Business News

RBI absorbs ₹1.41 trn surplus liquidity via VRRR, announces fresh auction

FinSiddhi

The central bank absorbed ₹1.41 trillion through seven-day and overnight VRRR auctions at 5.24 per cent, and announced a ₹1.75 trillion two-day auction for Tuesday
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

US wholesale inflation slows to 4.7% in July: What comes next for Fed, consumers

In July, wholesale prices in the United States exhibited a cooling trend, providing a much-needed breath of fresh air. The decline in energy costs significantly reduced producer price pressures throughout the month. While consumer inflation also saw a slight dip, financial constraints persist for many households. Notably, wholesale inflation excluding food and energy showed improvement…

Etsy lays off 220 employees as CEO Kruti Patel Goyal restructures product and engineering teams; says its not linked to AI or cost-cutting

Etsy is reducing its workforce by approximately 220 employees, impacting its product and engineering divisions. This restructuring aims to simplify the company’s organizational structure and support future growth initiatives. The online marketplace reported stronger-than-expected second-quarter revenue, exceeding analyst expectations. Etsy also raised its full-year forecast for gross merchandise sales, indicating positive momentum. Despite a slight…