The ongoing travel season combined with the weekend rush has thrown traffic management into disarray. Severe traffic congestion has been reported in Haridwar and Dehradun cities and at multiple points along the national highway, leaving commuters and pilgrims stuck for hours.
Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
Sinner defeated three-time French Open winner and 100-time tour-level titlist by 6-4, 7-5, 7-6(3), with the match featuring points earned all over the tennis court, Sinner's precision and power and his great serve. This all overwhelmed the 24-time Grand Slam champion Djokovic and helped the
Anna secured her maiden Norway Chess title, drawing in both classical and armageddon against Grandmaster Vaishali Rameshbabu, but it was still enough for her to seal the win with a total of 16.5 points. At the second spot was Lei Tingjie with 16 points while Humpy finished third with 15 poin
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI).
The Indian stock indices ended on a strong note and surged after the larger-than-expected policy rate cut, reflecting elevated optimism among the market participants on the last trading day of the week.
Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country.
In a major move to boost liquidity in the economy, the Reserve Bank of India (RBI) on Friday announced a cut in the Cash Reserve Ratio (CRR) by 100 basis points in four tranches of 25bps each.
In Round 9, World Chess Champion defeated China's formidable Wei Yi, reaching 14.5 points and narrowing the gap between himself and tournament leader Magnus Carlsen to just half a point.