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Companies said sales would have been much better in a consistent supply situation. Demand is more for premium products such as high-end smartphones, large-screen televisions and larger refrigerators, leading to all-time high Navratri sales of electronics and smartphones.

While petrol price in most of the country is already above Rs 100-a-litre mark, diesel rates have crossed that level in a dozen states including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka and Leh.

The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter.The regulator isn’t likely to block the products from starting to trade next week, said the people, who asked not to be named while discussing the decision.

In the past week, crypto lender BlockFi Inc. and Cathie Wood’s Ark Investment Management have put their names on applications for futures-backed Bitcoin ETFs, a structure that Securities and Exchange Commission Chairman Gary Gensler has hinted that he’d be open to. Meanwhile, Valkyrie Investments updated its futures-backed ETF prospectus with the ticker BTF on Wednesday -- typically a sign that an issuer is nearing launch, according to Bloomberg Intelligence’s Eric Balchunas.

If regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supply chain bottlenecks that have weighed down the U.S. economic recovery from the pandemic, analysts and investors said.

The DoT, in an official statement , said “a total of 31 companies, comprising 16 MSMEs, 15 non-MSMEs, (8 domestic and 7 global companies) have been given approval,

Freshpik offers fruits and vegetables as well as essential ingredients for international cuisines.

The domestic equity market is expected to sustain its bullish momentum next week, as investors remain uninhibited by softness in global markets. The strong beginning to the September quarter earnings season has improved confidence among investors and speculators alike, but analysts said the earnings momentum will need to sustain in order to replicate this week’s move.

Vodafone’s tax demand in the tax dispute was validated under section 119, as distinct from the others and therefore a separate set of rules had to be notified. Conditions, prescribed under these rules, are akin to the ones issues earlier. The company will have 45 days to file its application to settle its tax dispute.

" There is an effort to liberalize FPI debt flows further with the introduction of the Fully Accessible Route (FAR) which places no limit on non-resident investment in specified benchmark securities" said Rabi Shankar at the Foreign Exchange Dealers’ Association of India (FEDAI) Annual Day. " The move is unambiguously towards an eventual unfettered access for non-residents into Government securities".