Indian central bank raise interest rates by 25 bps
Mumbai - Xinhua
Indian central bank, Reserve Bank of India (RBI) Tuesday announced interest rate hike by 25 basis points to tame persistent inflation. Indian repo rate, at which banks borrow money from RBI, and reverse repo rate at which banks park money at RBI will be increased to 8.5 percent and 7.5 percent, respectively, following the 13th hike of interest rates since March 2010.
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The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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