"Nothing happens too fast, even biking. I avoid driving too fast, and at the same time, remain cautious on the road. It is the same story in equities; nothing happens overnight, be patient," said Sumit Chanda
After notching its worst first half since 1970, the S&P 500 has bounced some 16% from its mid-June low, fueled by stronger-than-expected corporate earnings and hopes the economy can avoid a recession even as the Fed hikes rates.
External MPC member Jayanth R Varma dissented on the resolution that said the panel would remain focused on withdrawal of accommodation while seeking to achieve simultaneous goals of restraining inflation and underpinning growth.
Having shifted the coins offshore using the Blockchain network to avoid stifling regulations, they have sensed that sharing the information with Income tax (I-T) authorities could invite as much trouble as hiding it.
The services sector can emerge as the key driver and inflationary pressures should soften further going ahead, the ministry said in its Monthly Economic Review released Friday.
Recent data from exchanges and other crypto companies in India provides a glimmer of hope. It is reported around 20 per cent of crypto investors in India are women, but the numbers still show a significant gender gap.
The shares were sold at an average price of Rs 2,306.18 apiece, taking the transaction value to Rs 427.99 crore.However, the buyer(s) of the shares could not be ascertained.As of the June quarter, Great Terrain Investment Ltd held a 23.74 per cent stake in CAMS, a shareholding pattern showed.CAMS shares fell by 5.48 per cent to close at Rs 2,250.10 on BSE.
The central government, in consultation with the Reserve Bank of India, has decided to offer a discount of Rs 50 per gram, less than the nominal value, to those investors applying online and the payment against the application is made through digital mode."The nominal value of the bond...works out to Rs 5,197," the central bank said in a statement.
The shares were disposed of at an average price of Rs 335.64 apiece, valuing the transaction at Rs 453.16 crore.Meanwhile, Morgan Stanley Asia Singapore Pte picked up the shares of the company.As of the June quarter, CDC Group plc, which is one of the public shareholders of IIFL Finance, owned 1.35 crore shares, amounting to a 3.56 per cent stake in the company, the shareholding pattern showed.
The Reserve Bank sold a net of $3.7 billion in the spot market and $18 billion in the forward market in June according to the latest data released by the Reserve Bank of India.