Foldable smartphones have often promised the future, but compromises around battery life, durability and visible screen creases kept them from feeling truly mainstream.
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US markets pulled back sharply on Tuesday as investors reacted to sticky inflation data and renewed geopolitical concerns, halting a strong rally that had pushed equities close to record highs in recent weeks.
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Asian equities declined for a second consecutive session on Wednesday as the recent rally in semiconductor stocks lost momentum and investors reacted to hotter-than-expected inflation data from the United States.
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Indian markets are likely to remain volatile on Wednesday, with investors closely tracking a packed earnings calendar and major corporate developments. Companies including Bharti Airtel, Hindustan Petroleum Corporation, LIC Housing Finance, Oil India, Tata Motors and TVS Motor Company are set to remain in focus ahead of their quarterly earnings announcements.
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Indian benchmark indices are likely to open on a positive note on Wednesday, with the GIFT Nifty trading 0.26 per cent higher in early indications despite continued weakness across major Asian markets.
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C Joseph Vijay is preparing for a crucial confidence vote in the Tamil Nadu Assembly, with the newly formed Tamilaga Vettri Kazhagam government appearing to have enough support to comfortably survive the floor test.
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