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March 18, 2018

Archives for December 1, 2015

IMF admits China’s Yuan into its currency basket

Newsroom24x7 Desk Washington, DC : The International Monetary Fund (IMF) admitted China’s Yuan into its benchmark currency basket and gave China’s currency a prized reserve asset status. This came in as a successful culmination of Beijing’s campaign for recognition as a global economic power and rendered Beijing’s endeavors victorious. The decision to add the Yuan,

RBI keeps repo rates unchanged

Newsroom24x7 Desk Mumbai : The Reserve Bank of India (RBI) kept its key repo lending rate unchanged at 6.75 percent. This announcement came in expected lines as statistics suggested repo rate to stay static on hold after consumer inflation picked up to a four-month high. Adding to this, the global scenario too is gearing up

Security forces bust a militant hideout in Poonch

Newsroom24x7 Desk Srinagar : Security forces have busted a militant hideout and confiscated huge quantity of arms and ammunitions in Poonch district of Jammu and Kashmir. The force received inputs of arms cache stacked up in the hideout within Poonch section of J and K state. Authentic intel made the army personnel track down exact

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