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The UK and India reaffirmed their commitment to a stronger partnership in 2025 after a year of political shifts and economic milestones. Following UK elections that brought a new Labour government, FTA negotiations were relaunched. Key events included Tata Steel's green transition, Bharti Global's BT investment, and discussions around extradition and migration.
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Equity mutual funds have offered negative returns in the last week upto 6%. Sectoral and thematic funds dominated the list of negative performers. Here are 10 worst performers. (Source: ACE MF)
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Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve's projected slower rate cuts. Heavy selling in financial and IT stocks pushed the Sensex down 1.5% and Nifty 1.52%, as foreign funds flowed out. European markets also declined, while US stocks rebounded slightly after a positive inflation report.
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