Latest News LIVE: RBI likely to hike rates in key monetary policy review today

The Reserve Bank of India (RBI) in the Monetary Policy Committee’s (MPC’s) statement on Friday announced a rate hike of 50 basis points to 5.40 per cent. The bi-monthly meeting of the RBI MPC started on Wednesday, and RBI Governor Shaktikanta Das on Friday announced that marginal spending facility rate and the bank rate were … Read more

Angry China Fires Missiles Around Taiwan In Largest-Ever Military Drills

Nancy Pelosi left Taiwan yesterday after a trip that challenged a series of stark threats from China. Beijing: China fired ballistic missiles and deployed fighter jets and warships on Thursday as it held its largest-ever military exercises around Taiwan, a show of force sparked by US House Speaker Nancy Pelosi’s visit to the island. Pelosi … Read more