The Reserve Bank of India (RBI) last week announced a cut of 40 basis points (bps) in repo rates to 4%. RBI’s Monetary Policy Committee (MPC) has slashed the external benchmark rate by a total of 115 bps since the lockdown to combat covid-19 began.

Moreover, citing the need to mitigate the impact of covid-19 and revive growth while ensuring that inflation remains within the target, RBI had slashed the repo rate by 75 bps on 27 March.

Following this, banks lowered their lending rates. But the benefits of this massive cut may not come at the same time for all borrowers.

Here’s what to expect. The MCLR lag According to experts, those who are servicing MCLR-based loans might have to wait for reduction in their interest rates. “The 40 basis

Read more on livemint.com

All news from livemint.com

The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

EasyJet to cut staff by 30% as coronavirus-hit airline resumes flights on June 15

Budget airline easyJet is to reduce staff numbers by up to 30% ahead of its proposes relaunch of flights on June 15.

Johan Lundgren Britain pandemic stars EasyJet Coronavirus

Apple Music to launch its 1st radio show in Africa

NEW YORK – Apple Music is launching its first radio show in Africa.

New York

Judas Priest: Rob Halford's warts and all autobiography 'Confess' gets official release date

Judas Priest singer Rob Halford’s fervently awaited autobiography ‘Confess’ will be released on Tuesday 29th September 2020 via Hardline books.

2020 pandemic stars Coronavirus

ESRI forecasts average unemployment rate of 17% in 2020

The Economic and Social Research Institute has described Covid-19 as a major shock to economic life which is unprecedented in modern times.

Ireland covid-19 Coronavirus

Minneapolis protest: Looters steal TVs and raid shops as anger after George Floyd's death grows

Violent protests have broken out across the city where a black man died shortly after being pinned down by a white police officer.

George Floyd city Minneapolis death Crime In the News Coronavirus

India invites bid for One Sun One World One Grid to take on China’s Belt and Road Initiative

NEW DELHI : India has moved ahead with threading-the-needle for an ambitious global electricity grid, with the National Democratic Alliance (NDA) government on Tuesday calling for bids to roll-out the “One Sun One World One Grid" (OSOWOG) plan.

China city New Delhi India pandemic Government Coronavirus

Seminole County Sheriff’s Office vehicle used in Ford’s experiment to neutralize COVID-19

SEMINOLE COUNTY, Fla. – A Seminole County Sheriff’s Office vehicle was used in Ford’s trial run to neutralize COVID-19, according to a news release from the company.

state Florida county Seminole county Ford virus covid-19 sanitizer Coronavirus

Mark Ruffalo - Julia Roberts - Ryan Murphy - Rob Reiner - Jim Parsons - Matt Bomer - Larry Kramer - Rob Reiner, Ryan Murphy, Mark Ruffalo Remember "Fierce Advocate" Larry Kramer - hollywoodreporter.com - city New York - county Love

hollywoodreporter.com

28.05.2020 / 05:39

66%

194

Rob Reiner, Ryan Murphy, Mark Ruffalo Remember "Fierce Advocate" Larry Kramer

Hollywood stars and public figures took to social media on Wednesday to pay tribute to Larry Kramer, the Oscar-nominated screenwriter, playwright, author and trailblazing gay rights and AIDS activist who died Wednesday of pneumonia. He was 84.

Mark Ruffalo Julia Roberts Ryan Murphy Rob Reiner Jim Parsons Matt Bomer Larry Kramer city New York county Love 2020 Government Hollywood stars

Abandoned cat and three kittens found dumped inside carrier bag

A cat and three kittens were found abandoned and dumped in a carrier bag.

city Manchester county Hyde crisis Animals Cats Coronavirus

Nation's capital set to begin a gradual reopening on Friday

WASHINGTON – The nation's capital will begin a gradual reopening Friday, even as Mayor Muriel Bowser warns that it probably will result in more coronavirus infections.

Muriel Bowser Washington Government infection Department Coronavirus

Study finds lower COVID-19 death rate in Metro Vancouver ICUs than other cities

People admitted to intensive care at Lower Mainland hospitals were less likely to die of COVID-19 than patients in other regions around the world, according to a new study.

New York China city Wuhan, China Italy city Seattle covid-19 coronavirus news coronavirus update Coronavirus

Coronavirus: Montreal announces new measures to support residents on moving day

Moving day is about a month away but what will this annual tradition look like this year now that COVID-199 is here to stay? The City of Montreal laid out its action plan for moving day. Global’s Gloria Henriquez has more.

Gloria Henriquez Coronavirus

Vulnerable people in care homes dying three times normal rate during pandemic

Vulnerable people receiving care in their homes have been dying during the crisis at three times the normal rate.

Britain county Midland virus covid-19 testing patient

Another one: Clermont cancels Fourth of July event due to coronavirus pandemic

CLERMONT, Fla. – Clermont is the latest Central Florida city to call off its Fourth of July event in light of the ongoing coronavirus pandemic.

state Florida county White county Clermont pandemic Coronavirus

Coronavirus outbreak: Premier Ford announces Ontario to take over 5 more long-term care homes in GTA

On Wednesday, Premier Doug Ford said the Ontario government will take over five more long-term care homes around the Greater Toronto Area amid the coronavirus pandemic.

Doug Ford outbreak pandemic Government Coronavirus

Doug Ford - Andrea Horwath - Merrilee Fullerton - Coronavirus outbreak: Premier Ford refuses to ask for resignation of long-term care minister, praises her record instead - globalnews.ca

Coronavirus outbreak: Premier Ford refuses to ask for resignation of long-term care minister, praises her record instead

After a Canadian military report detailed disturbing allegations of horrific conditions inside five of the province’s long-term care homes, Ontario NDP Leader Andrea Horwath called for the resignation of the province’s long-term care minister, Merrilee Fullerton.

Doug Ford Andrea Horwath Merrilee Fullerton outbreak Coronavirus

Ruth Langsford: This Morning star speaks out after being accused of breaking lockdown rule

This Morning presenter Ruth Langsford, 60, has hit back after facing negative comments from some social media users, who suggested she had broken coronavirus lockdown rules due to her flawless hairdo.The star addressed the claims at the beginning of the ITV show today by asking her husband Eamonn Holmes, 60, if her hair looked okay.Her question prompted her co-presenter to reveal that the couple had received some questions online about her appearance.Hairdressers’ salons have been closed since March, when strict social distancing rules were enforced by the UK Government.As a result, Ruth’s fans have been curious about how she has maintained her perfectly styled locks without any professional help.The star admitted she has been left feeling

Ruth Langsford Eamonn Holmes Britain This Morning

Jadon Sancho - Jude Bellingham - Jack Grealish - Alexis Sanchez - Manchester United prepared to offer forward as part of Jadon Sancho deal and more transfer rumours - manchestereveningnews.co.uk - city Sanchez - city Manchester - city Sancho

manchestereveningnews.co.uk

27.05.2020 / 23:37

77%

416

Manchester United prepared to offer forward as part of Jadon Sancho deal and more transfer rumours

Manchester United have offered Alexis Sanchez to Borrusia Dortmund in part-exchange for Jadon Sancho, according to reports.

Jadon Sancho Jude Bellingham Jack Grealish Alexis Sanchez city Sanchez city Manchester city Sancho crisis Coronavirus

Reid Wilkins on the Edmonton Oilers bidding to host NHL playoffs

The Edmonton Oilers have submitted a lengthy bid to serve as an NHL hub city to host the playoffs. Reid Wilkins, host of Inside Sports and Oilers Hockey on 630 CHED, joined Global News Morning Edmonton to talk about it.

NHL

Hollyoaks’ Stephanie Davis reveals hair transplant results to get rid of her ‘high forehead’ and lower her hairline

HOLLYOAKS star Stephanie Davis has revealed the results of her hair transplant to get rid of her "high forehead". Stephanie, 27, showed off her "new confident, fuller hairline" six months after her first surgery in November last year.

Stephanie Davis Britain hospital death stars Coronavirus

Boris Johnson says pubs 'could open faster than previously thought'

Under-fire Boris Johnson says pubs and restaurants could be open sooner than expected.

Boris Johnson hospital virus recommendations Government

Radiohead to stream classic ‘Live At The Astoria’ show in full

It's the latest upload in their ongoing lockdown series

Britain city London 2020 Indie crisis Coronavirus

Dabur India’s fourth quarter shows covid-19 impact; recovery to be slow

At the onset of the March quarter results season, expectations were understandably running low. Still, Dabur India Ltd’s last quarter performance is discouraging. The company’s domestic volume declined by 14.6% for the quarter. This is among the worst performances seen in the consumer staples sector. Note that larger consumer staples peer Hindustan Unilever Ltd’s volume fell by 7% last quarter. Analysts have estimated Nestle India Ltd to have seen volume growth during the March quarter. Godrej Consumer Products Ltd saw its India business volume decrease by as much as 15%.

India covid-19 2020 crisis

Coronavirus: Premier Ford says Ontario to take over 5 more long-term care homes in GTA

Premier Doug Ford said the Ontario government will take over five more long-term care homes around the Greater Toronto area, in addition to the two already under its control.

Doug Ford Premier Ford city Scarborough covid-19 coronavirus news coronavirus update Coronavirus

Coronavirus: Premier Ford to make long-term care announcement after ‘horrific’ military report

TORONTO – Premier Doug Ford is set to make an announcement related to long-term care today, a day after a military report revealed allegations about five homes that the premier has called “horrific.”

Doug Ford Canadian Armed covid-19 coronavirus news coronavirus update Coronavirus

Holly Willoughby - Phillip Schofield - Ruth Langsford - Eamonn Holmes - Ruth Langsford brutally shuts down 'annoying' claims she's broken lockdown rules - dailystar.co.uk

Ruth Langsford brutally shuts down 'annoying' claims she's broken lockdown rules

This Morning presenter Ruth Langsford has hit back at comments from social media users accusing her of breaking coronavirus lockdown rules.

Holly Willoughby Phillip Schofield Ruth Langsford Eamonn Holmes This Morning stars Coronavirus

Chance The Rapper criticises police for focus on black neighbourhoods during lockdown

“Please stop sending large groups of militarized police into our neighborhoods exclusively"

city Chicago, state Illinois state Illinois gatherings rap mask Department

Disney, SeaWorld announce plans for Florida parks to reopen

FORT LAUDERDALE, Fla. – SeaWorld and Walt Disney World will reopen in Orlando, Florida, in June and July after months of inactivity because of the coronavirus pandemic, according to plans a city task force approved Wednesday.

Ron Desantis state Florida city Orlando state Indiana county Lauderdale city Fort Lauderdale, state Florida recommendations pandemic Hollywood Coronavirus

Coronavirus outbreak: Trudeau says Parliament will sit four times per week going forward

Speaking to reporters outside Rideau Cottage in Ottawa on Wednesday, Canadian Prime Minister Justin Trudeau said the new Parliamentary schedule, which will see MPs sit four times per week, will allow the highest level of Canadian federal government will stay “functioning” during the COVID-19 pandemic.

Justin Trudeau city Ottawa outbreak Government Coronavirus

Opinion | Fashion retailing takes slow road to revival after the lockdown

Formal wear has no takers at Madame stores. Only T-shirts, pyjamas, night suits are selling

India city Delhi covid-19 Government travelers

Evidence suggests cloth masks could help in fight against transmission of coronavirus: researchers

A group of researchers who combed through a century of studies believes there is some evidence that cloth and cloth masks may reduce the transmission of the coronavirus.

county St. Joseph covid-19 McMaster University World Health Organization Coronavirus

manchestereveningnews.co.uk

27.05.2020 / 19:27

69%

754

Cat and three tiny kittens found dumped inside carrier bag in Salford

A cat and three kittens were found dumped in a carrier bag in Salford.

city Manchester county Hyde covid-19 crisis Coronavirus

Nicolas Tagliafico on Chelsea's radar as Blues alerted to cut-price transfer

Chelsea have been alerted to a potential cut price deal for Ajax full back Nicolas Tagliafico.

Edwin Van Netherlands Argentina Coronavirus

Ford's cop cars can now kill coronavirus with extreme heat

FOX NEWS - Ford is ready to bring the heat to the coronavirus fight.

state Ohio virus Department Coronavirus

Huge Washington unemployment fraud warning to other states

SEATTLE – The first word Seattle political consultant Dayna Lurie had that someone filed for unemployment benefits in her name was when her boss called.

city Seattle Washington state Washington city Washington pandemic bill Department Coronavirus

Rachel Riley: 'Just as filthy as you can imagine' Countdown star in 'rude' show admission

Countdown host Rachel Riley, 34, has opened up about her difficulties in trying to maintain her composure when “rude words” appear on the Channel 4 show’s board.The presenter admitted the programme’s producers and gallery are “just as filthy as you can imagine” and try to encourage a giggle from her during filming.While speaking exclusively to Express.co.uk about hosting Sky’s National General Knowledge Test with 100 quiz questions, Rachel revealed she often catches onto cheeky phrases, which sometimes go unnoticed by her co-stars Nick Hewer and Susie Dent.When quizzed on whether she finds it hard not to laugh when funny words are spelled out on the Countdown board, the star divulged: “All the time! “In my ear the producers and the gallery

Rachel Riley experts testing stars Coronavirus

Covid-19 reproductive rate now between 0.4 and 0.5, says Health Minister

Health Minister Simon Harris has told the Dáil that the reproductive rate for Covid-19 is now between 0.4 and 0.5.

Simon Harris Ireland Coronavirus

Mysterious radio bursts reveal missing matter in cosmos

Fast radio bursts, imagined here in a staggered arrival of frequencies at a detector of the Australian Square Kilometer Array Pathfinder telescope.

Australia crisis stars travelers

Premier Brian Pallister to update Manitobans Wednesday on latest coronavirus measures

Premier Brian Pallister has called a press conference for 11 a.m. Wednesday.

Brian Pallister coronavirus in manitoba coronavirus Manitoba coronavirus winnipeg Coronavirus

James Arthur’s weight rises to 238 pounds during lockdown

James Arthur is determined to shed some weight after hitting 238 pounds (108 kilograms) during lockdown.

James Arthur Britain The X Factor The Sun

Watch Comedian Vincent Marcus Rap Nursery Rhymes as Eminem, Jay-Z on 'America's Got Talent'

A golden buzzer moment? Rising comedian Vincent Marcus took to the stage of America's Got Talent on Tuesday night's premiere (May 26) to perform a spot-on series of impressions that left the crowd and judges in awe.After admitting to judge Howie Mandel that he'd never performed his impersonations in front of a live audience before, the one-time Vine star launched into a rapid-fire number of nursery rhymes as Eminem, Snoop Dogg, Jay-Z and more."The itsy-bitsy spider went up the water spout/ Down came the rain and washed the spider out/ Out came the sun and dried up all the rain/ The itsy-bitsy spider went up the spout again," he rapped as an unmistakable Marshall Mathers before performing "Paddy Cake" as Snoop and a mashup of "Mary Had a

Howie Mandel pandemic stars Coronavirus

India's GDP growth may rebound to 5% in FY22: Former RBI chief Subbarao

Rating agency Crisil on Tuesday had said the Indian economy may shrink by 5% in fiscal 2021, adding this recession could be the country's fourth since Independence and perhaps the worst to date

India city Mumbai information economy Government crisis Coronavirus

Cheryl and Liam Payne's relationship timeline: X Factor flirting to 'poo row that split them'

Cheryl and Liam Payne announced in June 2018 that they had split after two and a half years together.

Liam Payne 2020 shock malaria

Holly Willoughby - Phillip Schofield - Ruth Langsford - Eamonn Holmes - Ruth Langsford slams 'annoying' claims she's broken coronavirus lockdown rules - mirror.co.uk - Britain

Ruth Langsford slams 'annoying' claims she's broken coronavirus lockdown rules

Ruth Langsford hit back at comments from some social media users, who believed the This Morning star had broken lockdown rules amid the coronavirus outbreak in the UK and around the world.

Holly Willoughby Phillip Schofield Ruth Langsford Eamonn Holmes Britain covid-19 outbreak stars Coronavirus

manchestereveningnews.co.uk

27.05.2020 / 16:57

82%

913

How to measure your child's feet and order shoes online in lockdown

If there's one thing you can be sure of at the moment, it's that your children will probably be growing.

recommendations testing pandemic

Covid-19 deaths in South Lanarkshire drop for the fourth week in a row

Coronavirus deaths in South Lanarkshire fell by 15 per cent to 22 last week.

Scotland hospital covid-19 death Coronavirus

Stacey Solomon: Loose Women star admits Joe Swash is 'not happy' with her mid 'road trip'

While Loose Women presenter Stacey Solomon, 30 and her boyfriend Joe Swash decided to take sons Rex, Zachary, 12, and Leighton, eight, out on a "road trip", she explained why the Extra Camp star was feeling unhappy.The X Factor star told her Instagram followers how he was far from pleased by her move.Stacey, who has been documenting what her family have been getting up to in the coronavirus lockdown, shared where they went on today's outing.This morning as she spoke on her Instagram story, Stacey announced to her 3.3 million followers: "Road trip!" while showing Joe in the driving seat.She captioned her first clip: "Road trip! This is about how exciting our life gets."Stacey went on to write: "The pickles are loving the road trip - Hoe's

Stacey Solomon Joe Swash ITV EastEnders Loose Women Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Have RBI measures for faster rate cut transmission borne fruit for borrowers?

Related News