Continuing its hawkish monetary stance to curb high inflation, the Reserve Bank of India (RBI) on Thursday hiked short-term lending rates by 25 basis points, the tenth time it has raised interest rates since March 2010.

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at Rs 44.90 and the euro at Rs 63.39, as against Rs 44.68 per dollar and Rs 64.29 per euro on Wednesday.

A benchmark index for Indian equities markets on Thursday closed 137 points lower as traders reacted negatively to the interest rate hike by the Reserve Bank of India — the tenth interest rate hike since March 2010.

A benchmark index for Indian equities markets on Wednesday closed 180 points lower a day before an imminent rate hike by the country’s Central Bank.

Journalists in Maharashtra on Wednesday took part in relay hunger strikes to denounce the government’s refusal to hand over the probe into journalist Jyotirmoy Dey’s murder to the CBI.

Four days after the murder of Mid Day journalist J. Dey, the police have detained three persons, believed to be members of Chhota Shakeel gang, in connection with the killing. “Three people have been detained. We are probing their role (in the case).

Jyotirmoy Dey was the third journalist in India to be killed in the past six months, a media watchdog said on Tuesday.

A benchmark index for Indian equities markets closed on Tuesday with marginal gains on a range bound trading day.

After his abrupt transfer, a senior police officer, who could be questioned in the killing of investigative journalist Jyotirmoy Dey, on Tuesday said he had nothing to do with the murder and that allegations against him were “absurd”.

The first heavy rainfall in the city on Saturday nearly paralysed all services as waterlogging caused traffic snarls and delayed trains and flights.