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Tributes have been paid to Labour peer Lord Adam Patel of Blackburn, who died on Wednesday aged 78. Lord Patel, famously known as Lord Adam, came to Blackburn in the 1960s to study accountancy at Blackburn College after graduating from the University...

In a move that should make mortgages, auto loans and other borrowings cheaper, Reserve Bank of India cut interest rates by 25 basis points for the third time this year and hinted at more cuts by changing its policy stance from “neutral” to “accommodative”