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This planned equity support is over and above the ₹5,000 crore already infused this year in National Insurance (₹3,700 crore), Oriental Insurance (₹ 1,200 crore) and United India Insurance (₹100 crore).

The hike in MCLR rates comes in addition to hike in repo rate linked lending rates by a host of lenders, including SBI, ICICI Bank, Punjab National Bank, Bank of India, and mortgage lenders as soon as RBI increased repo -the rate at which it lends short term money to banks - on September 30.

There is better sentiment around what is happening in the UK, financials earnings are being supported by a number of factors, better net interest margins are one key element, higher rates are going to be good for the banks so Q3 earnings maybe are looking a little less bad than feared, I would put it, maybe not necessarily better than feared.

ICICI Lombard GIC, Schaeffler India, Gujarat Fluorochem, Polycab, LTTS, Tata Communications, KPIT Tech, HFCL, Mahindra CIE Automotive and Praj Industries are among the companies that will announce their results for September 2022 quarter today.

​​​Gold is highly sensitive to rising U.S. rates, which increase the opportunity cost of holding the non-yielding asset. The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.

People that are buying commodities are sitting on weaker and weaker currencies,” he said, referencing emerging-market and euro-area buyers. “You’re probably going to see a downturn in commodity prices.

The Reserve Bank of India in its October Bulletin noted that India’s fight against ‘stubborn’ retail inflation will be dogged and prolonged, given the long and variable lags with which monetary policy operates and that it is fraught with uncertainties. However, going forward RBI expects the headline inflation to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable base effects.

Profit before tax of Tata Elxsi stood at Rs 219.17 crore, registering a fall of 4 per cent quarter on quarter

The inclusion of these stocks could bring inflows to the tune of $801 million, the research firm said

Interest income for the lender was 21% lower at Rs 276.5 crore against Rs 350.5 crore