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With monthly interest repayments, gold loans are currently available at interest rates of 6.9% a year, for ticket sizes above ₹2 lakh and loan to value ratios of 70%. In bigger markets such as Kerala and Tamil Nadu, loans are available at 6.5% for ticket sizes above ₹ 1 lakh.

As per the annual compliance report the government needs to submit to the Supreme Court each year, DoT will also inform that because of the deferral in payment timelines, bank guarantees (BGs) would also be returned to the carriers, a senior government official told ET.

The convergence between the government, the regulator and lending institutions has helped address problems upfront rather than postponing them. Today, we do not need physical monitoring because we have data points like GST and tax returns.

This is positive for Indian refiners as almost 45% of their product slate is diesel. Diesel cracks have risen to $30 per barrel, up from $13-18 a year ago, while benchmark Singapore GRMs are at over $15 per barrel. Global diesel inventories are at a 10-year low and Chinese exports, a significant supply in Asia, were down 85% in the January-February period from a year earlier.

The government has mandated the central bank to keep the inflation at 4 per cent (+,- 2 per cent). After the February MPC meeting, the RBI had decided to hold its key lending rates steady at record low levels for the 10th straight meeting to support a durable recovery of the economy from the COVID-19 pandemic.

Adani Power was the top gainer among BSE500 stocks, rising 42 per cent during the week.

Sensex and Nifty seem to have survived the FII scare with marginal losses. Year to date, they are down by a little over 1.5% in this calendar year, but not by a lot. Same is the case with broader markets. Small and mid-cap indices have scraped through the scare without a serious scar.

The government from April 1 increased the gas price paid to producers of oil and regulated fields from $2.9 per million British thermal units to $6.10, a record high.

For a stock to turn multibagger, the company has to consistently grow its earnings at a high rate and has to achieve the same without deteriorating its returns on capital employed.

Tianjin, Chongqing, Guangzhou, Fuzhou, Xiamen and six cities in the coastal Zhejiang province will be added to the existing 10 major "pilot" cities to test the use e-CNY, it said.