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The central bank digital currency CBDC will be as anonymous as the currency note and would have all the relevant laws applicable to currency would be applicable to the digital currency, the central bank said on Wednesday. Deputy governor T Rabi Sankar said that the regulator is looking at a technological solution to offer anonymity.

Currently, liquidity in the banking system remains in surplus with the average absorption under the liquidity adjustment facility (LAF) at Rs 1.4 lakh crore, though down from the average of Rs 2.2 lakh crore during August-September. MSF is an emergency window for banks to borrow from RBI. The MSF rate is pegged 25 basis points above the repo rate and currently is at 6.50%.

The weighted average lending rates (WALRs) on fresh and outstanding rupee loans have increased by 117 bps ( one basis point is 0.01 percent) and 63 bps, respectively, over the period May to October 2022 during which the central bank raised the benchmark policy rates by 190 basis points from 4 percent to 5.9 percent.

At the heart of the dispute is ESMA’s right to inspect, penalise and de-recognise any Central Counterparty Clearing Houses (CCPs) in systemically important countries where European banks are involved. This the RBI sees as an extraterritorial provision that violates the sovereignty of the nation.

The investment in Sunsure Energy, which has historically built solar plants for commercial and industrial users, is to help transform the company into an independent power producer which will have 3 gigawatt of operational capacity and sell power directly to commercial and industrial customers.

Cryptocurrency exchange platform WazirX last week said it had blocked over 700 accounts between April and September, based on directives from law enforcement agencies and internal assessments of alleged irregularities.

The focus on India comes at a time when companies such as PepsiCo, Coca-Cola, General Mills, Walmart and Amazon have announced downsizing of the workforce and operations in markets like the US and Europe to cut costs amid inflationary pressures.

As a first step under the plan, Leyland will retrofit an existing fleet of 45,000 trucks, which RIL has contracted to ferry refined products and other marketing goods, with fuel-cell engines so that these vehicles can use green hydrogen instead of diesel.

Dharmaj Crop Guard will make its debut at the Dalal Street on Thursday after raising Rs 251 crore from primary markets. Its IPO, which was subscribed 35.5 times, was open between November 28-30 in the range of Rs 216-237 apiece.

The S&P 500 lost 7.34 points, or 0.19%, to close at 3,933.92 and the Nasdaq Composite dropped 56.34 points, or 0.51%, to finish at 10,958.55. The Dow Jones Industrial Average was flat, ending on 33,597.92.