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RBI fixes H2 Ways and Means Advances limit for government at Rs 50,000 cr

The Reserve Bank of India has set the WMA limit for the second half of 2026-27 at Rs 50,000 crore. This decision aims to assist the central government in managing temporary financial mismatches. Furthermore, the RBI may issue new market loans when 75 percent of this limit is utilised. The RBI retains the flexibility to adjust the WMA limit as conditions change.

RBI fixes H2 Ways and Means Advances limit for government at Rs 50,000 cr

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Oil Declines as US, Iran Said to Explore Deal to Open Hormuz

US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, similar to the memorandum of understanding struck in mid-June. Charles Gorrivan reports on Bloomberg Television. (Source: Bloomberg)

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