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Dr Lal Path Labs, India's largest diagnostics firm by revenue, reported fourth-quarter profit above expectations on Friday as strong demand for its bundled test packages lifted growth amid rising health awareness in the country.
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News and Media
Lakshmi Iyer of Kotak Investment Advisors discusses India's inward-focused economic strategy, fueled by rising rural and urban consumption and supported by the BFSI sector. Despite global growth concerns and fluctuating dollar dynamics, India's bond market remains attractive due to domestic institutional support and potential US rate cuts, with impending global index inclusions further bolstering bond yields.
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As this uncertainty on global trade reduce, that desperation to hide also goes away and that could maybe take away thistemporary Tina which people are feeling about India. But again, a lot of this has a lots of ifs and buts and characters who are difficult to predict in what they would like to do and that is why it is still at least for the next 90 days or whatever is remaining of that 90-day period, it will be a headline driven market.
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News and Media
Pakistan is making another attempt to privatize Pakistan International Airlines (PIA), offering up to 100% ownership and management control with a bidding window open until June 2025. To attract buyers, the government is providing incentives like tax exemptions and balance sheet support after previous attempts failed due to debt concerns.
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News and Media
China, a major plastics producer, might waive tariffs on US petrochemical feedstocks like ethane and LPG if trade talks progress favourably, according to Goldman Sachs. These materials previously had waivers in 2018. The US-China trade conflict has hit China's plastics industry, which relies on US supplies. Trade flows have shifted, with US LPG cargoes being rerouted.
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News and Media
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