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The banking regulator, on January 23, asked SBM Bank (India) to stop with immediate effect all transactions under the Liberalised Remittance Scheme (LRS) till further orders. "The bank has since initiated corrective actions and made submission for relaxation of the restrictions," the RBI said.

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But investors are also bearish on the U.S. economy and see the Fed as having to cut rates back to 4.48% by December. This is despite Fed officials stressing they will need to keep rates in restrictive territory for a period of time in order to bring down inflation

The shareholders said Musk saved more than $200 million by adding to his holdings - while quietly meeting with Twitter executives about his plans for the social media company - before finally revealing a 9.2% stake, cheating stock sellers and options traders out of the "true value" of their securities

Gross bookings grew 64.4% YoY to $1.74 billion

Revenue from operations grew 7.4% on year to Rs 10,746.40 crore

The Dow Jones Industrial Average rose 86.47 points, or 0.26%, at the open to 33,803.56

IHCL reached a milestone of over 250 hotels and is in line with its vision of being a 300 hotel portfolio by 2025. In this financial year alone, 30 plus hotels have been added to the pipeline and 14 hotels have opened besides strong growth in ama Stays & Trails with 108 homestays and Qmin with over 25 outlets," he said.

Revenue from operations during the quarter rose 14% to Rs 11,240 crore against Rs 9,863 crore in the corresponding quarter of the previous year.

This is the fifth consecutive quarter of good performance, and we expect to maintain the growth momentum in the coming quarters as well," Blue Star Ltd Vice Chairman & Managing Director Vir S Advani said.Revenue from the electro-mechanical projects and commercial air conditioning systems segment grew by 20.51 per cent to Rs 1,000.09 crore in the third quarter of FY23 compared to Rs 829.85 crore in FY22, the company said.