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2025-04-10 06:04:26| The Economic Times

Global billionaires gained $135 billion after Trump announced a 90-day tariff pause for most nations, sparking a historic Wall Street rally. The "Magnificent Seven" stocks surged, boosting top tech leaders' net worths. However, US-China tensions worsened with mutual tariff hikes and restrictions on American firms.

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2025-04-10 04:59:03| The Economic Times

Nearly 97% of equity mutual funds delivered negative returns in 2025 so far, with only 18 out of 541 schemes posting gains. The worst performers include funds from Nippon India, Samco, and Shriram. International and tech-focused schemes were among the hardest hit during the JanuaryApril 8, 2025 period.

Category: News and Media

2025-04-10 04:24:45| The Economic Times

TCS is expected to post a second consecutive weak quarter with a 0.7% drop in dollar revenue for Q4 FY25, amid delayed client spending, cross-currency headwinds, and BSNL project rampdown. Despite subdued growth, a weaker rupee and improved efficiency may support margins, while investors await the company's outlook on recent US tariff moves.

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