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.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants