Indian
CBI books two LIC officials for forging insurance policy documents
Draft law proposes 10-year jail term for dealing in cryptocurrency
RBI cuts rates, turns ‘accommodative’ as economy slows
Repo rate is the rate at which the RBI lends money to commercial banks. A repo rate cut allows banks to reduce interest rates for consumers on loans, and lowers equal monthly instalments on home loans, car loans and personal loans. India’s economy grew just 6.8 per cent in 2018-19, according to government data. In the fourth quarter (January to March), the growth dipped to 5.8 per cent, marking a five-year low.
Motor TP premium for 2-wheelers, cars to go up from June 16
New Delhi: Car and two-wheeler insurance will cost more from...
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