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The Indian rupee weakened on Monday. Importers demand for dollars at month-end put pressure on the currency. However, the rupee mostly avoided the impact of a stronger dollar. This was due to a lack of significant outflows. Investors are awaiting U.S. economic data and the Federal Reserve s policy decision. European equities rose, and the euro declined following a U.S.

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Nippon Life India Asset Management (NAM India) announced a 19% increase in profit after tax, reaching Rs 396.1 crore in the June quarter, alongside a 20% rise in revenue from operations to Rs 606.6 crore. The company experienced strong equity net sales and SIP market share, managing an assets base of Rs 7.44 lakh crore.

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This happened because some of these companies issued special one-time dividends or increased their regular dividend payments beyond their usual levels, according to ET reports.

Bharat Electronics Ltd (BEL) reported a strong first quarter for fiscal year 2026, showcasing a 25% year-on-year increase in profit after tax, reaching Rs 969.13 crore. Revenue from operations also saw a rise of 5.2%, amounting to Rs 4,416.83 crore.

Larsen & Toubro is expected to report double-digit YoY growth in Q1 profit and revenue, driven by core infra execution. However, margin compression, seasonal weakness, and muted order inflows could temper overall sentiment.

Robert Kiyosaki warns investors to reconsider traditional assets as Warren Buffett and Jim Rogers sell off stocks and bonds. He stresses holding physical gold, silver, and Bitcoin amid fears of economic collapse and excessive U.S. debt.

Europe signs uneven pact amid US trade pressure

Updated at : 2025-07-28 15:50:01

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The EU lacked the leverage to negotiate on its own terms, facing a stark reality about its global economic clout.

The focus of the U.S.-China meeting in Stockholm is on extending the three-month tariff truce, aiming to prevent another damaging escalation in the trade war between the world’s two largest economies.

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