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JPMorgan Chase CEO Jamie Dimons annual letter warns of the economic risks from trade tensions, inflation, and rising tariffs, but expresses confidence in the long-term strength of the U.S. economy while urging swift resolution to trade disputes.
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A little unfortunate is that our growth rate in this quarter will be flattish. We are coming out of low growth and this year, full year, maybe we will end up with 6-7% growth rate for Nifty and it can only slowly recover in in this environment.
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The government is considering nationalising the company, which employs some 2,700 people.
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