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Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro. The United States on Sunday said Russia might create a surprise pretext for an attack, as it reaffirmed a pledge to defend "every inch" of NATO territory.

JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 162292.18 Crore) operating in Metals - Ferrous sector.

The effective import duty on crude palm oil will now come down to 5.5 per cent, from 8.25 per cent, after taking into account agri development cess and social welfare cess.

On January 12, the board of directors of TCS had approved the buyback of up to 4 crore shares for an aggregate amount not exceeding Rs 18,000 crore.

The industry also urged the government to reconsider the decision to levy a tax of 30% on current market value when crypto assets are gifted or given to employees as part of their remuneration, saying the tax is levied without waiting for the receiver to sell it and book any profit.

Ruchi Soya said it has strongly positioned itself with diversified portfolio of products to capitalize on the trend of shift in consumer preferences towards trusted and branded packaged foods amid the Covid-19 pandemic.

LIC’s embedded value (EV) jumped to nearly Rs 5.4 lakh crore in September 2021. This was more than five times higher from the Rs 95,605-crore EV clocked six months earlier in March. EV is a measure of an insurer’s current net worth and present value of future profits.

In a quiet move, the RBI has managed to reduce the relevance of the reverse repo rate. Reverse repo is the rate at which the RBI borrows from banks and sets the floor for money markets.

From October 1, 2021, banks are required to reach out to customers before deducting money towards payments based on standing debit instructions.

LIC infused Rs 4,743 crore into IDBI Bank using policyholders’ funds. IDBI Bank raised Rs 14,351.80 million on December 19, 2020 by way of a qualified institutional placement and since March 10, 2021, the bank has come out of the prompt corrective action framework, subject to compliance with certain conditions and continuous monitoring.