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Wednesday 30 Apr, 2025 03:01 PM

Greaves Cotton sizzles on reporting multi-fold jump in Q4 PAT Blue Jet Healthcare jumps after broker initiates 'buy' rating Go Fashion soars after recording PAT of nearly Rs 20 crore in Q4; EBO count rises to 776 stores Nakoda Group of Industries Ltd Partly Paidup leads losers in 'B' group Welspun Specialty drops after Q4 PAT slumps 91% YoY to Rs 3 cr Volumes jump at R R Kabel Ltd counter Mahindra Holidays adds new resorts in Andhra Pradesh, Abu Dhabi & Vietnam Dixon Tech inks JV pact with Inventec Corp for manufacturing PC products in India Realty stocks climb ahead of major Q4 results, Akshaya Tritiya boost Industrials shares fall Shriram Finance Ltd slips for fifth straight session Alembic Pharma gains after receiving EIR from USFDA for Panelav facility Tube Investments of India Ltd spurts 3.74%, up for third straight session Varun Beverages Q1 PAT climbs 35% YoY to Rs 726 cr Atishay hits the floor after Q4 PAT slides 6% YoY to Rs 2 cr

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News on Indian Economy and Sectors, which have impacts in the market.

RBI Forex swap worth USD 10 billion sees strong demand

25-Mar-25 11:04 Hrs IST

The Reserve Bank of India on Monday conducted US dollar-rupee swap worth USD 10 billion for injecting long-term liquidity in the system, with the auction eliciting strong demand. The dollar/rupee buy-sell swap auction to boost rupee liquidity was oversubscribed by a little over two times, with the cutoff rate set at Rs 5.86. The USD/INR Buy/Sell swap auction for a tenor of 3 years was oversubscribed 2.23 times. The swap is part of series of measures that the RBI has taken to ease a liquidity crunch in the banking system. The first leg settlement will take place on March 26 and the second on March 27, the RBI said.

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