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RBI cuts repo rate: Home loans won't be cheap

After the 25bps cut in the lending rate by the central bank, the cost of funds for the banking system is expected to come down further. The home loan borrowers should, therefore, get the advantage of lower EMIs. Aug 2, 2017
Tillerson comfortable working with Trump: We have a good relationship

Tillerson comfortable working with Trump: We have a good relationship

US Secretary of State Rex Tillerson has put an end to speculation that he is frustrated in his job and that he wants to quit. Despite not being on the same page with President Donald Trump on North Korea and Iran, Tillerson said he is comfortable in his job and that he shares a good relationship with the commander-in-chief. Speaking to reporters at a nearly hour-long news conference in Washington, DC, on Tuesday (1 August), Tillerson said he and Trump have policy disagreements on things like JCPOA (Joint Comprehensive Plan of Action), notably over the Iran nuclear deal. Aug 2, 2017