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Sacheerome's IPO opens on June 9, aiming to raise Rs 61.62 crore through a fresh issue of equity shares, with listing on NSE SME platform tentatively set for June 16. The company, specializing in fragrances and flavors, plans to utilize the IPO proceeds for a new manufacturing facility and general corporate purposes, following a year of revenue growth and profitability.
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China's producer price deflation worsened in May, hitting a near two-year low, while consumer prices continued to decline amid trade tensions and a housing slump. Uncertainties from the U.S. tariff war and weak domestic consumption have fueled expectations of further policy stimulus. Cooling factory activity and cautious household spending are impacting the economy.
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After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. His press secretary, Karoline Leavitt, "We want China and the United States to continue moving forward with the agreement that was struck in Geneva."
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