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Zombie firms are those that often survive longer than desirable taking advantage of countercyclical policy support, thwarting the process of reallocation of resources from weak and vulnerable firms to strong firms having high growth potential.

Surging inflation has spurred some US central bankers to revise up their outlook for rate increases this year, while both Democrats and Republicans are urging the Fed to get price pressures under control.

The Dow Jones Industrial Average fell 54.57 points, or 0.16%, to 34,934.27, the S&P 500 gained 3.94 points, or 0.09%, to 4,475.01 and the Nasdaq Composite dropped 15.66 points, or 0.11%, to 14,124.10.

Charlie Munger showed no such mercy for cryptocurrency, saying he wished it had been banned from the start.

Surging inflation has spurred some US central bankers to revise up their outlook for rate increases this year, while both Democrats and Republicans are urging the Fed to get price pressures under control.

“Towards the redemption of subordinated debt amounting to Rs. 895 crores, please be informed that the Company has decided not to exercise the call option due on Friday, 25th March 2022,” the insurer said in a stock exchange notification.

Axis Trustee Services sold 1,37,81,954 shares of Orient Green Power at an average price of Rs 12.15 a piece. It was not clear who bought these shares

The stock brokers continuously logged in to secondary server in currency derivatives, cash market and Futures and Options segments during 2012-2014 without any sufficient reason, according to Sebi orders

The Dow Jones Industrial Average fell 37.01 points, or 0.11%, at the open to 34,951.83.

The market is also likely to react to the FOMC minutes. Apart from this, the decrease in geopolitical tensions between Russia and Ukraine remains debatable