S Arabia condemns Quran burning in Sweden

Saudi Arabia has strongly condemned the burning of a copy of the Islamic holy book of the Quran in the Swedish city of Malmo, a move which the kingdom says was carried out with “the knowledge of the local authorities”.

‘RBI should hold repo rate’

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to retain the repo rate at the current level though a reduction in the rate in the near future is preferable, said officials in the real estate and financial services sectors.