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…
Moody’s Ratings on Monday affirmed India’s long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3 with a ‘Stable’ outlook on the back of robust economic growth and sound external position. The global rating agency also affirmed India’s other short-term local-currency rating at P-3. “The rating affirmation and stable…
The rally in the market comes at a time when trade tensions are escalating and more is expected when the reciprocal tariffs kick in on April 2. Indian benchmark indices rebounded this week with analysts suggesting that the “worst is over,” driven by foreign institutional investors returning to Indian stocks amid attractive valuations and…