Wednesday,
June
25,
2008, Chandigarh, India
Updated at 3:00 am (IST)
RBI moves to
tame inflation
Repo
rate, CRR hiked
Mumbai/New Delhi,
June 24
The Reserve Bank of India
today announced its much-awaited measures to curb liquidity by
raising banks’ mandatory cash reserves and its short-term
lending (repo) rate to them, a move that banks said would
increase interest rates for auto, personal and home loans as
also for the industry.
Nation page: 9 pc growth
sustainable, says Montek
Vohra
to take oath as Governor today
Srinagar, June 24
The Centre’s
interlocutor on Kashmir and former union home secretary, N.N.
Vohra is being sworn in as the new Governor of Jammu and
Kashmir here tomorrow. His warrant of appointment was issued
by the President on June 11 as the 12th Governor of the state,
replacing Lt.-Gen (Retd) S.K. Sinha.
Gen
S.S. Mehta to be Tribune Trustee
Chandigarh,
June 24
Lieut-Gen S.S. Mehta,
former General Officer Commanding-in-Chief, Western Command,
is joining the Board of Trustees of The Tribune as a member.
He was chosen unanimously as a new member by the trust at a
meeting presided over by the president, Mr R.S. Talwar, in New
Delhi yesterday.
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