rbi-keeps-repo-crr-unchanged-cuts-slr-by-50-bps Play

RBI keeps repo, CRR unchanged; cuts SLR by 50 bps

Mumbai, Aug 05 (ANI): India_s central bank, Reserve Bank of India (RBI), keeps its key policy repo rate unchanged as widely expected, but lowers banks_ minimum bond holding requirements, known as the statutory liquidity ratio (SLR) by half a percentage point. The RBI has lowered the SLR, by half a percentage point to 22 percent to free up more money for lending, effective from August 09. RBI governor Raghuram Rajan said the move was aimed at giving more funds to private sector and for the public sector firms. The repo rate has been unchanged since January, when the RBI increased it by a quarter percentage point. Aug 5, 2014
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Rani Mukerji promotes her movie 'Mardaani'

Mumbai, Aug 5 (ANI): Bollywood actress, Rani Mukerji, along with director Pradeep Sarkar and script writer Gopi Puthran promoted her upcoming drama film, 'Mardaani', in India's entertainment capital, Mumbai recently. 'Mardaani', which means manly, revolves around a senior police inspector, played by Rani, who unearths human trafficking racket. While promoting the movie, she said that the film was relevant in today's times and after watching it, every woman will feel empowered. Meanwhile, she also said that queen of Jhansi, who was one of the leading figures to drive out British East India Company, inspired her and was a symbol of women empowerment. The film is produced by Aditya Chopra and is slated for release on 22nd August 2014. Aug 5, 2014
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Robert Pattinson feels his house is _psychotic_

New Delhi, Aug 5 (ANI): Robert Pattinson thinks that his house is a bit _psychotic_ and his home doesn_t represent his personality in any way. The _Twilight_ star revealed in a magazine that his house did not reflect his personality. There was no furniture and the house was weird and a bit cabin-fevery, a web portal reported. He is currently renting a property on Mulholland Drive in California. Aug 5, 2014
china-earthquake-death-toll-passes-400 Play

China earthquake death toll passes 400

Two days after a magnitude 6.1 tremor destroyed 80,000 houses in south west China and seriously damaged 124,000 more, rescuers are still searching for survivors while others mourn their dead. Aug 5, 2014
strict-action-will-be-taken-mulayam-singh-yadav-on-meerut-incident Play

Strict action will be taken: Mulayam Singh Yadav on Meerut incident

Lucknow, Aug 5 (ANI): Samajwadi Party chief Mulayam Singh Yadav on Tuesday said that strict action would be taken against all those behind the Meerut incident. Three persons have been arrested in connection with the alleged abduction, gang-rape and forced religious conversion of a 20-year-old woman in the Kharkhauda area of Meerut district. Political leaders on Tuesday demanded action as tension gripped Meerut where the 20-year-old madrasa teacher was allegedly gang-raped and forced to convert into a community. The woman has alleged that she was forcibly converted to Islam in a madarsa in Hapur. In addition, she has said she was held captive in another madarsa in Muzaffarnagar for three days, where she was sexually assaulted. The woman managed to escape from captivity on August 2 and contacted her family who rescued her and later filed a complaint with the police. Aug 5, 2014
in-u-turn-ncp-backs-insurance-bill-as-it-was-a-upa-initiative-politicos-react Play

In U-turn, NCP backs insurance bill as it was a 'UPA initiative', politicos react

New Delhi, Aug 5 (ANI): As the government tried to push forth with the Insurance Laws (Amendment) Bill - that provides for 49 per cent foreign direct investment (FDI) in the sector - it received a boost from unexpected quarters when a key UPA ally came to its support. The Nationalist Congress Party (NCP) decided to back the bill, as it was "after all a UPA government initiative". At an all-party meeting held in the Parliament on Monday, senior NCP leader Praful Patel said his party had no problem in supporting the bill. Aug 5, 2014