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This was closer to 2024's lows of 12.7% on June 4, which was seen at the start of June 2024 during the once-in-five-year mega event of the Lok Sabha election results, said Rajesh Palviya, head of technical and derivatives research at Axis Securities.
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Companies are facing a "pressure cooker" of rising costs and taxes, the British Chambers of Commerce says.
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News and Media
President Joe Biden has prevented Japanese company Nippon Steel from acquiring US Steel due to national security concerns. The move follows warnings from top Japanese officials about the impact on economic ties between the allies. Japanese businesses are expected to continue investing in the US despite this setback, and the decision highlights challenges Japanese firms face in foreign markets.
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News and Media
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