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Mitul Shah, Head of Research, Reliance Securities expects the domestic PV industry to record double-digit volume growth in FY23 and FY24, which would support Maruti’s business. Moreover, sales of premium products would further increase.

Orient Electric Ltd., incorporated in the year 2016, is a Mid Cap company (having a market cap of Rs 5794.79 Crore) operating in Consumer Durables sector

Vedanta executives said at the conference that the company would target volumes of 240,000 sheets a month for its integrated display fab built at a $12 billion investment, and about 50,000 Wafer Starts Per Month (WSPM) from the semiconductor factory.

​​Benchmark U.S. Treasury yields fell to hover near two-month lows. Lower bond yields reduce the opportunity cost of holding non-interest bearing gold. Meanwhile, a sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said.

The Fed is pushing up rates to cool the sharpest inflation since the 1980s and signaled "ongoing increases" in borrowing costs may still be ahead despite evidence of a slowing economy. Powell told reporters it will likely be appropriate to slow the pace of increases as rates get more restrictive and that the Fed wants to get to moderately restrictive levels by year-end.

On the demand side, the U.S. Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point, in line with expectations, to cool inflation, while the dollar fell on hopes for a slower hiking path.

Lenders may need to incorporate an assessment of both physical and transition risks across a range of climate-related scenarios. They may identify and simulate plausible and relevant scenarios, factor in the inter-linkages between climate-related risk and other risks and explore resilience to financial losses under a variety of scenarios.

The margins of domestic steelmakers will remain under pressure in the second quarter despite a dip in input costs as they are carrying more expensive inventory that will now be liquidated, said TV Narendran, managing director, Tata Steel. While the imposition of a 15% export duty in May has hurt the steel industry, the impact on Tata Steel was not very significant as the company had low exposure to exports, he said.

​​​ Blue Dart said its net profit jumped close to four times to ₹119 crore in the April-June quarter on a robust operating performance. Revenue from operations rose nearly 50% to ₹1,293 crore. "Life in the pandemic has leap-frogged. We are out of the pandemic now. It is a mix - better realisation, yield improvement, digitisation, service quality and cost management," MD Balfour Manuel told ET.

5G auction on Wednesday was muted, though some circles saw intense bidding in the mid band or C-band (3.3-3.67 GHz), and high band (26 GHz) for the second successive day.