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‘We're the best credit’: Trump calls for lower US interest rates after first Fed hike in 3 years

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The Federal Reserve has set a new target range by increasing its benchmark interest rate, marking its first hike since 2023. President Donald Trump has called for a substantial reduction in interest rates, advocating for lower borrowing costs given the country's robust credit status. However, officials have stated that ongoing inflation remains a significant factor driving this adjustment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/t9P2SGu >
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Govt lowers export levies on petrol, diesel and aviation turbine fuel amid fortnightly review

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India's government has reduced export levies on petrol, diesel, and aviation fuel. The revised rates for these petroleum products took effect from September sixteenth. Export duty on petrol decreased by one rupee to zero point five rupees per litre. Diesel export levies were lowered by five rupees to twenty rupees per litre. These changes reflect a reversal of higher rates implemented earlier this month. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/uPAqs9M >
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US Federal Reserve chair Kevin Warsh-led FOMC hikes interest rate to 3.75-4% range; first time since 2023

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The US Federal Reserve's hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UCjLEBh >
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Top banks to get lion's share of UPI fees

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ug19zFw >
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Tata Group stocks soar after RBI listing decision

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Amid Renewed Buzz Around Tata Sons' IPO, Stocks Shine On Gloomy Day On D-St from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FHQkJr0 >
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Hear us first if Tata Sons files any plea: RBI caveat in HC

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Sm7QlDy >
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Essar arm to buy UK fuel retailer for nearly $550 million

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Mq1WU3b >
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