Federal Reserve Chair Jerome Powell gives testimony to U.S. lawmakers saying that the central bank is in no rush to cut rates until policymakers are convinced that they have won their battle over inflation; SEBI has launched a settlement scheme for entities trading high-risk stock options on the BSE, entities involved in reversal trades between April 1, 2014, and Sept. 30, 2015, can settle pending proceedings; Gold prices hit life highs overnight before cooling marginally; Moody's Investor Service has affirmed Tata Motors's credit ratings with a positive outlook on the belief that a planned demerger in the company will deliver growth...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.