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Amid escalating conflict between Israel and Iran, countries are scrambling to evacuate their citizens by air, land, and sea. With airspace closures disrupting commercial flights, governments are utilizing land routes through neighboring countries. Bulgaria, China, the European Union, France, and Germany are among those assisting their nationals with evacuations, facing logistical challenges and security concerns in the process.
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News and Media
US equity futures saw moderated declines amidst President Trump's consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and energy-driven inflation posing risks. Brent crude experienced a fall, while the yen strengthened against the dollar, reflecting investor caution.
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News and Media
Indian banks are facing a significant slowdown in earnings growth, potentially halving to 6.5% in FY26 due to a cautious economy and reduced core profits. Muted credit demand, high deposit costs, and RBI's measures to control unsecured lending contribute to this deceleration. However, a rebound to 16.1% is expected in FY27 with anticipated rate cuts and improved demand.
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News and Media
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