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Japanese Prime Minister Sanae Takaichi highlighted export benefits from a weaker yen, contrasting with Finance Minister Satsuki Katayama's intervention threats. While Takaichi sees opportunities for industries like food and automobiles, the yen's decline fuels inflation and prompts central bank rate hike signals. Investor concerns over Japan's finances are evident as bond yields hit record highs.
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News and Media
Indian stock markets anticipate a positive opening today. Investors await the federal budget presentation for insights into government spending and support for export sectors. The budget aims to balance growth initiatives with fiscal discipline. Expectations are for measures to boost domestic manufacturing and rural demand. This could provide a much-needed boost to equities after a challenging start to the year.
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News and Media
ITC's market value has dropped significantly following a recent tax hike on cigarettes. Investors are now looking to the upcoming Budget for clarity on future taxation. While the core business shows resilience, near-term pressure on volumes and margins is expected. The company's diversified operations offer a buffer against these challenges.
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News and Media
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