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The futures market currently shows investors believe the target U.S. federal funds rate will peak around 5.1% by next June, and the chances of a rise of 50 or 75 basis points are tilted in favour of a half-point increase nex month.

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With the election outcome still uncertain, investors were turning their attention to October inflation data due out on Thursday, which could shed more light on whether the Fed might soften its aggressive stance on interest rate hikes.

Adani Green, Eicher Motors, Apollo Hospitals, Page Industries, Zomato, Trent, Jindal Steel , Indian Hotels, ConCor, Samvardhana Motherson and NHPC are among the companies that will announce their results for September 2022 quarter today.

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Inflation expectations among euro zone consumers continued to rise in September, even as economic growth and income forecasts declined markedly, a new European Central Bank survey showed on Wednesday.

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He noted that distillate stockpiles, which include diesel, heating oil and jet fuel, fell to their lowest in a decade and the number of days those inventories can meet expected demand is at 26, nearly five days below the five-year average, "indicating much tighter conditions than U.S. oil or gasoline markets".

Central bank digital currency could end RBI-ESMA row

Updated at : 2022-11-10 07:25:02

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The newly launched CBDC system, used as a pilot in government security trades earlier this month, could be an alternative, obviating the need for European inspection as the central bank itself is the clearing custodian here.

Binance deal for FTX collapses, crypto worries mount

Updated at : 2022-11-10 07:25:02

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A representative for FTX did not immediately respond to a request for comment, but Chief Executive Officer Sam Bankman-Fried told employees in a Slack message viewed by Reuters that Binance had not previously expressed reservations about the deal.

As per the BSE bulk deals data, ICICI Prudential Life Insurance bought 250,000 shares in the company at an average traded price of Rs 1,343

The share buyback has been announced at an over 40% premium as against the current market price of around Rs 1840 apiece.

The company had reported a loss of Rs 26 crore in the corresponding quarter last year. The loss was despite 19% growth in the consolidated topline to Rs 2,401 crore.It was the high input costs, especially energy and logistics that pulled the company into the red. Expenses for the cement maker grew 24% year-on-year.

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