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Philip ​Morris International cut its annual profit forecast ​on Wednesday amid regulatory uncertainty over its Zyn nicotine pouches and rising competition in tobacco products.
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Best Buy on Wednesday named insider Jason Bonfig as CEO, replacing longtime executive Corie Barry, in ‌a leadership change ⁠that ⁠comes as the U.S. retailer grapples with weak consumer demand and tariff-related supply-chain pressures.
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Nithin Kamath said India’s F&O market remains small despite perceptions, with limited participation. A tiny group of 1–2% traders drives 60–70% of volumes, making brokerage revenues highly dependent on a narrow, concentrated investor base.
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India has denied making any payments, in cash or cryptocurrency, to Iran for safe passage of its vessels through the Strait of Hormuz. This clarification follows an incident on April 18 where two Indian vessels were fired upon by Iranian forces and forced to turn back.
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BitDelta India launched as an FIU-registered VDASP, targeting India’s growing crypto market with institutional-grade infrastructure, strong security, and compliance. The platform offers unified INR trading, advanced technology, and aims to drive trust-led participation beyond metro cities.
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Traders placed a series of bets worth $430 million on a drop ​in crude prices just ​15 minutes before U.S. President Donald Trump said he would extend a ​ceasefire with Iran on Tuesday.
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Boeing on Wednesday reported a ​much smaller first-quarter loss than analysts expected, a sign of continued operational recovery at the U.S. planemaker after years of crises that dented its reputation and left it with a mountain of debt.
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U.S. stock indexes opened higher on Wednesday following President Trump’s extension of the ceasefire with Iran. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains at the open. Uncertainty persists regarding adherence to the truce by Tehran and Israel.
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Tata Communications reported a 75% YoY drop in Q4 profit to Rs 259 crore due to absence of one-off gains, despite 9% revenue growth. Higher costs and base effects pressured margins, while the company announced a Rs 17.5 dividend.
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Midcap stocks with P/E ratios above industry averages signal strong growth expectations and investor confidence. However, elevated valuations may also indicate overpricing risks. This list highlights ten such NSE stocks, excluding financials, identified through valuation screening.
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