Variable Rate Reverse Repo (VRRR): The Reserve Bank of India (RBI) conducted a ₹1 lakh crore 7-day Variable Rate Reverse Repo (VRRR) auction to manage surplus liquidity, which had peaked at ₹3.75 lakh crore. The Variable Rate Reverse Repo (VRRR) is a monetary policy tool used by the RBI to absorb excess liquidity from the […]
Tag: 5th Jul 2025
WHO 3 by 35 Initiative
WHO 3 by 35 Initiative: The World Health Organization (WHO) has launched the 3 by 35 Initiative, aiming to reduce harmful product consumption and generate sustainable public revenue through targeted health taxes.A global initiative to increase the real prices of tobacco, alcohol, and sugary drinks by at least 50% by 2035 through higher taxes. Launched […]
