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JPMorgan Chase CEO Jamie Dimon has mandated five days work from office from this month. He believes in-office work fosters better innovation and culture. Dimon addressed students at Stanford University about the importance of office presence, especially for younger employees, and emphasized the limitations of remote work for maintaining learning and growth.
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Shares of steel companies like NMDC Steel and SAIL surged up to 7% after the Directorate General of Trade Remedies recommended a 12% safeguard duty on certain steel imports to curb the influx. The DGTR suggests this temporary duty for 200 days to protect the domestic industry from serious injury.
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Assuming that market returns in the long run track earnings growth, Indian markets offer an attractive risk-reward if return expectations are 9-12%.
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News and Media
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