November 23, 2024 01:27 (IST)
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'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma

COVID-19 to cause biggest economic contraction ever in Latin America & Caribbean

New York/IBNS: The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, according to a report by the UN office for the region, ECLAC, published on Tuesday.

RBI cuts repo rate from 4 pct to 3.75 pct

New Delhi/IBNS:  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.