The government will buy back securities worth ₹25,000 crore. Reserve Bank of India made the announcement on Friday. This is the third buyback this financial year. The auction will be on July 17 for bonds maturing in April 2026. Buybacks help manage fiscal deficit. It also infuses liquidity into the system. Previous auctions in June saw strong demand.
Cabinet approves India-Oman trade pact; may be signed during PM’s Oman visit on Dec 17-18
India and Oman are set to sign a free trade agreement. The pact will be signed during Prime Minister Narendra Modi’s visit to Oman from