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The bank raised the rate by a quarter percentage point in August 2021 over concerns about inflation and soaring household debt, driven in part by skyrocketing house prices, and then froze rates for over three years.
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News and Media
Infosys, Wipro and HCL Technologies face high expectations amid investor concerns over a potential market correction. The 2025 financial year is seen as a recovery period for Indian IT firms after a slowdown in US client spending. All eyes will be on upcoming earnings reports and updates on significant projects, especially in AI.
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News and Media
China may implement up to 2 trillion yuan ($283 billion) in new fiscal stimulus to boost its economy, focusing on government bonds and targeting household consumption rather than real estate. Measures may include subsidies, vouchers, and enhanced social safety nets amid persistent economic challenges.
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News and Media
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