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“We felt that by September-October this year, the semiconductor issue would be conquered but there are some new challenges that have been thrown in with the war situation. But otherwise, it might get delayed by a quarter more. So maybe December-January might be the right time by which we can see some amount of relief coming in.”

While Ethereum saw some recovery and trimmed the losses, it continued to trade lower along with other altcoins. At 14.40 hours IST on Friday, Ethereum was down about 4 per cent at near the $1,750 mark. According to the data from Coinmarketcap, the total market capitalization of the second largest cryptocurrency dropped to $213.65 billion.

The Reserve Bank of India intends to permit retail investors to open gilt securities accounts directly with it under the ‘Retail Direct Scheme’ “in order to encourage greater retail participation through the improvement in ease of access to the G-sec market.”

“In the last two years, there has been a lot of support in terms of liquidity, credit guarantee and low rates. Some of these things from the RBI side would have to be withdrawn, like liquidity to some extent, while rates will go up. But in this kind of a situation, when the recovery is at an early stage, some of the credit guarantee programmes or innovative measures might have to come in.”

Income went up to Rs 5,786.65 crore in the quarter from Rs 3,360.07 crore in the year-ago period, the filing said.This has been the best ever performance recorded by the company, setting stage for next phase of growth on the back of strategic acquisitions and transformational initiatives undertaken by Allcargo, it said in a statement.

“Inflation and growth need to be moving in harmony, that is the basic message of the RBI. Even now, one will say that there could be a bit of ambivalence here. We are talking inflation but we are also talking in terms of growth. So one cannot just target inflation and not growth. It is a case of how to space it out?”

Bitcoin was trading marginally lower after breaching the $28,000 mark. At 14.15 hours ITS on Friday, the largest digital token was trading with small cuts of less than a per cent at $29,010.57.

The central bank, in its report, said that this includes all the primary market activities, including initial public offering (IPOs), follow-on public offerings (FPOs) and rights issues. This also includes all issues by mainboard and SME players.

"Escorts’ stock price has grown at 19 per cent CAGR over the last five years from Rs 650 in May 2017, vastly outperforming the Nifty Auto Index. We retain hold rating on Escorts amid muted tractor growth prospects over FY22-24 and await contours of medium-term business growth plan constructed by Escort and the new co-promoter Kubota," ICICIdirect said in a recent report.

Revenue from operations rose to Rs 26,968.21 crore from Rs 15,549.07 crore in January-March 2021.For the full fiscal ending March 31, the company reported its highest ever net profit of Rs 10,363.97 crore, against Rs 4,890.18 crore in the previous year.