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June 7, 2024 2:11 PM

RBI keeps Repo Rate unchanged at 6.5%

The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.50 percent for the eighth time in a row. Consequently, the standing deposit facility (SDF) rate remains at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 percent. The decisions w...

June 7, 2024 12:32 PM

IMF expresses confidence in imminent resolution of Sri Lanka’s debt issues

The International Monetary Fund has expressed confidence in the imminent resolution of Sri Lanka's debt issues, citing significant progress in the crisis hit country's economic reforms. Taking to social media platform X, Sri Lanka’s State Finance Minister noted that the IMF has observed several de...

June 7, 2024 9:21 AM

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T20 World Cup: Newcomers USA stuns Pakistan by 5 runs in Super Over

On to sports, In the ICC Men's T20 World Cup Cricket, hosts United States stunned the former champions Pakistan by five runs in a thrilling Super Over last night. Akashvani Correspondent reports that in the first big upset of this T20 World Cup, USA pulled off a massive victory against Pakistan afte...