Tamil Nadu

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

PM Narendra Modi in Parliament

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Narendra Modi

Prime Minister Narendra Modi said the fundamentals of the Indian economy were strong and had inherent capability for higher growth rates. Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said there was no reason for being despondent. … Read more