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Positive signals from high-frequency indicators paint an optimistic picture for growth in the September quarter. Nevertheless, Reserve Bank of India Governor Sanjay Malhotra has urged caution for the latter half of FY26, highlighting concerns over the repercussions of US tariffs.
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Homes asked to use less electricity as network is overloaded by the rush to wind and solar power.
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The Institute for Fiscal Studies says Reeves needs to find 22bn to make up a finance shortfall.
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