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The US dollar index, which measures the currency against a basket of six major rivals, was last at 99.25 as against 98.60 around 5 pm on Friday.

Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities in markets like India and South Korea in recent days, spurring weakness in their currencies.

Entrepreneurs are increasingly investing in second homes as the residential segment witnessed a sharp recovery after the outbreak of Covid-19. Currently, on average, an Indian UHNWI - a person with a net asset of $30 million or more - owns two homes.

The RBI asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Appointment of an IT audit firm to conduct a comprehensive system audit of its IT system is also directed.

Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 66024.57 Crore) operating in FMCG sector.

In February 2022, however, imports of the precious metal dipped by 11.45 per cent to USD 4.7 billion, as per the data by the commerce ministry.

Japanese lenders Mizuho Bank, MUFG and Sumitomo Mitsui Banking Corp (SMBC) are likely to sign an agreement for the loan around Japanese Prime Minister Fumio Kishida’s India visit this week.

Gold prices fell on Monday, dragged by firmer U.S. Treasury yields and improved risk appetite on hopes of peace between Russia and Ukraine. Spot gold was down 0.4% at $1,977.14 per ounce by 0045 GMT. U.S. gold futures fell 0.4% to $1,976.40.

Asian shares advanced and oil slipped on Monday on hopes for progress in Russian-Ukraine peace talks even as fighting raged on, while bond markets braced for rate rises in the United States and UK this week. While Russian missiles hit a large Ukrainian base near the border with Poland on Sunday, both sides gave their most upbeat assessment yet of prospects for talks.

There’s certainly reason to be worried about inflation as Russia’s invasion compounds the pressures ignited by the pandemic. With a 25 basis-point hike near-certain on Wednesday after Powell took the rare step of publicly backing such a shift, futures markets show around 165 basis points of tightening this year, or the equivalent of at least six quarter-point increases.