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“US’ 2% inflation target is not going to happen for many years. We will probably see inflation settle down around 4% which we have lived with in the past and we could come out of recession with inflation at 4%. But the problem is that what we are seeing now is the residual of the bottleneck situation that we had that was caused by the pandemic.”

The stock has given a flag pattern breakout.

Gains from Bharti Airtel, L&T and Tata Steel were offset by Reliance, ICICI Bank and TCS.

Job openings remain elevated, private payrolls beat consensus estimates and demand for home loans increased despite the ongoing upward trajectory of mortgage rates

In the second day of his testimony to Congress on Wednesday, Powell reaffirmed his hawkish message, though struck a cautious note that debate on the scale and path of future rate hikes was still underway and would be data-dependent

The market regulator said illustrations provided in the advertisements/ presentations/ brochures/ pamphlets would lead investors to believe that they will receive fixed returns on their investments.

In Adani Green Energy, 1,56,65,500 shares or 0.99% more stake has been pledged. With this, a total 2% stake is pledged with SBI Trustee. In Adani Transmission, 85,26,000 shares or 0.76% stake has been pledged. With this, a total 1.32% stake is pledged with the trustee

Those emergency measures (LTRO/TLTRO) taken during the Covid-19 pandemic were aimed at ensuring adequate liquidity in the financial system that faced major shocks due to business disruptions and strict mobility curbs imposed to prevent the spread of the virus

The latest issue will SBI diversify and raise long term capital with call option of more than 10 years, helping the bank in managing its capital adequacy effectively

Consequently, Jyotsna Kulkarni and her family members had said they would cease to be shareholders and promoters in the Kirloskar group companies