RBI gets twice the bids for Rs 50,000-crore OMO

March 13, 2025

The discount in the auction on Wednesday was 30 paise, while the previous OMO auctions have seen discounts of 40-50 paise. The next OMO purchase is scheduled for March 18, where the liquidity deficit is expected to widen after quarterly advance tax-related outflows.

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Rupee ends at 87.01 vs US dollar, gains 20p from previous close

India’s rupee strengthened by 20 paise against the US dollar, closing at 87.01 following positive retail inflation data. February’s CPI reduced to 3.61% from January’s

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19,826 km roads constructed so far under Bharatmala: Nitin Gadkari

Union Minister Nitin Gadkari informed that 26,425 km of Bharatmala projects have been awarded, with 19,826 km constructed. High-speed corridors are enhancing logistics and travel

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