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RBI Reduces CRR By 25 Basis Points
Today, the central bank, Reserve Bank of India has decreased the cash reserve ratio (CRR) by 0.25% and the new amount has been fetched at 4.25%. This move by Reserve Bank of India to reduce the CRR rate will infuse another Rs 17,500 crores into the banking system.
Jobless In The US Preferring Unpaid Internship
As the US economy is still struggling to be back on the wheels, many job seekers are preferring to work for free in many companies. Take the instance of Jacob, a resident of Malibu. He gets up from bed at 7 am in the morning and rushes towards his office.
Lawsuit Filed Against JP Morgan For Selfish Investments
Now it is the beginning of another round of lawsuit in the US as actors guild AFTRA has filed a case against the investment bank JP Morgan. The investment bank has been accused of making huge losses to the pension fund of the guild.