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The European Union told member states on Wednesday to cut gas usage by 15% until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be reduced further and might even stop.

The National Company Law Tribunal’s (NCLT) Kolkata bench on Monday declared the allotment of shares by the company in favour of the promoters void. The NCLT also pronounced the purchase of company shares by the promoters from Lodha null and void. These transactions took place way back in 1987 and 1988, respectively.

Choudhary said RBI has fostered innovation and it is keeping a close eye on the benefits and risks associated with innovative products and services offered by fintechs. "The challenge for policymakers is to maximise the benefits of fintech while minimising the potential risk," he said.

"If the Nifty fails to cross above 16,600 and instead sustains below 16,500, a cool-off can be expected in the recent up-move," said Abhishek Chinchalkar, head of education at brokerage Fyers.

Electric vehicle maker Tesla Inc rose 2% in extended trading after reporting a rise in quarterly profit after the bell. "Equity prices are trending in a roller coaster fashion, currently being at the mercy of inflation, interest rates and earnings," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.

BlackRock management was quick to invoke the first-half market carnage when revealing the investment performance last week. “2022 ranks as the worst start in 50 years for both stocks and bonds,” Chairman and Chief Executive Officer Larry Fink said on his earnings call.

Its revenue from operations was up 62.62 per cent to Rs 4,244.46 crore during the period under review as against Rs 2,609.97 crore in the corresponding period last fiscal.

"FY23 has started on a strong note with revenue growth of 18 per cent in the first quarter (Q1) on a year-on-year basis with cloud and subscription revenues growing at 33 per cent in the Q1 on YoY basis," Newgen Software Technologies chairman and managing director Diwakar Nigam said in a statement.

Its revenue from the operation rose 94.25 per cent to Rs 888.78 crore during the quarter under review. It was Rs 457.54 crore in the corresponding quarter previous fiscal.

The Jaipur-based lender reported a marginal dip in the quarterly net interest margin at 5.9% from 6% in the year-ago period.Its net interest income, however, rose 35% to Rs 976 crore against Rs 924 crore.