d view the breaking news aired everyday, more so in the current economic recession period. Myself an avid blogger, always glued to the Internet during free time, also watching the television for breaking news, I post articles in blog forums on issue related to money market.
I keep browsing through the business news displayed so that I keep myself updated on the money market. I have invested near to a lakh in this current upward market after the great recession, for I believe the sensex will go up now. I am very happy that the government is coming up with innovative measures to fight the recession. Reducing overall cost of funds and making credit available to industries that need a financial boost is the matter that is taken into consideration by the RBI. This is the breaking news! As per the latest news aired, the RBI is all set to cut repo rate and reverse repo rate respectively by 100 bps to 6.5% and 5.0%.