RBI cuts repo rate; changes stance to 'neutral'The policy statement is the first under newly appointed RBI governor Shaktikanta Das, who took charge in December last year following sudden exit of U… Read MoreJLR woes drive Tata Motors to biggest quarterly lossTroubles at the Jaguar Land Rover (JLR) unit, which has been hit hard by US-China trade tensions, low demand for diesel cars in Europe and Brexit worr… Read MoreRBI governor hints at further rate cutsThe surprise 25 basis points rate cut to 6.25 per cent is a measure to broad base credit growth across all the sectors of the economy that's gathering… Read MoreDeposit of Rs 2 cr or more to qualify as 'bulk'The RBI on Thursday decided to raise the criteria for 'bulk deposits' for banks to Rs 2 crore from the current Rs 1 crore, to provide more operational… Read MoreCrypto firm CEO dead, millions of dollars untracedEver since Quadriga CX revealed last month that founder Gerald Cotten, who died in India in December, was the only person able to access the exchange’… Read More
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