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The Indian rupee is facing pressure from significant foreign portfolio outflows. Other factors like IPOs and rising gold imports are also increasing dollar demand. The Reserve Bank of India is managing the currency's movement, acting as a speed breaker. Global rate shifts are influencing corporate borrowing. The rupee's future depends on global flows and external factors.
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News and Media
The Russian leader's comments come as U.S. President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner are set to meet with Ukraine's lead negotiator, Rustem Umerov, on Thursday in Miami for further talks, according to a senior Trump administration official who was not authorized to comment publicly and spoke on the condition of anonymity.
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Luxury car prices: Luxury is slippery to define when you can spend $42,000 on a Mercedes-Benz or $114,000 on a Ford pickup truck. In a world of tailored cashmere socks and gold-plated toothbrushes marketed as luxury experiences, the term has become so ubiquitous, it has almost lost all meaning.
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Surveys indicating a historic shift away from drinking, steep declines in alcohol sales, and falling drinking rates among young people have all fed a debate in recent years about whether drinking might be in long-term decline, especially in the key U.S. market. Possible drivers include a trend towards healthier lifestyles.
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News and Media
Markets anticipate a US Federal Reserve rate cut next week, with equities and bonds showing enthusiasm. Gold and oil are seen as attractive investments due to supportive fundamentals and global economic momentum. Currency movements, particularly the yen and rupee, will significantly influence equity market performance, with stability crucial for new highs.
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News and Media
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