India Votes 2024: Soaring Vegetable Prices Add Spice To Lok Sabha Polls
High vegetable prices are expected to keep food inflation firm in the months to come.
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High vegetable prices are expected to keep food inflation firm in the months to come.
The central bank is also due to pay the government the annual dividend in May, which will further improve the government's cash position.
India will buy back 400 billion rupees ($4.80 billion) worth of securities, the country's central bank said on Friday. The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, the Reserve Bank of India said in a statement. "The choice of securities suggests this buyback is a liquidity redistribution exercise by the government as they have clear visibility on their shorter-term funds," said Vivek Kumar, economist at QuantEco Research.
India Business News: BENGALURU: RBI will buy back Rs 40,000 crore ($4.
The RBI's interventions eased significantly earlier this year, with the RBI buying $8.5 billion in February and not making any sales, its latest monthly bulletin showed.