Sensex tumbles 849 points amid widespread selloff; slips below 81,000
Sensex plunges 849 points as U.S. plans 25% tariff on Indian products, global markets in red, oil prices drop. Source
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Corporate insolvency: NCLAT dismisses plea against Nuvoco’s Vadraj acquisition; tribunal
India Business News: The NCLAT has upheld Nuvoco Vistas’ acquisition of Vadraj Cement, dismissing an appeal challenging the resolution plan. The tribunal affirmed the NCLT Source
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US Steps Ahead In Crypto Race With GENIUS Act: What
The US advances in the global digital asset economy with the GENIUS Act, regulating stablecoins and influencing global markets. Source
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‘Aggressive economic leverage’: JD Vance says Trump applied secondary tariffs
International Business News: Vice President JD Vance indicated that Donald Trump employed aggressive economic measures, including secondary tariffs on India, to pressure Russia in Source
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AGCO CEO Highlights Settlement With TAFE On Commercial, Governance, Shareholding
The two sides made public their agreement about a month ago. Source
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Central banks independence debate: ECB’s Lagarde warns subverting Fed could
International Business News: Christine Lagarde cautioned against undermining central bank independence, citing potential dysfunction and instability. Her remarks, delivered amidst Source
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BP Discovers Biggest Oil And Gas Find In 25 Years
BP’s major oil and gas discovery in Brazil’s Santos Basin marks its largest find in 20 years, emphasizing its strategic focus on expanding upstream operations. Source
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Indian lenders account for 50% of Adani Group loans
India Business News: MUMBAI: The Adani group’s dependence on Indian lenders has risen sharply. Domestic banks and financial institutions now account for half of its over R. Source
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Stock markets log gains in line with rally in global
BSE Sensex climbs 329 points on global rally, IT stocks drive markets higher, fueled by Fed rate cut hopes. Source
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Tesla Approves Share Award Worth $29 Billion In ‘Good Faith’
Musk owns a 13% stake in the automaker company and is attempting to position it more as an AI and robotics company amid falling sales in its mainstay auto business. Source
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