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Data from the U.S. Energy Information Administration (EIA) showed on Thursday that distillate inventories, which include diesel and heating oil, dropped more than expected in the week to Dec. 30. They fell 1.4 million versus expectations of a 396,000-barrel drop.

The U.S. currency remained elevated versus major peers on Friday. The dollar index, which measures the greenback against six counterparts including the euro and yen, was trading little changed at 105.11 after jumping 0.91% overnight and touching 105.27 for the first time since Dec. 8.

Samsung had said in October that it did not expect much change to its 2023 investments. Analysts said that Samsung has a history of not announcing production cuts in memory chips, but could organically adjust investment by delaying bringing in equipment or through other ways.

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Airtel, Paytm and Jio, have officially communicated their position to the Ministry of Electronics and Information Technology through a submission routed through IAMAI, accessed by ET.

Asset quality improves at small finance banks, NBFCs

Updated at : 2023-01-06 07:25:03

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"Collection efficiency maintained at 99% plus, with restructured and NPA books showing healthy collections. The bank continues to focus on stressed buckets and reducing incremental overdues," Ujjivan said in a regulatory filing to stock exchanges. Suryoday said it sold a pool of stressed assets amounting to Rs 492 crore for Rs 135 crore in December. Out of this, Rs 64 crore was technically written off accounts and the balance are NPAs.

This is the second time Securities and Exchange Board of India (Sebi) has extended the deadline to comply with the rules

The stunning collapse of Sam Bankman-Fried’s FTX crypto empire, followed by his arrest in the Bahamas and extradition to the US last month, is rippling through parts of the banking industry

Marico said that during the quarter, the FMCG sector witnessed some improvement in demand, which was more visible in specific categories buoyed by the festive fervour and oncoming winter season.

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"Sundararaman Ramamurthy has assumed charge as Managing Director and Chief Executive Officer of BSE," the exchange said in a release on Wednesday.

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The Dow Jones Industrial Average fell 78.05 points, or 0.23%, at the open to 33,191.72

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