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“We are living in a very dynamic world and the central bank has to become a dynamic organisation in terms of actions – not action for the sake of action but action because it is necessary. We have to be in tune with the times and also anticipate emerging developments and always remain in sync with the times. Today, debate around whether RBI is behind the curve has hopefully ended.”

SpiceJet board had recently passed a resolution to raise the funds for its sustainability and future expansion, reports said adding that the airline is exploring multiple options to raise funds.

Gold prices halted decline on a softer dollar which is still trading near six-week high," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities

Astral Ltd. key Products/Revenue Segments include Plastic Products and Other Operating Revenue for the year ending 31-Mar-2022.

“Bajaj Finance is one. In the second half, when the festivities begin, this company should benefit. Then comes Laurus Lab; its CRAMS business is doing exceptionally well. We like KSB Pumps. It is playing the nuclear opportunity. Tata Chemicals will do well as soda ash prices will remain firm. Phillips Carbon Black is an indirect play on the entire auto pack and reported one of the best margins.”

Healthcare Global Enterprises Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 3817.38 Crore) operating in Hospitals & Allied Services sector.

The Reserve Bank of India will likely set cutoff yield for 10-year state development bonds being auctioned on Tuesday between 7.68% and 7.71%, according to the median in a Reuters poll of 10 traders. Five Indian states aim to raise an aggregate 68 billion rupees ($851.38 million) through sale of bonds maturing in 10 years to 24 years

The IPO of DreamFolks Services will close for subscription on Friday, August 26.

Adani Ports and SEZ stock was trading 2 per cent lower at Rs 825 while Adani Total Gas was 1.5 per cent lower at Rs 3,322.10. Adani Transmission stock was down nearly 3 per cent at Rs 3,382.

As of 30-Jun-2022, promoters held 0.0 per cent stake in the company, while FIIs held 37.27 per cent and domestic institutional investors had 32.58 per cent.