Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market operations (OMO) purchases, both planned and unplanned, along with foreign exchange swaps, as the RBI’s forward book is heavy with large near-term maturity, economists said.
India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura
India is considering reducing tariffs on more than 30 items and increasing purchases of US defence and energy products to avoid higher reciprocal tariffs from
February 11, 2025