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Indian bond markets saw stable yields due to RBI’s liquidity infusion. Despite elevated money market yields, another rate cut is expected. Investors are advised to allocate to Short Term/Corporate Bond Funds. Geopolitical and macroeconomic uncertainties continue to influence global bond markets.
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The ongoing market correction has exposed weak corporate governance practices in several companies, leading to sharp declines in stock prices.
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Hindustan Unilever (HUL) gains CCI approval to acquire the parent company of beauty and personal care brand Minimalist, Uprising Science, for Rs 2,955 crore. HUL will acquire 90.5% of the shares initially, with plans for the remaining 9.5% within two years. The Minimalist team will manage the business for the next two years.
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As gold trades at elevated levels, investors are faced with a crucial decision: should they book profits or continue holding?
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