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With the Reserve Bank of India giving clear signals of moderating the liquidity surplus in the banking system, policy normalisation has begun in the country, economists from Nomura wrote. On Friday, RBI’s Monetary Policy Committee left key rates unchanged, but said it would discontinue is ‘Government Securities Acquisition Programme’ (G-SAP) for now.

While rising commodity prices are a boon for a few, their volatility and spillover effects are definitely a bane to many, and parts of the market will face the brunt. The widening gap between demand and supply is keeping investors on the edge, as inflationary pressure can slow down the ongoing recovery.

The domestic equity market has formed a broad consolidation range between the 17,950 level on the higher side and the 17,400 level on the lower side. We have maintained that unless Nifty breaches the upper edge or violates the lower edge, the 50-pack will find itself trading within this defined range.

Dr Agarwals operates 100 eye hospitals, of which 86 are in India and the remaining in Africa. It has clinics in Mauritius, Mozambique, Tanzania, Rwanda and Uganda.

"Air India with Tatas could be a phenomenal airline in terms of good quality service and take the airline to its past glory, and that will have an impact on quality of service offered by other low service carriers (read low-cost carriers), if they compete with AI/Vistara for traffic, primarily business traffic," said Ajay Prakash, president of Travel Agents Federation of India.

In 2013, when the then Governor D Subbarao left the reins of the Reserve Bank of India to his successor Raghuram Rajan, his advice to the new incumbent was to be an ‘Arjun’ rather than an ‘Abhimanyu,’ who succumbed to the ‘Chakrayvuh’ in his endeavour to win the epic battle in the Mahabharat.

The National Company Law Tribunal (NCLT) admitted the bankruptcy pleas against Srei Infrastructure Finance (SIFL) and its wholly owned subsidiary Srei Equipment Finance (SEFL) after the central bank referred the two companies to the NCLT’s bench in the eastern metropolis, where Srei is based.

Though Das cautioned that the resurgence of edible oils prices and high global crude oil prices in the recent period, is a cause of concern. "Domestic pump prices remain at very high levels. Rising metals and energy prices, acute shortage of key industrial components and high logistics costs are adding to input cost pressures " Das said.

Reserve Bank of India (RBI) is regularly in touch with financial institutions to gauge any build up in stress whenever it is observed, deputy governor Mahesh Kumar Jain said in a post policy interaction with journalists. Jain was replying to a question on whether the RBI is comfortable with the quality of assets of the financial sector after the moratorium of classification of bad loans due to the Covid 19 pandemic ended last year.

NCLT, which had originally given less than two days to the company to file their reply in the matter, had to settle for two weeks after ZEE approached the National Company Law Appellate Tribunal (NCLAT), challenging the initial order of the tribunal.