November 05, 2024 11:06 (IST)
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.
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RBI cuts repo rate from 4 pct to 3.75 pct Fri, Apr 17 2020