Repo Rate - Trending News

The lender has cut its saving fund deposit rate by 50 bps with a maximum of 3.25 per cent, effective July 1, a release said....

Punjab National Bank (PNB), the country’s second-largest state-owned lender, on Monday said it has reduced its repo-linked ......

The repo rate cut may not lead to incremental loans immediately as now few people would want to or be able to either buy a ......

Your deposit as well as lending rates are set to come down further. In a surprise move on Friday, the Reserve Bank of India ......

In a surprise move, RBI governor Shaktikanta Das reduced the repo rate by 40 basis points to 4 per cent - the lowest ever....

RBI governor Shaktikanta Das said the short-term lending rate now stands at 4 per cent down from 4.4 per cent earlier....

It has maintained that the real estate industry has not been able to leverage the benefits of repo rate cuts as banks have ......

The MPC is of the view that the macroeconomic impact of the pandemic is turning out to be more severe than initially ......

UCO Float by 0.40 percent to 6.90 percent from 7.30 percent, effective from May 27," the bank said in a late night statement....

On Friday, at the press briefing post the monetary policy committees off-cycle meeting, Reserve Bank of India (RBI) governor ......

US President Donald Trump on Monday derided many governors as "weak" and demanded tougher crackdowns on burning and stealing among some demonstrations in the aftermath of another night of violent protests in dozens of American cities. Donald Trump spoke to governors on a video teleconferen...

George Floyd's brother pleaded for peace in the streets on Monday, saying violence is "not going to bring my brother back at all," while US President Donald Trump berated most of the nation's governors as "weak" for not cracking down harder on the lawlessness that has convulsed c...

An autopsy commissioned for George Floyd's family found that he died of asphyxiation due to neck and back compression when a Minneapolis police officer held his knee on Floyd's neck for several minutes and ignored his cries of distress, the family's attorneys said on Monday. The autopsy by a doctor ...

A Bangladesh-based cultural non-profit, that aims to promote art and artists from the region and bring international attention to Bangladesh and the Global South, will take on creative initatives to support the local arts and crafts industry as well as frontline healthcare workers in the country, i...

New York's mayor Bill de Blasio on Monday declared a city curfew from 11:00 pm to 5:00 am, as sometimes violent anti-racism protests roil communities nationwide....

Hong Kong police rejected an application on Monday for an annual candlelight vigil marking the anniversary this week of the 1989 Tiananmen Square crackdown, as residents rushed to apply for passports that could allow them to move to the UK. Throngs of people lined up at DHL courier outlets across th...

New York Governor Andrew Cuomo on Monday called for a national ban on chokeholds and excessive force by police, and said he was concerned violent protests triggered by the death of an unarmed black man in Minneapolis could hinder New York City's reopening. Andrew Cuomo also told a daily briefing tha...

Washington: US President Donald Trump was briefly moved to the White House bunker on the evening of May 29 as protests were being held near the White House against the death of an African-American man in police custody, a media report said on Monday. A senior administration official said the actio...

An autopsy arranged by the US family of George Floyd shows he was suffocated by a policeman, rather than dying from pre-existing heart problems as claimed by the official ruling, their lawyer announced Monday....

New Delhi: The Southwest Monsoon arrived in Kerala on Monday as predicted by the India Meteorological Department bringing heavy rains to several parts in the state and marking the commencement of the four-month long rainfall season in the country. "Southwest Monsoon has set in over Kerala tod...

Assam chief minister Sarbananda Sonowal on Monday took stock of various flood affected areas in Hojai district. The chief minister visited flood affected areas like Hatimura, Dakshin Kenduguri, Nabhanga and Jugijaan village in the district. Due to incessant rains in the last week, the flood waters ...

With an eye on next year's assembly polls, the BJP reconstituted its West Bengal unit on Monday, inducting more than a dozen new faces including turncoats and dropping Netaji Subhas Chandra Bose's grandnephew Chandra Bose who opposed the party's stand on CAA and NRC....

Washington : Researchers have found that populations living in higher altitudes, especially 3,000 meters (9,842 feet) above the sea level, significantly report lower levels of coronavirus infections than their lowland counterparts. The Washington Post cited one peer-reviewed study, published in t...

The US has supplied Brazil with 2 million doses of hydroxychloroquine for use against the coronavirus, the two governments said on Sunday, despite medical warnings about risks associated with the anti-malaria drug. The White House released a joint announcement on the drug, whose use has been touted ...

Christo, the Bulgarian-born conceptual artist who turned to epic-scale environmental works in the late 1960s, stringing a giant curtain across a mountain pass in Colorado, wrapping the Pont Neuf in Paris and the Reichstag in Berlin and zigzagging thousands of saffron-curtained gates throughout Centr...

Mass protests against police brutality that have brought thousands of people out of their homes and onto the streets in cities across America are raising the spectre of new coronavirus outbreaks, prompting political leaders, physicians and public health experts to warn that the crowds could cause a ...

London : UK Prime Minister Boris Johnson's sister has been accused of breaking the lockdown rules imposed in the country due to the COVID-19 pandemic, just a week after allegations emerged against his chief adviser Dominic Cumminigs of breaching the restrictions, it was reported. Rachel Johnson h...

Inside the White House, the mood was bristling with tension. Hundreds of protesters were gathering outside the gates, shouting curses at President Trump and in some cases throwing bricks and bottles. Nervous for his safety, Secret Service agents abruptly rushed the President to the underground bunke...

New Delhi: Rajya Sabha Chairman M Venkaiah Naidu and Lok Sabha Speaker Om Birla on Monday held a detailed discussion on holding the ensuing monsoon session of Parliament in the context of coronavirus induced norm of social distancing and decided to hold an e-session. They have taken note of report...

Gilead Sciences Inc on Monday reported that its antiviral drug remdesivir provided a modest benefit in patients with moderate Covid-19 given a five-day course of the treatment, while those who received the medicine for 10 days in the study did not fare as well. Gilead shares fell about 4 per cent in...

Inter-state travel restrictions were lifted from Monday, but people coming from Maharashtra to Karnataka would be subjected to several conditions, including seven days institutional quarantine, in view of high prevalence of COVID-19 cases in the western state....

The government on Monday limited its export ban on alcohol-based hand sanitisers only to those in containers with dispenser pumps....

Moscow : Russia will start giving its first drug approved to treat COVID-19 to patients next week, its state financial backer told Reuters, a move it hopes will ease strains on the health system and speed a return to normal economic life. Russian hospitals can begin giving the antiviral drug, whic...

India's cases of the novel coronavirus crossed 190,000, the health ministry said on Monday, overtaking France to become seventh highest in the world, as the government eases back on most curbs after a two-month-long lockdown that left millions without work. With a record 8,392 new cases over the pre...

Anxious to return home after being stuck here with no work due to COVID-19 lockdown, seven workers from Uttar Pradesh boarded a flight for the first time in their life and reached Varanasi on Monday, thanks to the humanitarian gesture of their employer running a packers and movers firm in the city....

Mumbai: More than 100 doctors and nurses from Kerala are expected to reach Mumbai in the next few days to join the medical staff here in the battle against COVID-19 pandemic. Mumbai needs more human resources in terms of medical staff. A team of 16 doctors from Kerala is expected to reach Mumbai ...

Bengaluru : Prime Minister Narendra Modi has said the world is facing its biggest crisis since the two world wars amid the Covid pandemic. He was addressing a Bengaluru varsity's silver jubilee celebration on Monday. "Like the world changed pre and post world war, the same way pre and post C...

New Delhi : The death toll due to COVID-19 rose to 5,394 and the number of cases climbed to 1,90,535 in the country, which registered biggest single-day spikes of 230 deaths and 8,392 cases till Monday 8 am, according to the Union Health Ministry. India is the seventh worst-hit nation by the novel...

Arunachal Pradesh home minister Bamang Felix on Monday urged the state's community based organizations to support the state government in its fight against Covid19 pandemic by educating the masses about the threat it possesses. "We need cooperation from all quarters in educating the peopl...

The decisions taken by the Union Cabinet on Monday will bring about positive changes in the lives of farmers, labourers and workers, Prime Minister Narendra Modi has said as his government enters second year in office....

Elliot Engel, chief of the US House of Representatives Foreign Affairs Committee, on Monday said that he was "extremely concerned" by the Chinese aggression against India along the Line of Actual Control in Ladakh and urged Beijing to "respect norms and use diplomacy and existing mech...

The Nagpur bench of Bombay High Court on Monday directed Maharashtra government and other competent authorities to test all frontline workers in Vidarbha region of the state for COVID-19 through reverse transcription polymerase chain reaction (RT-PCR) method....

Assam on Monday registered 102 fresh coronavirus cases, including 30 travelers who arrived from Kuwait, taking the state's tally to 1,463. The new cases were reported from 14 districts of the state. The fresh cases were confirmed by Assam Health minister Himanta Biswa Sarma. In a tweet, Bis...

Around 4,000 people across the United States have been arrested during the massive protests over the death of African-American man George Floyd last month. The first arrests were made on May 26 and since then there have been around 4,000 arrests across the US so far, CNN reported. While the anger c...

Australian Prime Minister Scott Morrison would hold a virtual summit with his Indian counterpart Narendra Modi on Thursday during which the two leaders will discuss bilateral ties and their responses to the coronavirus pandemic, a media report said....

Agartala: Tripura recorded a total of 107 new Covid-19 positive cases on Monday, the highest single-day spike in the state till date that took the tally of coronavirus positive patients to 421. The positive cases came in two phases with five cases in the first phase and 102 cases in the late eveni...

In a clear violation of social distancing norms, several CRPF officers and their families gathered at the farewell of DIG rank officer in Jammu and Kashmir's Srinagar. The violation took place at the luncheon organised to bid farewell to DIG CRPF TJ Jacob on May 27 at the Kabootar Khana in Srinagar...

Thiruvananthapuram : With authorities trying their level best to bring back normalcy to day-to-day lives of people -- thrownhaywire by the coronavirus outbreak and subsequent lockdown -- Kerala has opted for online teaching to ensure the studies of schoolchildren in the coastal state does not suff...

On May 31, Madhya Pradesh chief minister Shivraj Singh Chouhan, addressing the citizens of the state a day before the end of lockdown 4.0, said, "The hard work put in by our Corona warriors and the cooperation of the citizenry has ensured that the state has been able to control the viru...

Europe took bolder steps in easing coronavirus lockdowns Monday, with some pubs, tourist sites, pools and schools reopening despite fears of a second wave of infections, while in Latin America new cases piled up past the one million mark. The pandemic has now killed more than 372,000 people and in...

Karnataka Agriculture Minister BC Patil on Monday said that state will not be affected due to locust swarm as it has moved to other states....

After over two months of the nationwide lockdown to contain coronavirus, life is limping back to normalcy in Lucknow and other parts of Uttar Pradesh as the state government announced more relaxations on Sunday following the Centre's guidelines on 'unlock 1.0'. Intra-state bus services have started ...

Life returned to near normal in many parts of the country as several restrictions were eased in the fifth phase of the lockdown that began on Monday. Roads bustled with traffic as people came out in large numbers to visit markets, which are now open for longer hours. After the Centre allowed liftin...

Assam has registered 22 new COVID19 positive cases, taking the state's overall tally to 1,485. Confirming the news, Assam health minister Himanta Biswa Sarma in his latest tweet on the state's COVID19 status said 3 of the infected patients are air travellers. The other infected patients a...

New Delhi: An FIR filed against two officials of Pakistan High Commission, Abid Hussain (42) and Muhammad Tahir (44), who were ??caught by the Special Cell of the Delhi Police from Karol Bagh said that they were caught while procuring sensitive documents related to the movement of armed forces thro...

New Delhi: An FIR filed against two officials of Pakistan High Commission, Abid Hussain (42) and Muhammad Tahir (44), who were ??caught by the Special Cell of the Delhi Police from Karol Bagh said that they were caught while procuring sensitive documents related to the movement of armed forces thro...

London: A fresh picture of Pakistan's former prime minister Nawaz Sharif having tea at a London cafe along with his family went viral on social media, sparking a debate on his health with the ruling Pakistan Tehreek-i-Insaf members demanding his return to face corruption cases. In the picture, th...

The Brihanmumbai Municipal Corporation (BMC) is on high alert as a cyclonic storm is forming near the Mumbai's cost. The storm -- likely to be named Cyclone Nisarga -- is expected to take shape early tomorrow morning and intensify further later in the day. A low-pressure belt is forming in the Arab...