Though the central bank is expected to maintain status quo on rates, it is projected to continue mopping surplus cash now at over Rs 8.50 lakh crore...

International crude oil prices have continued to remain firm after Opec and its allies stuck to their plans of a gradual increase in production....

In the same period, government issued dated securities worth ₹ 3.46 crore and the repayment stood at ₹ 1.05 crore...

The Centre will borrow Rs 5.03 lakh crore (trillion) from October-March 2022 which is lower than the Rs 5.25-5.50 lakh crore forecast by some in the bond markets...

The final closure for the five-year perpetual bond sale is yet to happen and will be announced later; the issue has attracted overwhelming response...

The liquidity in the banking system and funds with the government has risen to Rs 10 lakh crore...

The move is part of the third tranche of the G-Sec Acquisition Programme (G-SAP 1.0), under which it bought Rs 40,000 crore on Thursday...

The observation comes after the RBI kept key policy rates unchanged at the second monetary policy committee meeting for the fiscal...

While the Reserve Bank is expected to reiterate its commitment towards ample liquidity in the system, traders are expecting more aggressive bond purchases...

He also suggested that the Centre spend up to 1% of India's GDP for direct cash transfer to the poor to strengthen consumption at the bottom of the pyramid...