MUMBAI Jan 4 The Reserve Bank of India bought 79.12 billion rupees ($1.44 billion) of bonds on Dec. 24 through outright open market operations, it said in a release on Friday.
However, there was no clarity on secondary market purchases by RBI in the week ended Dec. 28 in the release, which was in a new format.
($1= 55.1 rupees) (Reporting by Neha Dasgupta)
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Next year, Dr. Ketan Desai is slated to head the World Medical Association (WMA), guardian of the Hippocratic Oath. The WMA is standing by him, even as he battles conspiracy allegations in two Indian courts. Desai has been facing allegations that he conspired in 2009 to have the Medical Council recommend that a private medical college be allowed to add more students. Full article