The Reserve Bank of India injected over ₹40,000 crore into the banking system through two operations, addressing a liquidity deficit that breached ₹2 lakh crore. The RBI accepted ₹30,760 crore from overnight VRR auction and ₹9,892 crore from government securities buyback. Another VRR auction of ₹50,000 crore is announced for Friday, to be reversed on Monday.
Global shares rise with dollar, US bond yields turn higher
Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and