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The RSI oscillator is also moving in an upward zone indicating further upside from here. One can buy at the current level and more on dips to Rs 290 levels with a stop loss of Rs 270 on a weekly closing basis.

“The good part is that investment growth is quite decent and to that extent, we should be positive about the fact that the investments are still happening even though there is a bit of sluggishness and sluggishness in consumption. However, 7% growth for FY23, may be scaled down to 6.8%.”

“When we come to CY2022, and you are basically dealing with quite a bit of base effects. So I think in that context, 4.4% on sequential terms will still leave us with a pickup rather than a contraction. Going ahead, we should be on the supply side watching for farm output and the risk thereof. We expect services to gradually pick up. Of course, everywhere that reopening boost, the pent up demand, all of that accounts continue to dissipate.”

Marathon canceled the release of fourth-quarter results Tuesday after saying there had been “accounting errors” in several quarters of its financial statements. The US Securities and Exchange Commission raised questions about how the miner recognized the impairment of digital assets and revenue.

The conglomerate may look at increasing the size if it gets good demand.

Traders have started to price in the chances of a bigger 50 basis-point rate hike in March, although the odds remain low at about 23%, according to Fed fund futures, which suggest rates peaking at 5.4% by September, up from 4.57% now.

With effect from March 1, 2023, HDFC raises its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are based, by 25 basis points.

The Adani Group, which was also widely expected to participate in the bidding process, has not submitted an EoI, the people said. Five public sector undertakings, including four promoter firms of PTC India, are planning to sell their stake in the power trading company that is hit by a controversy over alleged governance issues at its financial services subsidiary.

In December 2021, the I-T department carried out a search and seizure of 60 premises of four ARCs - Omkara ARC, Rare ARC, CFM ARC, and Invent ARC. The searches, according to the department, revealed that some ARCs adopted various unfair and fraudulent trade practices in acquiring non-performing assets (NPAs) from lender banks.

This pandemic largely affected older people. And so, you know, the countries that have lots of old people... by far the highest burden, asserted Bill Gates.