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.
Bajaj Auto shares rise 3% after August sales jump 28% YoY
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the