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Mirae Asset's Siddhant Chhabria anticipates a multi-year consumption upcycle in India, fueled by easing inflation, tax reliefs, and a rural rebound. The fund is overweight on consumer discretionary stocks, expecting them to outpace staples due to faster growth potential and margin recovery. He highlights the potential impact of the 8th Pay Commission and tax benefits on discretionary spending.
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News and Media
The U.S. dollar weakened as President Trump struggled to gain support for his tax bill, and concerns arose about potential U.S. intervention for a weaker dollar. Trade war developments slowed, impacting currency markets, while rising U.S. Treasury yields and a Moody's downgrade contributed to a "sell America" sentiment. Analysts suggest the U.S.
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News and Media
The company pauses its "retention scheme", which pays out cash to top executives linked to its rescue loan.
Category:
News and Media
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