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2025-07-02 14:16:56| The Economic Times

A study reveals that US employers may incur significant costs due to President Donald Trump's tariff policies. JPMorganChase Institute estimates a direct cost of USD 82.3 billion for businesses. Retail and wholesale sectors are particularly vulnerable. These tariffs could lead to price increases, layoffs, or reduced profits. The analysis contradicts claims that foreign manufacturers will bear the tariff costs.

Category: News and Media
 

2025-07-02 12:39:11| The Economic Times

GreenEdge Wealth's Digant Haria suggests a technical trading approach for IT stocks due to AI risks and economic uncertainty. While the defence sector shows strong growth, new investors should consider related industries. The paint sector faces challenges with increased competition and slower growth, though the worst may be over, a return to normal economics is still 12-18 months away.

Category: News and Media
 

2025-07-02 12:21:52| The Economic Times

Republican Party is facing internal conflict regarding a tax-cut and spending bill. The House of Representatives will reconsider the bill. The Senate already passed the bill with a narrow margin. The bill is expected to increase the nation's debt. Democrats are against the bill. The bill includes cuts to Medicaid.

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2025-07-02 12:00:40| Chicago Tribune news - Business

Beyond tens of thousands of expected attendees, Chicagos telegenic lakefront and skyline will once again serve as a live backdrop to race cars careening around an urban circuit.

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2025-07-02 10:53:43| The Economic Times

Despite mixed earnings influenced by advanced taxes and GST, market momentum, fueled by liquidity and interest rate changes, is expected to sustain an upward trend. Rohit Srivastava suggests a buy-on-dip strategy, anticipating a move towards all-time highs, particularly in sectors like metals and interest rate-sensitive areas such as autos, realty, and financials.

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2025-07-02 10:11:56| BBC News | Business | World Edition

The bank is set to be integrated into Santander UK which has said there could be job cuts.

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2025-07-02 09:49:24| BBC News | Business | World Edition

A report found that moisture affected parts at a nearby electrical plant that supplies Heathrow with power, causing a fire.

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2025-07-02 08:41:07| The Economic Times

Paras Defence shares surge following a new international order. The company will supply its CHIMERA 200 anti-drone system to French firm Cerbair. The deal is worth Rs 22.21 crore. This order highlights India's growing capabilities in defence technology exports. The company's stock has shown strong performance in recent months. Technical indicators suggest continued strength.

Category: News and Media
 

2025-07-02 08:23:02| The Economic Times

Shares of Inox Wind rose nearly 4% after Motilal Oswal initiated coverage with a Buy rating and a target price of Rs 210. The brokerage cited strong order visibility, robust O&M capacity, and vertically integrated operations as key strengths, projecting a 21% upside from current levels and long-term potential in Indias growing wind energy market.

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2025-07-02 08:10:42| The Economic Times

RITES shares surged over 6% to Rs 296 following the announcement of a USD 3.6 million international contract from African Rail Company. This order involves supplying and commissioning two fully overhauled ALCO diesel-electric locomotives for deployment in Zimbabwe, Mozambique, and Botswana. The project, expected to be completed within 9 months, includes warranty support and technical deployment.

Category: News and Media
 

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