Reserve Bank of India keeps repo rate unchanged at 5.15%

February 6, 2020

The Reserve Bank of India (RBI), kept the repo rate unchanged at 5.15%. The reverse repo rate also remained the same at 4.90%. This decision was taken by the monetary policy committee (MPC) on Thursday. As per reports, the committee voted 6-0 in favor of not tweaking the rates. RBI also said it will maintain the “accommodative” stance for as long as it takes. Details No cut can be expected till June…

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How to deal with tax-related frauds

February 6, 2020

A recent Netflix series—Jamtara: Sabka Number Ayega—has picked up its name and the plot from a small town in Jharkhand considered the capital of cybercrimes in India. According to a report by the National Crime Records Bureau (NCRB) for the year 2016, more than 50% of cybercrimes in India were traced to Jamtara. The series shows a group of young men running a lucrative phishing operation, but that’s only one…

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