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Powell said there is "significant uncertainty" around the level of rates needed to bring down inflation

There is no plan to list SBI Mutual Fund for now," Khara told reporters on the sidelines of the national banking summit here. Without citing any reason, he said the IPO plan stands shelved for now.On December 15, 2021, SBI had announced its plan to offload a 6 per cent stake in SBI MF through an IPO and was planning to raise around USD 1 billion.

The central bank’s meeting is primarily to discuss and draft an explanation to the government on the failure to adhere to the inflation target for three consecutive quarters.

“We expect HDFC to deliver 4% QoQ loan growth in the individual segment, translating to a 19% growth in individual loans. Overall, loan growth is (seen) lower at 16% due to slower growth in the non-individual segment,” Kotak Institutional Equities said in its report.

“I think one investment mantra for entrepreneurs is to find uniqueness in what you invest in. There is so much that is coming at people right now, especially because we are living in the age of information and so much is thrown at you, it is difficult to see through what is true, what is not, what is a lie and what is a facade. To be able to see through the facade is really important,” says Priyanka Chopra Jonas.

“Approved and recommended a bonus issue of equity shares in the ratio of 1:1 i.e. 1 equity share of Rs 5/- each is issued for every one existing equity share of Rs 5/- each held by the shareholders, as on the record date, subject to the approval of shareholders in compliance with the applicable laws, said the company’s filing with the exchange.

The Fed is expected to deliver a fourth straight 75 basis point (bps) hike at the end of its policy meeting on Wednesday. The decision is due at 2:00 p.m. ET (1800 GMT), but focus will be on commentary from Fed Chair Jerome Powell later.

In the absence of claims from a majority of the bondholders of the two Sahara companies, which were asked to return the money to nearly 3 crore investors along with interest in August 2012 through a Supreme Court order, the total amount refunded by Sebi rose by just about Rs 9 crore during the last fiscal, 2021-22, while the balance in Sebi-Sahara refund accounts rose by Rs 1,515 crore during the year.

The largecap counter performed according to estimates on both revenue and margin fronts. The deal closures had been soft during the quarter, given the spillover of select deals into Q3. Nonetheless, what is important is that the outlook of $70-$100 crore net new total contract value (TCV) has been maintained.

“For the first time in six months, we have seen retail exceeding wholesale! As a result, the stock in the network in the industries came down to an estimate of 2,05,000 from 2,40,000 at the beginning of October. The same trend can be seen in Maruti as well. While the retail spending is pretty strong, I would not say it is record retail.”