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Gallbladder cancer causes a chronic dull ache, or a dragging

Neena Gupta attended Wimbledon in a white Sanganeri saree. She

Market movements are expected to be influenced by India-US trade

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Gallbladder cancer causes a chronic dull ache, or a dragging sensation in the upper right abdominal area, instead of the typical sharp pain from gallstones. The sensation persists as a

Neena Gupta attended Wimbledon in a white Sanganeri saree. She paired it with a halter-neck blouse and sunglasses. Her look was simple and elegant. Fans loved her choice of traditional

Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Market movements are expected to be influenced by India-US trade negotiations and company earnings reports. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened

Bitcoin soared to a fresh all-time high of $116,046.44 on Thursday, driven by strong institutional demand and supportive crypto policies under US President Donald Trump’s administration.Earlier in the day, it

US President Donald Trump announced a 35 per cent tariff on Canadian imports, effective August 1. The decision was conveyed in a letter to Canadian Prime Minister Mark Carney on

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Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Market movements are expected to be influenced by India-US trade negotiations and company earnings reports. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened

US President Donald Trump announced a 35 per cent tariff on Canadian imports, effective August 1. The decision was conveyed in a letter to Canadian Prime Minister Mark Carney on

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti Space is committing 150 million euro ($176 million), in a move that arms

Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and

NEW DELHI: National Highways Authority of India (NHAI) plans to bid out 124 highways and expressway projects worth Rs 3.4 lakh crore in current financial year (2025-26). NHAI has put

Rs 9 lakh crore liquidity glut prompts record Rs 2.5 lakh crore RBI drawdown

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Rs 9 lakh crore liquidity glut prompts record Rs 2.5 lakh crore RBI drawdown

MUMBAI: RBI will conduct a record Rs 2.5-lakh-crore variable rate reverse repo (VRRR) auction on Friday as it seeks to absorb a persistent glut of liquidity in the banking system. This move follows a series of recent VRRR operations that have drained Rs 3 lakh crore, yet the money market surplus remains above Rs 3 lakh crore. By some estimates, the system is now awash with close to Rs 9 lakh crore in excess funds, drawing parallels with the quantitative easing seen in developed economies after the global financial crisis.This liquidity surge is the result of robust govt spending, including large fiscal outflows and subsidies, as well as RBI’s foreign exchange interventions, which have added rupee liquidity. At the same time, deposit growth has outpaced credit growth, leaving banks with more cash than they can profitably deploy. Recent regulatory tweaks, such as changes to the liquidity coverage ratio, have further boosted banks’ lendable resources. The VRRR auction is a key tool for RBI to mop up this surplus. Unlike the fixed-rate reverse repo, VRRR allows banks to bid competitively, helping to align overnight rates with the central bank’s policy objectives and keep them within the liquidity adjustment facility (LAF) corridor





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