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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.
U.S. Intelligence Releases Osama Bin Laden Watching His Own Videos
US intelligence has recently released videos of Osama Bin Laden in his Abbottabad hideout looking at video interviews and grooming himself for what seems to be further video messages. These videos were released to make for proof that it was indeed U.S. Navy SEALs who killed the most feared terrorist in the world.
Fearless And Charismatic Bal Thackeray Is No More
The entire city of Mumbai along with Maharashtra is in an awe of deep shock with the demise of their beloved leader –Bal Thackeray. A cartoonist at heart which later went on to become the voice of Maharashtrians and founded the Shiv Sena party came a long way.