RBI to conduct Rs 1.25 lakh-crore VRRR
Synopsis Reserve Bank of India will conduct a variable rate reverse repo operation on Friday. The aim is to absorb ₹1.25 lakh crore from the market. This follows a recent injection of ₹50,000 crore into the banking system through a two-day variable rate repo. An overnight VRR operation was also conducted on Thursday. RBIVRRRbankingfundsrepo rate Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share
Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained
Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms
Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips
L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first?
Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more
SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders
API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading
Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains
Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains
NEXT STORY
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
5 minutes ago
- The Hindu
Minister Duraimurugan flags off AC buses in Vellore
Minister for Water Resources Duraimurugan on Saturday flagged off seven new AC buses to big cities and towns including Chennai, Bengaluru, Hosur and Tiruchi at a cost of Rs 3.43 crore at a function in new bus terminus here on Saturday. Officials of The Tamil Nadu State Transport Corporation (TNSTC), which will operate the buses on these new routes, said that a total of 105 new buses including 63 mofussil buses and 27 town buses are being operated from Vellore since 2021. Buses are operated in seven new routes and 23 places, where buses were temporarily halted earlier.'Additional AC buses to cities will help engineering and medical students, who study in Chennai and Bengaluru, to travel easily as Mondays always witness huge crowds at the bus terminus in Vellore,' said K. Suganth, a commuter. As per plan, TNSTC officials said that of the total seven buses, two buses will be operated between Vellore and Chennai, four buses between Bengaluru and Vellore and one bus to Tiruchi every day. On the occasion, Collector V. R. Subbulaxmi and A. Ganapathy, general manager, TNSTC (Vellore), were present.
India.com
5 minutes ago
- India.com
Bad news for NASA employees as Trump administration forced 3870 workers to...
New Delhi: Washington: 3,870 employees will lose their jobs from the US space agency National Aeronautics and Space Administration (NASA). These employees are going to resign under the Voluntary Resignation Program. Why did these employees resign? US President Donald Trump's administration has launched a programme to reduce the number of employees to cut the budget. Under this, employees have been asked to resign on their own instead of being fired from NASA. To comply with the Trump administration's goal of reducing the federal workforce, space agency NASA officials are taking the path of resignation to avoid layoffs. NASA is world's most prominent space agency. What did NASA say about resignations? At present, 3,870 employees have resigned from NASA. However, NASA has said in its statement on Friday, July 25, that this number may change after reviewing the applications. NASA has given employees two separate opportunities to leave the job in 2025. After both resignation programmes and about 500 people leaving their jobs in general, NASA will be left with about 14,000 employees. This is the second round of resignations The first round of resignations at NASA came in the early part of the Trump administration. This effort was driven by the government efficiency department DOGE led by Elon Musk. NASA launched its second round of deferred resignations in early June, giving a chance to join it till July 25. The agency said that 3,000 employees accepted it, which is 16.4 percent of the total workforce. NASA issues statement NASA has said in its statement that safety is our top priority. Along with becoming a more efficient organization, we are also ensuring that our capabilities for missions like Moon and Mars remain fully intact. However, experts believe that such a huge reduction in the number of employees may harm NASA's future missions and technical expertise.
Time of India
20 minutes ago
- Time of India
Gandhi Bazaar's Rs 22-crore parking facility awaits inauguration in Bengaluru
Bengaluru: The long-awaited multi-level car parking facility at Gandhi Bazaar in Chickpet is now complete and ready for public use. Constructed under the Bengaluru Smart City initiative at a cost of Rs 22 crore, the facility includes retail and parking infrastructure to ease congestion in one of the city's busiest commercial areas. BBMP chief commissioner Maheshwar Rao directed officials to expedite the opening of the facility. "We must now finalise a date for the deputy chief minister DK Shivakumar to inaugurate the facility and open it to public at the earliest," said Rao, who was overseeing inspections across the south zone. The four-storey structure includes 50 commercial shops on the basement and ground floor and dedicated parking for 124 vehicles across the upper four levels, with each floor accommodating 31 cars. The facility is equipped with a lift, six toilets, staircases, and a tensile roof canopy on the terrace. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru As part of his visit, Rao also inspected recent upgrades along Gandhi Bazaar main road, including granite cobblestones at the entrance and circle, bollards on pedestrian paths, and newly white-topped roads. He expressed appreciation for the integrated development of pedestrian and road infrastructure, adding it would complement the new parking facility and improve overall traffic and pedestrian flow in the area. "BBMP plans to ensure that the commercial units within the building are allocated systematically and the parking system is operated in a smart, transparent manner," said a senior BBMP official.
