An independent director who spoke on the condition of anonymity told ET that he had taken up study for the first time in nearly three decades of his life as a professional. "If someone fails to clear the exam, it's not just a dent on the career aspirations of the candidate but also a discomforting fact in the professional circles," he said.
Markets have been quivering in recent days, concerned that central banks around the world will push their war on inflation too far and tank economies in the process. Investors are increasingly betting that the Fed might lower interest rates next year, presumably because they expect the central bank to set off a downturn.
Nifty50 on Tuesday fell for the second day in a row and, in the process, settled below 16,500 level. The index formed a bearish candle on the daily chart, with no upper wick, suggesting selling at the word go. The 50-pack index closed near day's low.
"I think cement is clearly a good way to play the real estate theme. JK Cement, Ramco Cement or Dalmia Bharat have corrected a lot due to commodity price pressure, higher raw material costs, lower demand, and the CCI probe. So, I think now they are at an interesting juncture in terms of valuations which are very cheap and volumes which can only increase. For JK Cement, the white putty demand is picking up."
"In order to ensure that the loan policy reflects approved internal risk appetite and remains in alignment with the extant regulations, it is advised that the loan policy of the bank shall be reviewed by the Board at least once in a financial year" the RBI said in a notification on Tuesday. The above instructions will come into effect immediately, RBI said.
The maker of Coke and Sprite soft drinks and Minute Maid juice said volume performance was driven by continued recovery in away-from-home channels and ongoing investments. Quincey said the beverage maker gained shares in sparkling soft drinks and juices and that it is “continuing to invest in the marketplace availability and execution to capture growth.”
The company's legal head Paul Grewal said Coinbase will engage with the SEC on the matter. "We are confident that our rigorous diligence process - a process the SEC has already reviewed - keeps securities off our platform," Grewal said.The SEC's scrutiny has increased ever since the crypto trading platform expanded the number of tokens in which it offers trading, Bloomberg report said, citing two sources.
The MoU, valid for two years, was inked in New Delhi by ONGC Director Onshore Anurag Sharma and Greenko CEO and Managing Director Anil Kumar Chalamalasetty.
"The current market conditions - I don't think they faze investors," said Roderik van der Graf, founder of Hong Kong investment firm Lemniscap, which focuses on crypto and blockchain. "The capital available is massive."VC funds offer financing to young companies they believe have strong growth prospects. The data suggests a solid faith in the future of crypto and blockchain tech, despite a bruising six months for the industry.
Russia's war in Ukraine has exacerbated rising prices for almost everything, from wheat and cooking oil, to natural gas and crude oil, making it more expensive to produce goods.