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White ​House economic adviser ​Kevin Hassett told CNBC on ‌Monday ⁠that he ⁠expects ​increased productivity in the ​U.S. economy will allow ​the ⁠Federal Reserve to ‌lower ​interest ​rates.
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Wells Fargo Investment Institute downgraded its rating on ​the S&P 500 ​energy sector to “unfavorable”, citing what it ​said were limited prospects for a sustained oil-price risk premium despite the ongoing conflict in the Middle East.
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Amid rising tensions, the United States and Iran are embarking on discussions to mitigate their enduring hostilities. In a bold stance, Iran has turned down a limited ceasefire, calling for a definitive cessation of all military engagements. Proposed solutions revolve around addressing regional skirmishes, ensuring safe transit in the vital Strait of Hormuz, and alleviating...
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The Reserve Bank on Monday said the investment limit for foreign portfolio investors in government securities through the general route will remain unchanged at 6 per cent of the outstanding stocks of securities for 2026-27.
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Nifty extended its winning streak, forming a bullish pattern with improving sentiment. Analysts see upside toward 23,400 levels, supported by RSI strength. Experts recommend stocks like Granules India, Bank of Baroda, and Adani Green, citing breakouts, rising volumes, and positive technical indicators.
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India’s National Stock Exchange ​will launch exchange-traded ​derivatives based on Platts ​oil price benchmarks through a collaboration with S&P Global Energy, the bourse said on ‌Monday.
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Goldman Sachs’ private credit fund disclosed on Monday that investors sought ​to repurchase just under 5% of shares in the first quarter, setting it apart from the rest of the industry that is struggling with a surge in redemptions.
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Neurocrine Biosciences will acquire rare-disease drugmaker Soleno Therapeutics for $2.9 ​billion in cash, the companies said on Monday, marking the neuroscience-focused drugmaker’s expansion into metabolic disorders.
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Wells ​Fargo Investment Institute said on Monday it ​no longer expects the U.S. Federal Reserve to cut interest rates in 2026, citing uncertainty around inflation and heightened geopolitical ‌risks tied ⁠to ⁠the Middle East war.
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U.S. services sector growth slowed in March, while prices paid by businesses for inputs climbed to near a 3-1/2-year high, an early sign that the prolonged war with Iran was boosting inflation pressures.
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