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Staking involves earning rewards by locking up Ether coins to help secure the Ethereum network. Crypto protocols like Lido offer liquid avatars of these locked up tokens for easier and more flexible access to staking rewards.

India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19, denting the market share of banks and refiners, government and industry officials told Reuters.

Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, also down 0.5%, to $81.24 a barrel.

"Public sector banks have seen a sharp re-rating as the asset quality environment improved, they were helped by better liquidity and falling credit costs; however, we think the asset quality cycle basis re-rating is largely done in the sector and the focus will now shift back to the ability of individual banks to grow faster than system and deliver better or higher ROEs," said Pranav Gundlapalle, head, India financials, Bernstein.

“Refining business has always been the blue chip part of RIL and it has been the driver for the other two”

The company’s EBITDA grew 10.75% on-year and 10.73% sequentially to Rs 193 crore, while EBITDA margin climbed to 17.8%, from 14.88% in the previous quarter

The company plans to use the proceeds from the fresh issue to repay outstanding loans availed by it and its subsidiary Avalon Technology and Services Pvt Ltd, and also to meet working capital requirements

The Dow Jones Industrial Average rose 64.07 points, or 0.19%, at the open to 33,439.56

The numbers are likely to drop on a sequential basis due to lower sales volume and higher expenses incurred on account of advertising and promotion

Operating profit more than doubled to Rs 123 crore. Net interest income rose 38% at Rs 233 crore