The Reserve Bank of India will drain Rs 1 lakh crore through bond sales this month after VRRR auctions failed to absorb excess liquidity. The move follows dollar inflows, with Governor Sanjay Malhotra signalling multiple tools to manage surplus funds.
Wall Street Week Ahead-Investors brace for possible rate hike at uncertain Fed meeting
As the Federal Reserve’s interest rate decision looms next week, investors are on edge, aware that this could disrupt the ongoing stock market rally alongside