Nirmala Sitharaman

RBI reduces repo rate amid coronavirus lockdown

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rbi

RBI reduces repo rate Interest rates on home loans and other loans can be reduced, which will provide relief to the common man. The Reserve Bank of India (RBI) has cut the repo rate by 75 basis points amidst the panic of coronavirus and the disease causing COVID-19, bringing it to 4.4 per cent. It … Read more

Coronavirus: Economic relief package worth Rs 1.70 lakh crore

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Finance Minister Nirmala Sitharaman

 Economic relief package worth Rs 1.70 lakh crore The Modi government has made a big announcement on Thursday to give relief to the poor amidst the spreading corona virus across the country. Finance Minister Nirmala Sitharaman has announced one lakh 70 thousand crore rupees. Sitharaman said that an economic package has been prepared to deal … Read more