Waheeda Thunder Thigh Show

Unbeaten Juventus edge closer to league triumph

Unbeaten through 34 rounds, Juventus have matched AC Milan's Serie A record set in 1991-92 under Fabio Capello, when the Rossoneri went undefeated the entire season, which then lasted only 34 rounds.

No Serie A club has ever gone undefeated in a 38-round season. Juventus are also on a seven-match winning streak.

However, it didn't look like the Turin squad was going to win on Wednesday until the 79th minute, when Marco Borriello scored his first goal since transferring from Roma in January. Actually, Borriello hadn't scored since the end of last season, having been cast aside by new Roma manager Luis Enrique at the start of this campaign.

"He arrived with a lot of bad baggage but he remained humble and fought his way up in the group," Conte said of Borriello, who scored 11 goals for Roma last season. "He never gave up, he worked hard in silence with great dedication and now I hope this goal gets him the affection he deserves."

"It moved us a big step toward our dream. Marco is giving his soul for Juve and these are the type of men I'll defend with a sword, against anyone and everyone."

Novara, Juve's next opponents, are coming off a win over third-placed Lazio.

"We've still got four finals," Conte said. "In Novara we're going to find more difficulty. ... Anyhow, Juve have become competitive again, with key fundamentals. For years we sat at the banquets of others, but now we're hungry and we want to eat."

Juve's last two titles, in 2005 and 2006, were stripped in the match-fixing scandal. The last title they retain came in 2003.

Ameesha Yadav B(.)(.)B Show

EMIs set to fall as RBI cuts repo rates by 50 basis points

The Reserve Bank of India (RBI) on Tuesday cut the repo rate by 50 basis points from 8.5 per cent to 8.0 per cent but did not touch the cash reserve ratio, which remains at 4.75 per cent. The cut in the repo rate is an indication that banks could reduce the interest rates on home and car loans.

Tuesday's rate cut announced by the RBI in its annual monetary policy for 2012-13 is the first one in the last three years. The reverse repo rate under the liquidity adjustment facility, determined with a spread of 100 basis points below the repo rate, stands automatically adjusted to 7.0 per cent.

In another good news for the consumers, the RBI has abolished the pre-payment penalty on home. Accepting the Damodaran Committee recommendations to abolish foreclosure charges levied by banks on prepayment of home loans, the RBI has instructed permit banks to not levy foreclosure charges/pre-payment penalties on home loans on a floating interest rate basis.

While announcing the credit policy RBI Governor D Subbarao said that the liquidity conditions were moving towards RBI's comfort zone and added that there was a need to increase fuel prices for macro economic stability.

After hiking policy rates for 13 consecutive times between March 2010 and October 2011, the regulator took a pause to support India’s falling growth momentum. On April 21, 2009; the apex bank had last reduced its key policy rates by 25 basis points. But, it cut the CRR by 125 bps so far in 2012 to ease the tight liquidity situation.

The latest rate cut move came in line with market expectation. Many felt, RBI would give equal importance to growth after a series of rate cuts to stem the rising rate of inflation. Consequently, the rate of inflation eased to 6.9 per cent in March from 10 per cent during the fiscal year. The average inflation rate in India was 7.99 per cent between 1969 and 2010.