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However, after passing the bill, the upper House adjourned for the day due to uproar created by the Opposition parties.
Vardah resulted in continuous wind speeds ranging from 90 kmph to 120 kmph in Tamil Nadu and Andhra Pradesh.
The RBI has been planning to introduce plastic currency for many years in the country after a field trial.
The Finance Minister Arun Jaitley yesterday revealed a slew of measures to boost digital transactions and to lower the use of cash in country.
In the first meeting in October, RBI cut the repo rate. That is the short-term lending rate.