The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6.25 per cent, while the marginal standing facility (MSF) rate and the bank rate are both maintained at 6.75 per cent.
The National Conference-Congress alliance clinched an absolute majority in the Jammu and Kashmir Assembly elections, winning 48 seats in the 90-member assembly.
Bharatiya Janata Party leader Tarun Chugh said that the BJP's increased vote share in assembly elections in Jammu and Kashmir was a clear indication of the people's growing confidence in Prime Minister Narendra Modi's leadership.
Union Home Minister Amit Shah expressed gratitude to the people of Jammu and Kashmir after BJP secured the highest ever vote percentage in assembly polls in the valley.
Independent candidate Savitri Jindal won by 18941 votes against Congress' Ram Niwas Rara in Hisar. Savitri secured 49231 votes closely followed by Rara with 30290 votes. BJP's Kamal Gupta came third with 17385 votes.
Addressing party workers at BJP headquarters here after the results of assembly polls in Haryana and Jammu and Kashmir (J-K), JP Nadda attributed BJP's victory in Haryana and the increase in vote share in J-K to the trust the people have in PM Modi's leadership.
Omar Abdullah won both the assembly constituencies he was contesting in Kashmir on Tuesday. He won the Budgam seat by a margin of 18,485 votes against Jammu and Kashmir Peoples Democratic Party's Aga Syed Muntazir Mehdi. In Ganderbal, he won by a margin of 10,574 votes.
Former Chief Minister and senior Congress leader Bhupinder Singh Hooda won by a margin of 71,465 votes from Garhi Sampla-Kiloi constituency on Tuesday.
Haryana Chief Minister Nayab Singh Saini emerged victorious from the Ladwa assembly constituency in Haryana with a margin of 16,054 votes, as per the data of the Election Commission. Saini registered victory after defeating Congress candidate Mewa Singh and independent candidate Vikramjee
Speaking to the media here in the state capital on Tuesday, Farooq Abdullah said, "People have given their mandate, they have proven that they don't accept the decision that was taken on August 5. We want to tackle issues of unemployment, inflation and others. I am grateful to everybody for
On election trends, National Spokesperson of BJP, Shehzad Poonawalla took jibe at Congress leader Pawan Khera and Jairam Ramesh for questioning the ECI voter 'mismatched' data.
Despite the Indian National Congress trailing behind BJP in the Haryana elections, Congress leader Aditya Surjewala won Kaithal assembly seat by 83744 votes. His supporters celebrate at his residence as he leads over BJP's Leela Ram in the constituency.