The Reserve Bank of India is expected to increase money supply soon. This move aims to prevent short-term interest rates from rising sharply. It will also counter the effects of the RBI’s efforts to support the Rupee. Open market operations and dollar-rupee swaps are key tools. This strategy helps manage liquidity and keep borrowing costs low for banks.
Oil Price Today (March 16): Crude oil gains 1%, above $100 on Trump’s latest threat to Iran. Here’s why
Crude oil prices surged past $100 per barrel as President Trump warned Iran that its vital Kharg Island oil hub could be targeted, sparking fears