Concourse at Miami International Airport to reopen Monday despite government shutdown
Zimbabwe economic crisis: Fuel price hike, national strike and a new currency
Cadillac just revealed the design of its first EV
China logs record trade surplus with U.S. in 2018
California’s Largest Utility Plans Bankruptcy As CEO Makes For The Exit
RBI keeps repo rate unchanged at 6.5%
06 December 2018, 05:45 | Hattie Nash
RBI to announce its fifth bi-monthly monetary policy review of the current financial year this afternoon
The central bank also retained the GDP growth projection for FY19 at 7.4 per cent.
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday (December 5) kept key lending rate unchanged at 6.5 per cent after the conclusion of its fifth bi-monthly policy review. Dholakia, known for his dovish stance, voted to change the stance to neutral.
Inflation projection lowered: Inflation has been projected at 2.7-3.2 per cent for second half of FY2018-19 and 3.8-4.2 per cent for the first half of FY 2019-20, with risks tilted to the upside.
U.S. report: Meghan Markle hunts for Hollywood publicist
The couple said they had handed over a present of a bottle of aftershave for William and Kate to take over to Cyprus. The couple themselves have big plans for Christmas Day, expecting to spend the day with the Queen at Sandringham.
India's GDP slowed to 7.1 percent in the September quarter even as retail inflation dropped to a one-year low of 3.31 percent in October.
While the comfort on inflation has increased, the comfort on growth has decreased.
On balance, the MPC was of the view that incoming data will help ascertain the durable nature of the recent inflation softening and allow better judgment on future policy action. Calibrated Tightening means rate cut is off the table this cycle. The 10-year government bond yield closed at 7.441%, a level last seen on 13 April, from its previous close of 7.573%.
Everyone is digging Tom Cruise’s PSA about motion smoothing
If you haven't fiddled around with the settings on your TV, there's a good chance motion smoothing is switched on by default. But until then, Cruise and McQuarrie say, Google how to turn of "motion smoothing" on whatever brand of TV you have.
RBI's new liquidity management framework incorporates an SLR reduction by 25 bps every quarter until the SLR reaches 18% of net demand and time liabilities (NDTL).
What is Statutory Liquidity Ratio (SLR)? LCR is the amount of high-quality liquid assets that banks have to set aside to meet short-term obligations.
The so-called statutory liquidity ratio (SLR) now stands at 19.50 per cent and the move to lower the SLR should prod banks to lend more rather than park their cash in safe-haven government securities. The central bank assured enough liquidity for the financial system, stating that it may step up the frequency and quantum of open market operation purchases of government securities till March-end.
America's Next Top Model star dies at 34
America's Next Top Model contestant Jael Strauss has passed away from cancer at the age of 34, according to TMZ . With treatment it may prolong my life longer than the "few months" doctors said I could make it.
Soyuz MS-11 Blasts Off to ISS From Baikonur Cosmodrome
During its 194-day stay on the orbital outpost, the new crew will carry out a lot of operations and 48 scientific experiments. Neither man was injured in the incident, which was blamed on a faulty sensor damaged during the rocket's assembly.
Mbappé Names One Player Who We Wants At PSG
The Ballon d'Or is the prize every top footballer hopes to win 1 day - the title of the best footballer in the world. Despite being just 19 years old, the Frenchman has enjoyed a huge amount of success in his young career.