The Reserve Bank of India is injecting Rs 2.90 lakh crore into the banking system. This will be done through bond purchases and a dollar-rupee swap. These measures aim to ease tight cash conditions. Short-term rates have risen above the central bank’s target. The RBI’s intervention is expected to stabilize yields and improve market sentiment.
South Korea overtakes India as world’s sixth-largest stock market
South Korea’s stock market has now surpassed India’s, becoming the world’s sixth largest. This significant shift is largely due to the booming performance of its
June 2, 2026