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According to Sandip Sabharwal, the proposed US remittance tax is the primary concern for Indians, potentially affecting remittance flows and increasing costs for the Indian diaspora. He believes bond yields are not a major issue for India unless a default crisis arises, noting divergent trends globally.
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News and Media
On Thursday, both gold and silver ended lower in domestic and international markets. Gold June futures settled at Rs 95,536 per 10 grams, down 0.07%, while silver July futures closed at Rs 97,796 per kilogram, losing 0.46%.
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HFCL Q4FY25 results showed a net loss of Rs 81.4 crore due to weak optical fibre cable demand. Despite challenges, HFCL expects 2530% revenue growth in FY26, driven by full capacity utilisation and defence segment contributions. The company also announced a 10% dividend and a new senior appointment in international sales.
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News and Media
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