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April 2018
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Business News
Highlights of RBI monetary policy
 
(Mumbai, Apr 5, 2018): Following are the highlights of the first bi-monthly monetary statement for 2018-19:

* RBI keeps key lending rate (repo) on hold at 6 per cent;

* Reverse repo rate stands at 5.75 per cent, bank rate at 6.25 per cent;

* Inflation projection revised downwards to 4.7-5.1 per cent in H1 of FY19 & 4.4 per cent in H2;

* Recent volatility in crude prices has imparted uncertainty to the near-term outlook on inflation;

* RBI flag risks to inflation from fiscal slippages at the level of states;

* GDP growth projected to strengthen from 6.6 in FY18 to 7.4 per cent in FY19;

* GDP growth projected at 7.3-7.4 per cent in H1 of FY19 & 7.3-7.6 per cent in H2;

* Clearer signs of revival in investment activities; exports to get boost from improvement in global demand;

* Next meeting of 6-member MPC on June 5 and 6.(PTI)


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RBI sets rupee reference rate at 64.9366 against US dollar
Indians choose travel over shopping, food: Survey
'Panama Papers' law firm shuts down operations
KERALA NEWS
Date for Chengannur by-poll announced
 (Thiruvananthapuram, Apr 26, 2018, DG): After a long wait, the Election Commission has finall  
Now, railway tickets in Malayalam too
Decomposed body of Malayali woman found buried in her house in Sharjah
Confirmed: Decomposed body belongs to Liga
INTERNATIONAL NEWS
Pakistan foreign minister Khawaja Asif disqualified as member of Parliament
 (Islamabad, Apr 27, 2018):The Islamabad High Court today disqualified Pakistan's foreign mini
Nigerian Senate Summons Country's President
US warns migrant 'caravan' against trying to enter
Democratic lawmakers oppose ending work permits for H-1B spouses
NATIONAL NEWS
HC rejects Rajiv case convict's plea for release
 (Chennai, Apr 27, 2018): The Madras High Court today rejected Rajiv Gandhi assassination case
Google doodle remembers Hindi poet Mahadevi Varma
Sanji Ram planned Kathua girl's murder to save son: investigators
Indu Malhotra takes oath as SC judge
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