While the bank had listed a slew of digital-centric innovations to increase product suite and improve customer outreach in its latest annual report signed by outgoing chief executive Nitin Chugh, the new management has put stability as its foremost priority, pushing everything else to the backburner for the time being.

Experts feel the competition to acquire the transco is indicative of strong investor interest in the power transmission sector, which is dominated by public sector companies.

To tap into the festive season that began with Ganesh Chaturthi on Friday, Indian crypto exchanges are ramping up hiring, and planning product launches and large-scale advertising campaigns to add new retail investors.

The former RBI governor said the notion that cryptocurrencies are more reliable than fiat currencies was a little overstretched. There is a limited supply of bitcoins, but that does not give them any value.

Currently LIC, which is governed by a special law, is allowed to transfer 5% of its surplus to the shareholders’ fund. The remaining 95% goes to the policyholders’ fund for paying bonus on eligible life insurance policies. In case of other life insurance companies, which are regulated through the Insurance Act, the permissible allocation is in the ratio of 90:10.

“The next couple of months or perhaps maybe the next couple of quarters will be good for India. We will be moving from pent-up goods demand to pent-up services demand. ”

The Godrej group firm is focusing on becoming a fully comprehensive home and personal care company and it is also expanding its reach in the rural areas, where it has added 30 per cent new stockists after the pandemic.

The present technical setup indicates that the markets may remain range bound and may consolidate a bit in a broadly defined range. This is likely to keep the markes stock-specific in nature. The fresh up move shall occur only if the Nifty moves above 17450-17500 zone in a convincing manner. Until this happens, the index will continue to consolidate.

In the grey market, Ami Organics is commanding a strong premium of Rs 150-155 per share, over the price band of Rs 603-610 apiece. However, Vijaya Diagnostics Center is trading at a discount of Rs 15-20 as against the price range of Rs 521-533.

The former RBI governor said the notion that cryptocurrencies are more reliable than fiat currencies was a little overstretched. There is a limited supply of bitcoins, but that does not give them any value.