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On Thursday, RBI injected more than 1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of 9,666 crore. The RBI will conduct a similar VRR auction on Friday for 2 lakh crore, along with a 14- day auction for 1.75 lakh crore, maturing on February 7.
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Angel One, the third-largest broker by client base, posted a 17% quarter-on-quarter (QoQ) decline in revenues for the December quarter. Its net profit plunged 34%, falling from 423 crore in September to 281 crore in December.
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Engineers are working on systems that can turn lunar regolith into useful elements like oxygen.
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