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Net profit for the September quarter increased to ?149 crore despite the recent inflationary escalations and interest rate hikes, the Bengalurubased company said.During the quarter, the company’s net revenue increased 9. 63% from a year ago to ?1,474 crore. The company’s EBIDTA margin recorded a growth of 0. 8% during the period.

A week that began with two crypto CEOs tweeting barbs ended with the bankruptcy of FTX, one of the largest and most prominent crypto exchanges, along with around 130 other companies that it owned. The business had been trying to cover a shortfall of as much as $8 billion, with the specifics of its failure -- now subject to multiple investigations -- yet to be revealed.

"As volatility is now contracting, long term investors would be more confident to stay invested. Last week, PSU Bank has delivered 6.46 percent return and we expect the PSU Index might test 4000 levels in coming days. In addition to SBI, Bank of Baroda, Canara Bank, and Indian Bank could offer respectable returns in the near future."

“Gen-Z is probably smarter than every generation that preceded them and that trend will continue. We all had experiences and I do not think a 70-year old man is necessarily wiser by virtue of his experiences compared to a 40-year-old or a 50-year-old man. It depends on how you choose to reflect upon your experiences and what you learn and take away from those.”

There is aggressive buying demand by millers, big buyers, and crushers who are directly coming to the mandis to buy a soybean crop. Total arrivals in October were 0.8MMT and it would be about 1MMT in November and 1.5MMT in December 2022, respectively.

However, the crypto market showed some signs of recovery on Friday after confidence returned over the macroeconomic outlook, and FTX also started to open its withdrawals partially to its users. Even though the day started with a market bounce back, some cryptos continued to fall.

“In the last 10 or 15 years, most consumption happened in the US. We are now at a stage where a lot of the emerging markets now have high consumption sectors. So India is one, China is the other. The Philippines, Vietnam, Indonesia and Africa will emerge as new places where healthcare will shift. Depending on various points in time, we will see this shift happening.”

In the words of Morgan Housel, “Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.” Whenever we think of having financial independence to gain complete control over our own time, it is invariably associated with retirement.

This trend in the global carbon market follows a clearly noticeable acceleration in climate commitment following the Paris Agreement, reaching a level of frenzy ahead of the COP26 in Glasgow in 2021. Today, over a third of the 2,000 largest publicly traded companies in the world are committed to Net Zero emissions by 2050 or before.

After the Terra collapse, which devastated many Indian cryptocurrency investors and the failure of hedge funds such as Celsius and Three Arrows Capital, the FTX fiasco is the most recent shocking development to impact the cryptocurrency market.