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Coal India is expected to post a stable performance in the March 2025 quarter, with flat revenue and modest growth in profitability aided by improved e-auction realisations and cost discipline. The companys net profit is expected to grow by an average of 4% YoY, while revenue is likely to remain largely unchanged compared to the year-ago quarter.
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Brent crude futures gained 37 cents a barrel, or 0.6%, to $62.52 a barrel by 1215 GMT, while U.S. West Texas Intermediate crude was at $59.53 a barrel, up 44 cents, or 0.74%.
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U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's top economic official in Switzerland this week, U.S. officials said, in what could be the first step toward resolving a trade war disrupting the global economy.
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