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"Prices can touch $90 in two months if the US continues with inflation and low growth and China is unable to find fixes for its economic troubles. Economic woes in these two countries can affect demand," BPCL chairman Arun Kumar Singh told ET in an interview.

South East UP Power Transmission Company by Resurgent Power Ventures, a JV between Tata Power and ICICI Bank. It had emerged as the highest bidder in February, quoting ₹3,251 crore upfront payment for the stressed transmission asset under insolvency.

Adani and RIL are planning to set up two compressed biogas (CBG) plants each.

Market leader Jio was the largest bidder in the 5G airwave auctions which ended on Monday, spending ₹88,078 crore, while Airtel and Vodafone Idea bought airwaves worth ₹43,084 crore and ₹18,799 crore.

The U.S. dollar index, which gauges the currency against six major peers including the yen, was 0.05% higher at 106.50, after rebounding 1% overnight following its slide to a nearly one-month low at 105.03.

Adani Group stocks, Godrej CP, IndiGo, PI Industries, Gujarat Gas, Vodafone Idea, Lupin, Aditya Birla Capital, Devyani International and BASF India are among the companies that will announce their earnings for the quarter ended June 2022.

​​​​During the quarter, the company received an investment of $500 mn from Abu Dhabi based International Holding Company PJSC as primary capital in AGEL. This, the company said, will help deleverage the balance sheet, strengthen the credit rating profile thereby helping reduce the cost of capital and support future growth.

A trio of Fed policymakers signalled on Tuesday that there would be no let up in the tightening campaign aimed at taming the highest inflation since the 1980s, even though it will take rates to a level that will more significantly curb economic activity.

Documents and digital data seized during the raids showed that the group had been engaged in “large-scale” tax evasion by adopting various methods, including by way of “unaccounted” cash sales outside the books of account, booking of bogus purchases and cash receipts from real estate transactions, CBDT said.

The index stood at 53.9 in March last year. It was at 43.4 for the period ending March 2017, showing rapid improvement in reach of financial services over the past five years.