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2025-06-11 02:08:49| The Economic Times

Following the Reserve Bank of India's policy rate cut, several banks including HDFC, ICICI, IDFC First, and Kotak Mahindra have decreased fixed deposit interest rates by 10-35 basis points. Public sector banks like Canara Bank and Indian Bank have also adjusted their rates downwards. These adjustments reflect lenders' responses to the lower benchmark interest rates, impacting retail depositors.

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2025-06-11 02:02:04| The Economic Times

Equity mutual funds experienced a dip in inflows during May, falling to 19,013 crore as investors turned cautious amid high stock valuations. Despite this, SIP investments reached a record 26,688 crore. Debt funds saw outflows, while hybrid funds, particularly arbitrage funds, gained traction. Overall AUM for the mutual fund industry increased, driven by market gains.

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2025-06-11 01:07:17| BBC News | Business | World Edition

Spanish ham and olive oil producers are looking at other nations to replace sales in the US.

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