RBI moves to inject over $23 bn of liquidity into banking system

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RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure The RBI has bought 3 trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record high of 5.7 trillion rupees   The…

India-Pak tensions: Defence stocks in focus ahead of Delhi meet

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Defence stocks in focus: Kalyani Group manufactures artillery systems, protected vehicles, armoured vehicles upgrade, Ammunition, missiles and air defense solutions and defense electronics.    Defence stocks such as Bharat Forge, Hindustan Aeronautics Ltd and Bharat Dynamics Ltd would be in focus on Friday morning after the Modi government reportedly asked defence makers for a meeting as…