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In March, China reduced its US Treasury holdings, allowing the UK to become the second-largest overseas owner. Total foreign holdings increased to a record $9.05 trillion, despite Trump's trade war rhetoric. While Japan increased its holdings, China's move was seen as a strategy to shorten portfolio maturity rather than abandoning the dollar.
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The Indian cement sector demonstrates resilience with rising prices despite subdued demand, particularly in the South and East regions. Capacity expansions are expected, potentially intensifying competition. UltraTech Cement and JK Cement are recommended as buys, with positive growth outlooks driven by cost efficiencies and strategic expansions, respectively.
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SHRC Chairman Iqbal Ahmed Detho, who led the visits, mentioned about the absence of adequate toilets, improper seating arrangements, a shortfall of beds for patients, and missing supplies of free medicines.
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