Mumbai News LIVE Updates: Was not invited for Fadnavis` swearing-in, but good wishes to my friend, says Patole

Mumbai News LIVE Updates: RBI keeps interest rates unchanged, cuts CRR as economy slows
The Reserve Bank of India on Friday kept its key interest rate unchanged but cut the cash reserve ratio that banks are required to park with the central bank, as it did a balancing act between inflation management and supporting economic growth. With India`s GDP seeing a sharper-than-anticipated dip in the July-September period to 5.4 per cent -- its slowest pace in seven quarters, inflation on the uptick and rupee under pressure, the RBI had few choices to make.

Mumbai News LIVE Updates: Rupee rises 5 paise to settle at 84.66 against US dollar
The rupee appreciated by 5 paise to settle at 84.66 against US dollar on Friday, as the Reserve Bank of India left repo rate unchanged at 6.5 per cent in its monetary policy decision. The Reserve Bank of India on Friday kept its key interest rate unchanged citing inflation risks, but cut the Cash Reserve Ratio that banks are required to park with the central bank, boosting money with lenders to support a slowing economy.

Mumbai News LIVE Updates: Fadnavis credits `ek hai toh safe hai`, Ladki Bahin for mega win
Maharashtra Chief Minister Devendra Fadnavis has credited PM Narendra Modi`s `ek hai toh safe hai` (together, we are safe) slogan and schemes like the Ladki Bahin Yojana, for the massive mandate the BJP-led Mahayuti alliance got in the assembly elections.

Mumbai News LIVE Updates: Former Maharashtra minister Madhukar Pichad passes away
Former Maharashtra minister Madhukar Pichad (84) passed away on Friday at a hospital in Nashik following a brief illness. He was hospitalised a month ago after suffering a brain stroke, senior NCP leader and his former colleague Chhagan Bhujbal told PTI.