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Status quo News

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The Supreme Court on Wednesday ordered status quo in Arunachal Pradesh till it peruses records pertaining to disqualification of 14 rebel Congress MLAs by the Speaker.
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Union Cabinet today recommended revocation of President's rule in Arunachal Pradesh after SC refused to stop the new government from taking over the state.
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Reserve Bank Governor Raghuram Rajan turned down the advise of majority of external members of the monetary policy advisory committee to cut interest rate and decided to maintain the status quo in September 30 policy.
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For the current fiscal, the bank has not taken a decision on how much to raise, she said on the sidelines of an event organised by Nabard here.






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