Stock market outlook: Nifty slips 0.53% for the week; further consolidation expected

The Nifty experienced a mild correction this week, trading in a downward consolidation pattern and closing negative. The trading range spanned 485 points, from 26,178.70 to 25,693.25.Despite the Federal Reserve’s supportive 0.25% rate reduction and a pause in breadth deterioration, the index encountered resistance near recent peaks. The India VIX dropped by -2.01% to 10.11,…

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Boost for Makhana sector! Government holds first meeting; Rs 476-crore scheme for expansion rolled out

In a major push for India’s makhana sector, Union government approved a multi-year development programme with an outlay of Rs 476.03 crore for the six-year period from 2025-26 to 2030-31. The scheme, rolled out on Friday, aims to mordernise and expand the ecosystem. Ministry of agriculture and farmers welfare, said in an official release, that…

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India-China ties: New Delhi eases entry norms for Chinese professionals; to issue visas for shorter period

India has relaxed visa norms for China the two countries take steps to mend relations strained by the eastern Ladakh border standoff in 2020. In its latest push, India will now make entry easier for Chinese professionals visiting for short-term.According to sources cited by PTI, Chinese nationals coming to India for limited durations will no…

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SBI lowers select deposit, lending rates

MUMBAI: State Bank of India has cut rates on select deposits and reduced lending benchmarks. The move follows the 25 bps reduction in policy rate. The revised rates come into effect from Dec 15. The bank has cut the rate on its 444-day deposit from 6.6% to 6.5%.SBI has cut rates on select deposits and…

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Haryana ties up with World Bank to cut pollution

In what officials are calling Haryana’s most ambitious environmental push yet, the state has collaborated with World Bank and created the ‘Haryana Clean Air Project for Sustainable Development’ with a corpus of Rs 3,600 crore to ‘significantly improve’ air quality over the next five years.The proposal includes sweeping interventions, ranging from farm-level enforcement to industrial…

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‘Trillions rolling in’: Why Trump’s massive tariffs haven’t resolved American woes — Inside the windchill economy

US President Donald Trump has often pointed to rising government revenues and sweeping investment pledges as proof that his economic strategy is working. However, many Americans, struggling with rising bills, have failed to see this growth materialising.Critics have also argued that the president is talking past households dealing with day-to-day affordability pressures. The disconnect is…

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