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Bitcoin’s struggles have shined a spotlight on so-called altcoins like Cardano, Avalanche and Solana, which have outperformed it recently.

Elevated crude oil prices put pressure on India’s trade deficit as the country imports more than 80 per cent of its oil requirements.

Titan Company, where Rakesh and Rekha Jhunjhunwala held a 5.1 per cent stake as of December 31, has fallen 3 per cent so far this month.

Traders were waiting for a European Central Bank meeting later in the day, to see if it was as hawkish as others have been.

In a media interaction on Wednesday, Andrade, chief investment officer of Old Bridge Capital Management, said equities may not take a big hit as central banks prepare to increase the interest rate to combat inflation.

"For life insurers, APE (annual premium equivalent) growth may be moderate with modest VNB (value of new business) margin unlike the third quarter, which witnessed stable margins for insurance companies.

Hans Timmer, World Bank Chief Economist for the South Asia Region, in an interview to PTI also emphasised that in the long-term, India needs to really work hard to reduce its dependence on fossil fuel, shift towards renewable energy and increase the participation of women in the workforce, which at present is quite low at 20 per cent.

In another transaction, SBI Mutual Fund bought 33 lakh shares of Mrs Bectors Food at Rs 303 per share. Shares were sold by GW Crown Pte among others.

​​ The case pertains to Unisys giving financial assistance to preferential allottees and enabling those allottees to subscribe to and buy its own shares allotted to them on a preferential basis in March 2011.

The firm’s revenue rose by 49 per cent to Rs 115 crore in the quarter under review compared to Rs 77 crore in the year-ago period.