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Israeli Prime Minister Benjamin Netanyahu vowed on Thursday that there would be no Palestinian state, speaking at a signing ceremony for a major settlement project in the occupied West Bank. All of Israel's settlements in the West Bank, occupied since 1967, are considered illegal under international law, regardless of whether they have Israeli planning permission.
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Austere Systems' IPO received massive subscription. The shares are ready to debut on the Bombay Stock Exchange SME platform this Friday. The IPO was booked 1,077 times. It is one of the most sought-after small-cap issues. The IPO will fund capital expenditure and general corporate purposes.
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Wall Street's main indexes achieved record-high closes, propelled by gains in Tesla and Micron Technology. U.S. inflation and jobless data have strengthened expectations for a Federal Reserve interest rate cut this month. The S&P 500, Nasdaq, and Dow all reached new peaks, with materials and healthcare sectors leading the gains.
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A recent Israeli strike in Qatar has sparked anger among Gulf leaders. Saudi Arabia and UAE are united in condemning the attack. They view it as a violation of international norms. The incident raises concerns about US commitment to regional security. This could complicate efforts to expand Abraham Accords. It may also affect countering Chinese and Russian influence.
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Indian banks are projected to reduce dividend payments in fiscal year 2026 due to squeezed profitability from slowing loan growth, according to S&P Global Market Intelligence. The total dividend payout of 12 major banks is expected to decline by 4.2% to $5.98 billion. HDFC Bank and Bank of Baroda are anticipated to cut dividends, while SBI's payout will remain stable.
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