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The International Monetary Fund has increased India's economic growth forecast for the fiscal year 2026 to 6.6 percent. This positive outlook comes despite recent US tariffs on Indian goods. India is projected to achieve the highest growth rate among advanced economies, emerging markets, and developing countries for the current and next fiscal years.
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LG Electronics India debuted on Indian bourses with a 50% premium, surpassing its Korean parent in market value. Analysts suggest booking profits on listing gains, with potential re-entry opportunities after Q2 results, especially on dips towards 1,600-1,630.
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The automaker is investing more than $600 million to reopen the Belvidere plant and expand production of the Jeep Cherokee and Compass.
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