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Gautam Duggad suggests that Indian stock markets are reacting steadily to tariff impacts, with financials and IT remaining stable. Earnings growth will be driven by domestic economic factors and a shift towards consumption-focused policies. Smaller sectors like EMS and cement are projected to lead earnings, while large sectors face limited growth.
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China questioned Nvidia about security concerns with its H20 AI chips. The Cyberspace Administration of China cited location tracking and remote shutdown risks. This follows improved trade talks between the US and China. The H20 chip, once banned, was recently cleared for sale. US lawmakers worry about China's AI and military advancements.
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Ten flights to and from Heathrow were cancelled on Thursday, on top of some 150 across the UK on Wednesday.
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News and Media
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