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U.S. tariffs on Indian imports, effective August 1, 2025, have sent shockwaves through India's markets. Gold prices soared to record highs, while crude oil and natural gas prices declined amid demand concerns. Base metals experienced volatility, and the rupee weakened against the dollar. India is focusing on trade negotiations and diversification to mitigate the impact, avoiding retaliatory tariffs.
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Many investors start searching the internet for the best or top mutual funds to start investing to create wealth. However, there is no guarantee that the results may offer personal help.
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India's banking sector is witnessing a shift as public sector banks regain market share after a decade, even with moderating credit expansion. While overall loan growth has slowed due to tighter liquidity and regulatory measures, PSBs are outperforming private banks, driven by stronger financials.
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Ashish Singhal, the Co-founder of CoinSwitch and Lemonn, draws parallels between high-intensity sports like Formula 1 and tennis, and the startup world. He emphasizes the importance of precision, preparation, and mental resilience in both arenas. Singhal highlights how split-second decisions, team coordination, and the ability to recover from setbacks are crucial for success in crypto and finance.
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U.S. stocks surged, with the Nasdaq hitting a record high, fueled by tech gains, particularly Apple's 13.3% weekly jump after Trump announced a $600 billion U.S. investment commitment. Rate cut optimism, spurred by weak economic data and Trump's Fed nominee, further boosted markets.
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News and Media
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