IBTimes

The government will also conduct buybacks to manage its redemption profile and may use a greenshoe option to raise an additional Rs 2,000 crore per security. The RBI has fixed the Ways and Means Advances limit at Rs 2.50 lakh crore to address temporary cash mismatches.

Global brokerage Jefferies has removed HDFC Bank from multiple key global and Asia-focused portfolios following the resignation of its part-time chairman Atanu Chakraborty. The move comes amid governance concerns flagged after Chakraborty cited differences over values and ethics in his exit

Prices of Gold and Silver surged sharply as investors turned to safe-haven assets amid ongoing West Asia tensions and weak risk sentiment. On the Multi Commodity Exchange, gold climbed above 1.42 lakh per 10 grams, while silver jumped over 3% to near 2.28 lakh per kg

The Indian rupee opened slightly stronger against the US dollar after Donald Trump announced a temporary pause in strikes on Iran, easing immediate geopolitical concerns. However, gains remain limited as rising crude oil prices and ongoing tensions continue to pressure the currency.