
Shares of interest rate-sensitive sectors such as auto, banking and realty rallied on the bourses after the Reserve Bank of India (RBI) kept repo rate unchanged in its first monetary policy announcement for this fiscal today.
Consequently, the reverse repo rate under the LAF (liquidity adjustment facility) remains at 6 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent.
"MPC has maintained all policy rates unchanged".
It had last reduced the benchmark lending rate 6-year-low to 6 percent (0.25 percent low) last August.
Confession by Facebook that data bandits siphoned details of 5.62 lakh users of the social site and sold it for profit to an organisation that used it for dubious purposes, the Reserve Bank of India (RBI) has pressed the alarm button. But these currencies have slumped in recent months as regulatory scrutiny increased; bitcoin traded around $6,670 on the Bitstamp exchange on Thursday.
-RBI decides to postpone implementation of Indian Accounting Standards (Ind AS) from April 1, 2018 to April 1, 2019 for scheduled commercial banks. The G-sec market, which saw a sharp rebound in the latter half of March, saw decent rise in prices after the policy.
Jaime King attacked by homeless man
A female friend got out of the auto and confronted Floyd, who threw a can at her, hitting her in the arm, according to the police. Although King was not in the auto during the incident, she was seen looking distraught outside the vehicle in the aftermath.
Liverpool Sweat On Salah Fitness
Liverpool went all in on their attack tonight, winning 3-0 in the home leg of their UEFA Champions League quarterfinal tie. Mohamed Salah has been superb this season for Liverpool in the Premier League and also in their Champions League campaign.
Woman says she reported abuse in 2013 — APNewsBreak
They also told police they tried unsuccessfully to convince her to end the relationship and move on. Once inside the home, the woman said that Evans threw things around and flipped the couch over.
RBI Deputy Governor BP Kanungo while addressing a press conference after the first MPC meeting of the fiscal year 2018-19 said, "We are mandating that all payment system operators will be required to keep their data in the country".
The meeting of the six-member monetary policy committee is taking place at a time when the government has stressed that the fiscal deficit and revenue deficit for 2017-18 will be less than the revised estimate of the general budget.
The central bank also cautioned against rising trade protectionism and financial market volatility that could derail the ongoing global recovery, despite growth and trade strengthening around the world.
Patel noted that inflation print for February was lower than the expected but the is MPC always looks ahead.
Crude oil prices are hovering around United States dollars 70 per barrel putting pressure on the government to cut duty on this. "Accordingly, the MPC will again vote for status quo with a preference to wait for more clarity on key risks". The CPI in February came at 4.4 per cent, below the RBI's projection of 5.1 per cent for the fourth quarter of 2017-18, but a shade higher than the medium-term target of 4 per cent.
Weightlifter Mirabai Chanu claims India's first gold at CWG
The men's team blanked Trinidad and Tobago 3-0 before beating Northern Ireland by a similar margin. That gave her a massive lead of 10 kg over second placed Marie at the end of the snatch session.
Trinamool turning Bengal panchayat polls into a farce: LF Chairman
BJP MP and Union Minister Babul Supriyo accused the TMC of killing Murmu and expressed condolences to the deceased's family. Police said Ajit Murmu was killed outside the office of the block development officer in Bankura's Ranibandh.
Marc Jacobs proposes to boyfriend with a flashmob in Chipotle
It will be the first marriage for the 54-year-old Jacobs, who is now being flooded with good wishes from his fashionable friends. Prior to his relationship with Defrancesco, Jacobs was dating Harry Louis, who is a porn star, until 2013.
Black Panther rated 4th highest grossing movie of all time
Both domestically and around the globe, Black Panther has been the Wakanda wonder since releasing on February 16. In late March, the blockbuster flick cemented itself as the top-grossing superhero movie in the U.S.
Lok Sabha proceedings disrupted for 21st straight day
They also shouted "Dalit virodhi yeh sarkar, nahi chalegi, nahi chalegi" (This anti-Dalit government will not be tolerated). But there was no breakthrough as treasury members insisted on taking up the bill first.
BCCI media rights: Star wins auction for almost $1 billion
Star once again outbid Sony and Reliance Jio as BCCI laughed all the way to the bank, having clinched another billion dollar deal. The BCCI said in a Twitter statement that worldwide and domestic rights had been sold for 61.38 billion rupees ($ 944 million ).
British passport maker to appeal loss of 'Brexit blue' contract
De La Rue executives, the newspaper said, perceive that Gemalto is in a favourable position simply because it has undercut its competitors.
1 dead in a road accident
The driver, a 42-year-old resident of Hibernia, Essequibo was taken into custody and is assisting the police with investigations. An officer said the driver of the PT Cruiser was taken to the hospital in a private vehicle for precautionary reasons.
Colder Thursday with temps in the mid-40s; tracking snow Friday
The average high for this time of year is 57 degrees, and Tuesday's high of 47 degrees will be the closest we will be to average. An unseasonably cold weather pattern can only do so much to fight the longer and higher track of the sun through the sky.
Even for Cristiano Ronaldo, bicycle-kick goal against Juventus was special
It just came into my head to do it and I caught the ball well."Other times it has gone wrong, but you have to always try". What's more impressive is the fact Ibrahimovic's bicycle-kick was the fourth goal he scored against England that day.
NDA MPs to protest against Parliament disruption, give up salaries
Recurrent protests and agitations by Telugu Desam Party (TDP) MPs have also seen daily proceedings of the House frequently disrupted.
'Austin Powers' actor Verne Troyer hospitalised
The first " Austin Powers " picture, " Austin Powers: International Man of Mystery", appeared in 1997. Actor Verne Troyer is now being cared for after an alleged incident at his home on Monday night.
Ohtani Blasts 3-Run HR in 1st AB at Home
Shoemaker was limited to 14 starts last season and had surgery last August to address nerve pain in his right forearm. Trout, Justin Upton and Luis Valbuena also homered for the Angels, who broke a 12-game losing streak to the Indians .
Kylie Jenner Denies Mom Kris Is Managing Travis Scott and Kanye West
The youngest Jenner reposted a news article about her mother managing the rappers' careers and denied the report, writing, "this isn't true".
Manchester United boss Jose Mourinho narrows search for Michael Carrick heir
Should City win the title here, they'll have done so with more games to spare than any side in English top-flight history. And Mourinho's men were also knocked out of the Champions League by Sevilla in the last 16.