Mumbai/March,27: Reserve Bank of India (RBI) Governor Shaktikanta Das slashed the key lending rate by 75 basis points (0.75 percentage point) in an emergency move on Friday, to counter the economic fallout from the rapid spread of the deadly coronavirus pandemic. The move came as the country entered the third day of nationwide lockdown to curb the spread of the virus, following an unscheduled meeting of its Monetary Policy Committee, which was originally scheduled to conduct a bi-monthly review early next month. Four out of the six members of the Monetary Policy Committee voted in favour of the move. “The economic outlook globally is uncertain and obviously negative… Financial stability is the topmost priority of the RBI in this crisis,” said Shaktikanta Das.
Director Agriculture Kashmir visits S.M Farm Tapper Kreeri, takes stock of Agriculture activities
SRINAGAR, AUGUST 22:- Director Agriculture Kashmir, Sartaj Ahmad Shah visited Seed Multiplication Farm Tapper Kreeri and took stock of various...
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