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The supermarket chain will lift wages to 12.60 but expects costs to increase after Budget measures.
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News and Media
On Friday, the Supreme Court will hear arguments over a law requiring TikTok to break ties with its Chinese-based parent company, ByteDance, or face a U.S. ban.
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News and Media
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according to Gavekal Research. Analysts Udith Sikand and Tom Miller noted that a larger depreciation of about 10%, bringing the rupee to 95, is "not out of the question." They also mentioned that the authority faces the challenge of lowering interest rates without triggering a more significant currency decline.
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News and Media
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