CBDCs are fiat currency in code. They can be programmed for specific use-cases and leveraged for delivery of government benefits and financial inclusion, address concerns around inclusion errors, and strengthen regulation to counter money laundering and terrorist financing.
"Due to outbreak of Covid-19 pandemic and consequent national lockdown, the operations of the holding company during April-September 2020 were considerably affected. However, since then, the impact has significantly reduced as is evident from the physical performance during April-September 2021," the company said in a BSE filing.
"We are getting good bookings in all the fields. We are doing new experiments in the deluxe segments and have been very successful. Very soon if everything turns out to be normal, our luxury tourism will also be back."
November traditionally has started a bullish period for U.S. equities. Since 1945, the S&P 500 has climbed an average of 6.8 per cent in the November-through-April period, the highest average change for any rolling six-month span, compared with an average 1.7 per cent gain from May through October, according to Sam Stovall, chief investment strategist at CFRA.
In a report to clients late Friday, economists led by Jan Hatzius said the Fed will raise its benchmark from a range of zero to 0.25 per cent soon after it stops tapering its massive asset-purchase program.
Gold price, which had touched a peak of Rs 56,000 level, on Saturday was ruling over Rs 49,200 per 10 grams level in the country.
According to Motilal Oswal Financial Services note, bullion have been in a consolidation mode from last Diwali to this Diwali, and in the past few months have witnessed some choppiness amidst volatility in US Dollar and bond yields.
Total income during July-September of FY22 rose to Rs 4,880.29 crore, as against Rs 4,090.87 crore in the same quarter of FY21, it said in a regulatory filing.
A total of 12,177,645 shares changed hands on the counter till time (IST).
The bonds, set to mature in 10 years, bear a coupon rate of 8.11 per cent payable annually.
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