29 September 2015

India's central bank cuts key lending rate to 6.75 percent

An Indian roadside vendor sits between trucks to sell fruits at a wholesale market in Bangalore, India, Tuesday, Sept. 29, 2015. India's central bank on Tuesday cut its key interest rate by half a percentage point, aiming to spur economic growth as inflation cooled to the lowest since November.
India's central bank on Tuesday cut its key interest rate by half a percentage point, aiming to spur economic growth as inflation cooled to the lowest since November.
The reduction in the repo rate to 6.75 percent was the fourth rate cut this year.

Life on Mars? NASA says planet appears to have flowing water

This undated photo provided by NASA and taken by an instrument aboard the agency's Mars Reconnaissance Orbiter shows dark, narrow, 100 meter-long streaks on the surface of Mars that scientists believe were caused by flowing streams of salty water. Researchers said Monday, Sept. 28, 2015, that the latest observations strongly support the longtime theory that salt water in liquid form flows down certain Martian slopes each summer.
Mars appears to have flowing rivulets of water, at least in the summer, scientists reported Monday in a finding that boosts the odds of life on the red planet.

"Mars is not the dry, arid planet that we thought of in the past," said Jim Green, director of planetary science for NASA.