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"With US inflation running at 9.1%, ~4.5x the target of 2%, Fed is likely to run a restrictive monetary policy even if Inflation peaks by August. USD is likely to remain well bid in such an environment, which is a negative for non-dollar assets in the near term. Also, India has outperformed China by almost 30% over the last 12 months. Thus, redemption pressures in the EM funds can lead to continued FII selling, especially from passive funds linked to indices."

“If we look at where India is in its evolution path, I would say that the three themes which will make money for investors over the next 10 years would be brands, market share gainers and basically innovation or innovators. These three themes in my opinion are very relevant to where India is in its global evolution.”

“We at Lodha are focussed on ensuring that consumers do not have to worry about the short term variances in interest rates and therefore we have come out with the programme wherein, for anybody buying from Lodha, the interest rate is fixed at 6.99% up to June 2024. So any variation in interest rates over the next two years becomes irrelevant to a buyer from Lodha.”

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Jindal Stainless Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 6066.85 Crore) operating in Metals - Ferrous sector.

The global cryptocurrency market cap was trading marginally higher at the $972.90 billion mark, gaining about a per cent in the last 24 hours. However, the total trading volume dropped more than 16 per cent, close to $63.09 billion.

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The MoU, valid for two years, was inked in New Delhi by ONGC Director Onshore Anurag Sharma and Greenko CEO and Managing Director Anil Kumar Chalamalasetty.

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The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year, according to Reuters polls of economists. Spot silver rose 0.4% to $18.68 per ounce, platinum gained 0.3% to $876.22, and palladium firmed 0.4% to $2,017.56.

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If the buyout deal is completed, Twitter shareholders will be entitled to receive $54.20 in cash for each common share they own, the company said, adding that its board was strongly in favor of the takeover.

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Supply-chain snafus and miscalculations around demand have added to problems. In May, Walmart said it was sitting on over $60 billion of inventory at the end of the first quarter and promised "aggressive" price cuts on items such as apparel.

RBI asks UCB Boards to review loan policy every year

Updated at : 2022-07-27 07:20:03

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"In order to ensure that the loan policy reflects approved internal risk appetite and remains in alignment with the extant regulations, it is advised that the loan policy of the bank shall be reviewed by the Board at least once in a financial year" the RBI said in a notification on Tuesday. The above instructions will come into effect immediately, RBI said.

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