1. Reserve Bank of India Governor Raghuram Rajan kept the repo rate unchanged in Bi‐Monthly Monetary Policy on 1st April since retail inflation still remains 'sticky', but introduced steps to increase liquidity and contain volatility in the money market.
i. Bank Rate – 9 % (Unchanged)
ii. Cash Reserve Ratio – 4 % (Unchanged)
iii. Statutory Liquidity Ratio – 23 % (Unchanged)
iv. Repo Rate – 8 % (Unchanged)
v. Reverse Repo Rate – 7 % (Unchanged)
vi. Marginal Standing Rate – 9 % (Unchanged)
2. The 15th International Indian Film Academy (IIFA) Awards 2014 was held in Tampa Bay, US from 23 April to 26 April 2014.
i. Best Picture ‐ Rakeysh Omprakash Mehra‐ Bhaag Milkha Bhaag