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According to the regulator, a sponsor of a REIT/InvIT whose units have been listed on the stock exchanges for a period of three years can be permitted to declassify as the sponsor subject to certain conditions, including that there has to be a new inducted sponsor in place of existing sponsor getting declassified

The Geological Survey of India (GSI) recently said it has found lithium deposits for the first time in the country. India has lately been looking to strengthen its supply of key minerals, including lithium, that will be critical for furthering its electric vehicle plans

The Dow Jones Industrial Average fell 154.72 points, or 0.47%, at the open to 32,999.19

The consensus recommendation from 12 analysts for the stock is a ‘buy’. Of the 12 analysts covering the stock, 10 have strong ‘buy’ and ‘buy’ ratings, while two have hold ratings

"The company is a running concern. Penalising the firm with such a heavy penalty is in fact penalising the shareholders, which is not justifiable especially for a running company," the appellate tribunal said in its order dated February 23.

Taking to Twitter, Kamath said only 8 of the select developed or developing 30 countries have interest rates higher than inflation.

In India, inflation reached a high of 7.79% in April 2022. Since then, it has moderated in recent months and was 5.72% in December 2022. In January 2023, it inched up again to 6.52% but remains within the manageable range.

Market experts usually advise investors to adopt a long-term approach when investing in the market. However, some investors may experience good fortune and obtain high returns even in the short term

Goldman noted that roughly half of the 113 companies that are part of the MSCI India index missed consensus expectations in the October to December quarter, with a majority of those comprising consumer discretionary companies

The brokerage observed that VBL is well placed under the current market situation as the early onset of the summer season is expected to drive overall beverage sales across regions. Further, the initial report on possible El-Nino could delay the rural recovery, which would have led the entire FMCG pack (ex-ITC) under the wait-and-watch mode, it said