IMF Board should look ‘deep within’ before bailing out Pakistan:
Misri said India’s Executive Director will put forward its position at the IMF Board meeting on May 9. Source
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Pakistan Stock Exchange tanks over 2,000 points after India’s strong
The KSE-100 lost 1,204 points on Wednesday owing to a shift in investors’ stance towards caution amid geopolitical tensions, according to a note by Pakistan-based brokerage Topline Securities’ sales desk. Source
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Gone In 10 Years: Apple Chief Says iPhones Will Be
Apple continues to work on its AI tools and Siri but these comments suggest the company is worried about the future of iPhones. Source
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Dabur India To Discontinue Sale Of Tea, Adult & Baby
The move is part of a broader rationalisation initiative to eliminate underperforming segments and channel resources toward higher-growth opportunities, says CEO Mohit Malhotra during an investors’ call. Source
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Reliance Industries shares jump nearly 4% post earnings announcement
Reliance Industries stock soars 4% after reporting 2.4% rise in Q4 net profit, becoming top Sensex gainer. Source
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Elon Musk Shares “Real-Time” Dance Video Of Tesla’s Optimus Robot
Optimus, Tesla’s humanoid robot, can dance like a human, a new video shared by CEO Elon Musk shows. Source
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From passive index funds to thematic ETFs: These NFOs are
As of May 13, 2025, several mutual fund houses have new fund offerings (NFOs) open for subscription. These schemes span various categories, including equity, hybrid, commodity, and fund of funds. Below is an overview of the NFOs currently available: Source
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Why Students Prefer UK, Canada, Australia Despite Changes In Visa
Study Abroad: These countries are home to the world’s top-ranked universities, offering skill-based, advanced education and excellent job prospects. Source
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Adani ends tie-up with China-based lounge access provider DragonPass
India Business News: NEW DELHI: The Adani Group has ended its partnership with Chinese company DragonPass, which is a platform offering airport lounge access service. Adan. Source
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Debt funds are back: Double-digit returns, policy tailwinds spark fresh
The strong showing in the debt market is closely tied to the Reserve Bank of India’s recent monetary policy decisions. In a bid to support growth amid global uncertainty and softening inflation, the RBI has cut the interest rates twice in 2025 (25 basis points each) bringing the repo rate down from 6.5% to 6%.…
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