The Reserve Bank of India announced it will purchase Rs 1.25 lakh crore government bonds in open market operations (OMO) in four tranches spread across May, the calendar likely aimed to drive down yields before the new 10-year auction is scheduled on Friday, treasury experts said.
Oil disruption fears and war rhetoric keeping markets on edge: Santosh Rao
Global markets are on edge due to ongoing geopolitical tensions. Investors face uncertainty about equities and the global economy. Sharp market swings are occurring as