named in CBI's FIR for alleged corruption, SC junked it later | London: Heathrow Airport resumes operation after substation fire causes power disruption

RBI likely to cut interest rates today

Jun 02, 2015, at 04:29 pm

Mumbai, Jun 2 (IBNS) Speculations are rife on whether the Reserve Bank of India will cut interest rates on Tuesday as RBI Governor Raghuram Rajan is set to announce the second bi-monthly monetary policy statement around 11 am.

RBI surprises with repo rate cut by 25 basic points

Jan 15, 2015, at 04:48 pm

Mumbai, Jan 15 (IBNS): With inflation showing signs of easing, the Reserve Bank of India (RBI) on Thursday reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect.

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