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Still, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through January. Barkin noted that employment and consumption remained strong in the first readings this year.

The notion that yields may be peaking also has investors preaching caution when it comes to bonds. While bets have been building in recent weeks that the Fed will ultimately need to raise rates past 5% to stamp out inflation — boosting yields across the Treasury curve — traders are pricing in an end to increases by September.

The index has witnessed a pullback rally and is likely to head higher toward the level of 42000 where stiff resistance is visible. The index in the coming week is likely to trade in the range of 40,000-42,000 and within the range, the undertone remains bullish with a buy-on-dip approach.

What is crucial here is to establish a strong hold on the current events and happenings affecting the market as being well-informed is the key. While sometimes people tend to lose themselves in dynamic market scenarios, it is essential to keep your mind mentally fit. I take it very seriously and have a set up routine that I follow to maintain the balance in my day-to-day life.

Nilekani said incidents like the “fall of cryptocurrency exchange FTX in the United States” have shown that private cryptocurrencies aren’t a big threat.

The CEO of India’s fifth-largest software services firm was addressing analysts during a meet in the city on Friday.

As part of the changes, the company will launch a new brand and name in May this year. It also plans to merge its seven subsidiaries into the housing finance company to ensure a single-minded focus on mortgages for which it will seek court approvals in the first half of next fiscal.

Union Bank of India is following an open bidding process where bidders are invited at above the reserve price, they said. Interested bidders including asset reconstruction companies have until March 8 to submit expression of interest, people cited above said.

The asset management giant and prolific real estate investor sought an extension from the bondholders to repay the debt, but they voted against it, the report said on Thursday, citing people familiar with the matter.

The largest token sank as much as 6% before paring some of the slide to trade 4.4% lower at $22,380 as of 8:30 a.m. Friday in London. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines.