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RBI reduces lending rate by 0.25% to 7.5% with softening inflation

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Today, Reserve Bank of India surprised markets by reducing the benchmark interest rate by 0.25 per cent to 7.5 per cent on the back of softening inflation and immediately after  the Budget,  the government’s commitment to continue the fiscal consolidation programme.

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Amreli: Savarkundla police seized 291 kg of sandalwood worth Rs 49 lakhs

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Sonia Gandhi: Rahul will lead Congress on my retirement

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