Top Headlines - 06.04.2016

Top Headlines - 06.04.2016
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1. The Reserve Bank cut the key interest rate (repo rate) by 0.25 per cent and introduced a host of measures to smoothen liquidity supply so that banks can lend to the productive sectors and indicated accommodative stance going ahead.

Making CRR- 4%, SLR-21.25%, Repo Rate- 6.5%, Reverse Repo Rate- 6% and MSF- 7%.

CRR- 4%, SLR-21.25%, Repo Rate- 6.5%, Reverse Repo Rate- 6% and MSF- 7%.

2. Gatimaan Express, Indian Railways first semi-high speed train, completed its maiden 200 km journey to Agra, Uttar Pradesh from Delhi within the targeted 100 minutes.

3. Prime Minister Narendra Modi has launched the 'Stand up India' scheme under which banks will give loans of up to Rs 1 crore to SC/ST and women entrepreneurs.

4. In View of the rapid increase in the amount of smartphone users doordarshan shall start a free t.v. service for free on mobile phones. Such service will be started by the name digital terrestrial television services. 

5. IPL’s new team Gujrat Lion’s has announced TVS Tyres to be its Main Sponsor.

6. Coach Waqar Younis and Captain Shahid Afridi have resigned from their respective posts after Pakistan cricket team’s dismal performance in the recent T-20 World Cup.

7. With an aim to promote participation in research, the HRD Ministry has decided to give additional time to women and persons with disabilities to complete their M.Phil. and Ph.D.

For M.Phil. We have extended the time limit to three years from two years and for Ph.D., we are hoping to increase it to eight years from six.

8. Former AC Milan defender and Italy coach Cesare Maldini has died at the age of 84.