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International Monetary Fund cuts India's GDP growth forecast to 7% for fiscal year 2019-20

The growth is expected to rise to 7.2 per cent points in FY21, down by the projected growth rate of 7.5 in the earlier report.

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Huawei first-half revenue up about 30% despite US ban

The United States has put Huawei on an export blacklist citing national security issues.

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Oil slips to around $63 as Iran concerns fades for now

On Tuesday, Brent crude fell 40 cents to $62.86 a barrel by 1052 GMT.

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Sensex, Nifty close lowest since mid-May, financials hurt most

The broader NSE Nifty ended 0.13% lower at 11,331.05, while the benchmark BSE Sensex closed down 0.13% at 37,982.74.

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US sanctions Chinese oil buyer over alleged Iran violations

It comes amid increased tensions between Iran and the West as well as between the United States and China, which have been engaged in a major trade war.

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Microsoft to invest $1 billion in San Francisco-based OpenAI

OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam Altman, Peter Thiel and LinkedIn co-founder Reid Hoffman, among others.

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Nifty, Sensex close lower as HDFC Bank drags

The broader NSE Nifty ended 0.64% lower at 11,346.2, while the benchmark BSE Sensex closed down 0.8% at 38,031.13.

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Most Asian markets fall as traders consider Federal rate cut

Oil prices extended last week's gains after Iran seized a British tanker in the Gulf, fuelling fresh concerns about supplies and possible conflict in the tinderbox Middle East.
 

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Shares blast off as 'China's Nasdaq' debuts

Anji Technology, a solar energy battery manufacturer, closed morning trade up 415.44 per cent at 202 yuan after earlier soaring as high as 520 per cent. 

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Sensex sheds over 250 points as equity indices open in red

At 10:30 am Sensex is trading 249 points, or 0.65%, lower at 38,088.

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Reliance mobile operator Jio to focus on subscriber numbers not tariffs: Report

Its strategy is aimed at prolonging the pressure on rivals such as Bharti Airtel and Vodafone Idea, whose revenue and profits have plunged since the launch of Jio.

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Air France, Emirates maintain Cairo flights after British Air suspension

International Airlines Group's British Airways suspended flights on Saturday for seven days "as a security precaution" as it reviews security at Cairo airport.

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Current account deficit to print at $16-17 billion in Q1 FY20: ICRA

Such factors in addition to the threat imposed by global trade wars as well as sluggish domestic demand are likely to restrict the overall growth of both merchandise exports and imports to low…

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China Southern Airlines to receive $4 billion capital injection

The Guangdong Hengjian Investment Holding Corporation, the Guangzhou Urban Construction Investment Group and the Shenzhen Penghang Equity Investment Fund will each inject 10 billion yuan into the…

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Rating agencies knew of stress at IL&FS, but gave good ratings: Report

Audit firm Grant Thornton was appointed by IL&FS' new board to conduct the review following the government's decision to take charge of the group after its defaults on debt obligations sparked…

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