Analysts are envisaging a Rs 8-10 per litre fuel price hike as soon as ongoing assembly elections are over. There has been an unofficial ban on fuel price hike in India for over three months now.

Silver also zoomed by Rs 775 to Rs 65,557 per kg on industrial demand, from Rs 64,812 per kg earlier.

The RBI’s push to ensure the durability of the growth recovery is undoubtedly justified given the extent to which the COVID-19 crisis has scarred India’s economy but Nomura believes that the central bank has it wrong when it comes to assessment on inflation.

As per the draft papers, the public issue of Elin Electronics consists of fresh issue of shares aggregating up to Rs 175 crore, and an offer for sale of up to Rs 585 crore by promoters.

U.S. stock futures plunged as much as 2.9% Monday, erasing gains from late last week as speculation that central banks would throttle back on tightening policy gave way to worry that the geopolitical crisis in Europe could slow global economic growth.

“Next year we should be able to get closer to 8% all other things being equal. Beyond that, we will have to see how the fiscal and monetary policy tango continues. So far we have seen both of these being supportive of growth and other things remaining the same, if we do not get into a much prolonged geopolitical tangle or a bigger oil shock, we are on course for a 7% plus growth rate thereafter."

This large number of NFTs are a result of an experiment concocted by Dutch artist Dadara and NFT digital rights management platform RAIRtech to provide immutable blockchain identity.

​​In its initial phase, Tech Mahindra will leverage the opportunities presented by the Metaverse through various use cases including DealerVerse - metaverse-based car dealership, Middlemist - NFT marketplace, Meta Bank - a virtual bank, and gaming center.

At the interbank foreign exchange market, the rupee opened weak at 75.73 against the US dollar. However, it recovered most of its losses to quote at 75.35 at 1530 hrs, down 2 paise from the previous close.

"A close below 16,356 levels shall dissipate the current bullish momentum by resuming the weakness in the index."