RBI panel suggests keeping weighted average call rate as policy target

August 7, 2025

An internal working group of the Reserve Bank of India has recommended retaining the Weighted Average Call Rate (WACR) as the main operating target for monetary policy, citing its strong correlation with other overnight rates and effectiveness in signal transmission to instruments like T-bills, CPs, and bonds.

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Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?

Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.

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Hindustan Copper OFS opens for retail investors today. Should you apply in the metals major’s offer?

The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can participate between 9.15

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