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Import of liquefied natural gas (LNG) fell 19% to 2.37 BCM in August on high prices and limited availability in the spot market. Indian gas importers are unable to source LNG from the spot market as most supplies are headed to Europe where buyers are willing to offer record-high prices ahead of winter amid sharp supply curbs from Russia.

Media planners said while all three telcos - Airtel, Jio and Vi - will have tactical campaigns in the festive quarter, Airtel is slated to lead the media spending in the category.

In separate notifications over the weekend, IBBI allowed creditors to sell part assets in case they get more value. More importantly, the regulator also announced a performance-based pay structure for resolution professionals (RPs). Both moves will have far-reaching changes to recoveries, consultants said.

While the intent of the regulator is unclear, the Securities & Exchange Board of India (Sebi) has in an email on September 12 --- a week after it asked PE and VC funds about their valuation practices --- sought various information on funds formed with a small club of investors, two senior industry persons told ET.

NARCL has engaged consultants such as EY, PwC, Alvarez and Marsal, KPMG, Grant Thornton to conduct due diligence for the 18 accounts. It will rely on the due diligence reports to finalise binding offers for these accounts.

​​​​Gold is known as a safe investment amid inflation woes, but high interest rates increase the opportunity cost of holding non-yielding bullion. Physical gold demand picked up in India as domestic prices fell ahead of key festivals, while premiums in China climbed further as its currency weakened.

That risk saw two-year Treasury yields surge 30 basis points last week alone to reach the highest since 2007 at 3.92%, so making stocks look more expensive in comparison and dragging the S&P 500 down almost 5% for the week.

The latest bottleneck stems from unresolved negotiations between its management and engine makers on more favourable terms in its proposed leasing contracts, people in the know said.

Bitcoin (BTC) has dropped by more than 6 per cent this week and has failed to hold support at $22,000 after successfully breaching $22,600 mid-week. BTC continues to consolidate in the range of $19,400-20.100 which has held as support for months now. If stocks recover their losses next week, there is a likelihood of BTC gaining back $22,000.

The crucial US Federal Reserve meeting is slated for September 21. According to reports, there is a high chance that the Fed shall yet again hike rates by a steep 75 bps as has been done in the past two monetary decisions.