financial conditions

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    OMO Auction Announced: RBI to Buy Securities on March 9 & 13

    Mumbai, March 6 The Reserve Bank of India (RBI) on Friday said it will conduct an open market operation (OMO) of Rs 1 lakh crore, purchasing government securities in two tranches on March 9 and March 13.Each tranche of the auction will involve Rs 50,000 crore, it said.The OMO purchase...
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    India's Growing GDP: IMF Forecasts 17% Contribution by 2026

    New Delhi, March 6 – India is expected to contribute as much as 17 per cent to global real GDP growth in 2026, as it continues to be the world's fastest-growing major economy, according to the latest data compiled by the IMF.Among the other countries in the IMF's top 10 list, the USA is...
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