The Reserve Bank of India (RBI), following its decision to keep the repo rate at 5.25%, said it will continue to be proactive in managing liquidity to ensure effective transmission of monetary policy. RBI Governor Sanjay Malhotra said liquidity operations will be pre-emptive, calibrated to address potential imbalances arising from currency interventions, government cash balances […]
Equity benchmarks extended their winning streak for the third week in a row, hitting new record highs on improved global risk appetite and supportive domestic signals. After some initial profit-taking at the start of the week, a sharp recovery mid-week provided renewed bullish momentum, followed by a phase of healthy consolidation. Towards the end of […]