The Reserve Bank of India has kept repo-rate unchanged at 7.25 per cent in its third bi-monthly monetary policy review today in Mumbai. RBI also kept the reverse-repo rate unchanged at 6.25 per cent. Repo-rate is the rate at which RBI lends to commercial banks and reverse-repo rate is the rate at which RBI borrows from the banks.
This is something which would certainly make Indian basketball players proud. Punjab's basketball player Satnam Singh Bhamara has been picked by Dallas Mavericks and with this he became the first Indian basketball player to be drafted in the National Basketball Association (NBA).
In India same sex marriage or relationships are not allowed by law. If one is found in such relationships he or she may be put behind bars for ten years. But now a visual advertisement titled 'The Visit', which is said to be the country's first lesbian ad is setting social media on fire these days as well as challenging the authorities also.
Indian Railway Catering and Tourism Corporation (IRCTC) in an innovative step has decided to offer flight tickets to its passengers with wait-listed train tickets. So far IRCTC has managed to tie-up with Go Air while talks are underway with Spice-Jet.