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IT Ashwini Vaishnaw described the bill as being technology and sector agnostic, adding that it may become a global trendsetter.

Benchmark indices BSE Sensex and Nifty50 index settled marginally lower for the week, whereas midcap and smallcap indices dropped up to 2 per cent for the week, whereas India VIX dropped on a weekly basis.

US tech companies that were once the darlings of the global investors have lost the sheen this year. The tech-heavy index Nasdaq 100 has shredded about 28% in 2022. It is the most brutal selloff since 2008.

Global growth was 6.0 per cent in 2021. It is expected to be 3.2 per cent in 2022 and 2.7 per cent in 2023. Barring the global financial crisis and the severe phase of Covid -19 pandemic, this is the weakest growth profile since 2001.

The company, whose issue barely managed to sail through, is commanding negligible premium in the grey markets, compared to its issue price of Rs 474 apiece.

The one thing that Agrawal believes he has learnt in his investment journey is that high growth is not possible for a very long time.

Brokers said services such as pay-in, pay-out, pledge, or unpledged securities for margin were down due to system failure at the CDSL. However, trading was not affected, they added.

Brokers said services such as pay-in, pay-out, pledge, or unpledged securities for margin were down due to system failure at the CDSL. However, trading was not affected, they added.

To be sure, the reserves had climbed $16.7 billion in the week ended August 27, 2021, but those additions included $12.6 billion worth of one-time Covid restructuring support from the International Monetary Fund (IMF).

To be sure, the reserves had climbed $16.7 billion in the week ended August 27, 2021, but those additions included $12.6 billion worth of one-time Covid restructuring support from the International Monetary Fund (IMF).