{"id":1334,"date":"2010-11-06T05:34:18","date_gmt":"2010-11-06T13:34:18","guid":{"rendered":"http:\/\/www.generalknowledgetoday.com\/?p=1334"},"modified":"2010-11-06T05:34:18","modified_gmt":"2010-11-06T13:34:18","slug":"current-affairs-finance-economy","status":"publish","type":"post","link":"https:\/\/generalknowledgetoday.com\/?p=1334","title":{"rendered":"Current Affairs-Finance &#038; Economy"},"content":{"rendered":"<ul>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: disc; text-decoration: none; vertical-align: baseline;\">\n<ul>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\"><strong>RBI Raised Interest Rates<\/strong><\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\"><span style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">RBI raised interest rates for the sixth time this year,<\/span><\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\"><span style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Home loans would turn more expensive as banks are forced to end `teaser rates&#8217; and due to a cap on ratio of loan to value of homes, but that could slow the rate of price rises, helping buyers.\n<p><\/span><\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\"><span style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">RBI raised the repurchase rate, the rate at which it lends to banks, by 25 basis points to 6.25% and the reverse repurchase rate by a similar margin to 5.25%.<br \/>\n<\/span><\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\"><strong>The Sensex\u00a0 in New Heights<\/strong><\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\">The Bombay Stock Exchange (BSE) zoomed to a 34 month high of 20,893.57,<\/li>\n<li style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; list-style-type: circle; text-decoration: none; vertical-align: baseline;\">up by a whopping 427.83 points, on scattered demand at the end of the session today.The Nifty of the National Stock Exchange (NSE) also ended higher by 121.30 points to 6281.80.\n<p>The Key benchmark indices continued their uptrend, with the barometer Sensex hitting its highest level in nearly 34 months.<span style=\"background-color: transparent; color: black; font-family: Arial; font-size: 11pt; font-style: normal; font-weight: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>RBI Raised Interest Rates RBI raised interest rates for the sixth time this year, Home loans would turn more expensive as banks are forced to end `teaser rates&#8217; and due &hellip; <a href=\"https:\/\/generalknowledgetoday.com\/?p=1334\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[255,9,43],"tags":[207,9107,9108,9109],"class_list":["post-1334","post","type-post","status-publish","format-standard","hentry","category-business","category-current-affairs-club","category-economics","tag-current-affairs","tag-current-affairs-october","tag-current-affairs-finance-economy","tag-rbi-raised-interest-rates","entry"],"_links":{"self":[{"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=\/wp\/v2\/posts\/1334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1334"}],"version-history":[{"count":0,"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=\/wp\/v2\/posts\/1334\/revisions"}],"wp:attachment":[{"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/generalknowledgetoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}