Hong Kong leader rules out concessions

Hong Kong’s leader Carrie Lam warned that two months of pro-democracy demonstrations were causing economic chaos in the city but ruled out making concessions to “silence the violent protesters”.

Statehood for Jammu & Kashmir will be restored-PM

Ina recent televised address to the nation two days after both Houses of Parliament cleared the reading down of Article 370 and the reorganisation of the State of Jammu and Kashmir into two separate Union Territories, PM Narendra Modi said it was a historic move and a new beginning for Jammu and Kashmir as well as Ladakh.

Lending to NBFCs

The Reserve Bank of India (RBI) to take several measures to increase credit flow to the NBFC sector.

Repo rate cut

The Reserve Bank of India reduced the key policy rate, the repo rate, by 35 basis points (bps) to 5.4%.