Days after Prime Minister Narendra Modi appealed to citizens to avoid buying gold for a year, the Centre has announced a major increase in import duty on gold and silver.
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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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Copper prices remained close to record highs on Tuesday, with the benchmark London Metal Exchange (LME) contract trading just below the $14,000-per-tonne level as tightening supply conditions and renewed optimism around industrial demand continued to support the rally.
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Indian equity markets remained under heavy pressure on Tuesday as rising geopolitical tensions between the United States and Iran, soaring crude oil prices and a sharply weakening rupee triggered widespread selling across sectors.
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Whoop has announced a major expansion of its health and fitness platform, introducing several new AI-powered features aimed at delivering more personalised wellness insights to users.
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