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Already in the line of fire was Volkswagen AG, the second largest carmaker after Toyota for cheating emissions through software that was part of around 11 million diesel cars, including other badges like  Audi, Porsche, Skoda and Seat and VW brand itself.

 
 
In the last 15 months, the  RBI has reduced the rates by 125 basis points. Here are some reasons why RBI governor Raghuram Rajan may reduce the rates further.
Well, that is what one would tend to believe if the so called "private" assurance, allegedly given by Narendra Modi government to the industry, is true.
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