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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The Supreme Court told tobacco companies on Wednesday they must adhere to a new federal rule requiring much larger health warnings on cigarette packs, in a major setback for the $11 billion industry that opposes the new policy. Full Article