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Total income for the quarter under review came in at Rs 9,614.34 crore, a rise of 8 per cent YoY from Rs 8,887.28 crore

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West Texas Intermediate rose 2% for the week as robust demand tightened global markets. As supply remains constrained, a chorus of Wall Street banks and oil executives are forecasting a return to $100 oil. Additionally, heightened geopolitical risks driven by fears that Russia may invade Ukraine have also contributed to crude’s climb.

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Chemplast Sanmar Ltd, the flagship company of Sanmar Group, on Saturday reported standalone net profits at Rs 142.82 crore for the quarter ending December 31, 2021, the company said on Saturday. The city-based company had registered standalone net at 21.27 crore during the corresponding quarter in the previous year, a company statement said.

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According to Fearon, investors can identify and short the stocks of businesses that are on their way to bankruptcy

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Suzlon Energy has posted a consolidated net profit of Rs 37.73 crore in the December 2021 quarter mainly on account of higher revenues. The company had reported a consolidated net loss of Rs 118.06 crore in the same quarter of the previous fiscal, according to a BSE filing released on Friday night.

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It was the final irony for a week in which investors just couldn’t make up their minds, amid a panoply of warring narratives. On one side was Jerome Powell, suddenly the enemy, refusing to commit to keeping rate hikes gradual. On the other was the booming economy, promising to blot out the impact of anything the Federal Reserve might throw in its path.

We should think out-of-the-box to arrive at better solutions rather than opt for ideas that are legacy-driven and seeped in a colonial hangover, dating half a century back in time.

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"The year 2021 revalidated the strength of conventional wisdom about gold and holds several lessons in revival that will shape policy thinking for years to come," WGC Regional CEO, India, Somasundaram PR told PTI.

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The last quarter of 2021 witnessed 31 per cent growth in gold bar and coin demand to an 8-year high of 1,180 tonnes as retail investors sought a safe haven on the back of rising inflation and ongoing economic uncertainty caused by the pandemic, it noted.

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More people need to benefit by participating in the equity markets. The government needs to consider every possible way to encourage the ordinary citizens of India to participate in investing directly or indirectly in equity markets

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