Overnight indexed swap (OIS) rates, the principal tool for hedging interest rate risk in India, have climbed sharply since the RBI’s last policy in June and now suggest that the central bank would only lower the repo rate in August of next year as against the earlier pricing that pointed towards policy easing at the beginning of the next fiscal year.
Adani Green insider trading: Sebi ends case against Pranav Adani without any direction or penalty
Sebi has dropped insider trading charges against Pranav Adani and two others, ruling their Adani Green trades occurred after news of the SB Energy acquisition