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Fed Chair Jerome Powell on Wednesday reaffirmed his testimony before Congress from Tuesday of higher and potentially faster interest rate hikes, but emphasized that debate was still underway, with a decision hinging on data to be issued before the March meeting.

Will Federal Reserve refrain from speeding up the pace of interest rate hikes?

As of December-end, the promoter held over 20% stake in Gokaldas Exports. Aditya Birla Sun Life and Goldman Sachs were buyers of co shares today

Meanwhile, shorting in the shares of Silvergate has proved profitable for bearish investors as its shares have lost 95% of their value in the past 12 months and 72% so far this year.

In a second day in Congress on Wednesday, U.S. Federal Reserve Chair Jerome Powell reaffirmed his message for potentially faster interest rate rises, but emphasised nothing had yet been decided ahead of the March 21-22 meeting, and economic data would be a major factor.

Transaction took place at a 7% discount to the stock’s previous market close. On the contrary, Fidelity Funds, Nomura Trust and Banking Co bought the co’s shares

U.S. gasoline stocks drew by 1.1 million barrels, according to a report from the U.S. Energy Information Administration, lower than the 1.8 million estimated in a Reuters poll. Distillate inventory grew by 138,000 barrels, compared with expectations for a 1 million barrel draw

Bonus shares are fully paid additional units issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold.

​Communications, consumer cyclicals, and IT had a very bad year >> For more such web stories click on the ET icon below​

Initial claims for state unemployment benefits rose to 211,000 for week ended March 4 from 190,000 the previous week, revealed data