Reserve Bank to buy $250m RIB tranche today
The Reserve Bank of India will strike the first off-market deal with the State Bank of India on Friday to buy $250 million, the first

RBI mops up Rs 1,191 cr via on-tap sale, wraps up sale
The Reserve Bank of India (RBI) on Thursday closed the on-tap sale of 12.40 per cent government stock after mopping up Rs 1,191.91 crore. With this, the RBI has raised Rs 56,590.63 crore out of a gross borrowing target of Rs 79,000 crore.

SEBI adjourns hearing in Sri Vishnu case
The Securities and Exchange Board of India (SEBI) has adjourned till September 1, the hearing on the validity of the transfer of Sri Vishnu Cement from Raasi Cement to nine independent investment companies in December 1997. The next hearing will provide an opportunity to the complainants, that is India Cements and a few individuals, to furnish their counter argument to BV Raju's rejoinder to the allegations.

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  Market Round-Up
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  Market Briefing
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  Outlook bullish for United Phosphorus
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  Commodity Briefing