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The president said the levy will apply to "any country aligning themselves with the Anti-American policies of Brics".
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Mahindra Manulife is launching a BFSI sectoral fund, capitalizing on India's demographic dividend and financialization of savings. The fund aims to leverage both cyclical lending rebounds and secular growth in non-lending businesses like insurance and asset management. Valuations in PSU banks are attractive, and capital market intermediaries offer growth potential as India transitions to a nation of investors.
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The US president and Tesla boss were close allies before a dramatic falling out in recent weeks.
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