The Reserve Bank of India (RBI) has announced that it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities worth Rs 1,00,000 crore in two tranches to manage liquidity and financial conditions.
"Sonai ghee manufactured by Indapur Dairy was supplied to Tirumala Tirupati Devasthanam at Rs 658 per Kg. However, available invoices indicate that the same product was sold in the open market at around Rs 560 per litre. The people of the state deserve a clear explanation as to why TTD pa
Vegetable, fruit and essential food prices have risen in Lahore's open markets for a third straight day during Ramazan. Shoppers are turning to subsidised Ramazan Sahulat Bazaars for cheaper options. Authorities conducted inspections and imposed fines, yet inflation persists, with the Sensit
The Reserve Bank of India (RBI) may now have to conduct more Open Market Operations (OMOs) to keep bond prices in check and manage liquidity conditions effectively, highlighted a report by State Bank of India (SBI).
The Reserve Bank of India is expected to inject liquidity of around Rs 1.5 lakh crore to Rs 2.5 lakh crore during the first quarter (January-March) of calendar year 2026 through open market operations (OMOs), according to a report by HSBC Asset Management.
The Reserve Bank of India on Thursday released the results of its Open Market Operation (OMO) purchase auction of Government of India securities, aggregating to a notified amount of Rs 50,000 crore, and also announced plans to conduct an underwriting auction for a separate G-Sec sale on Dece
"The accompanying liquidity-enhancing measures, including open market purchases and forex swaps, underscore the growth-supportive nature of this policy decision. The repo rate cut is expected to support growth next fiscal, as monetary policy typically has a lagged effect."
Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
The U.S. Federal Reserve's decision to cut the policy rate by 25 basis points in its latest Federal Open Market Committee (FOMC) meeting has slightly reduced the odds of another rate cut in December, according to a report by ICICI Bank.