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RBI OMO purchase:The RBIs second open market operation (OMO) in FY26 attracted bids worth 70,144 croreover three times the 20,000 crore on offerindicating robust demand as traders sought profit amid higher bond prices. Liquidity infusion may continue through FY26.
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Interest rates are forecast to fall further as Donald Trump's trade taxes fuel economic uncertainty.
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About 1,000 staff will be offered the choice to work for any new owner or take voluntary redundancy.
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