Indian equities have been declining since September due to foreign investors exiting their holdings over concerns about the country’s slowing economy. The Nifty 50 and Sensex are at seven-month lows, with sectors like real estate, energy, and autos experiencing significant declines. This shift marks a stark contrast from last year’s record highs, with analysts viewing the current correction as a necessary adjustment following sluggish earnings and weak economic growth in India’s second fiscal quarter.
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Appeals court lifts blocks on Trump’s orders restricting diversity, equity and inclusion programs
An appeals court lifted a block on executive orders by President Trump seeking to end government support for diversity, equity, and inclusion programs, allowing them to be enforced as a lawsuit unfolds. The court found that the orders could eventually raise concerns about First Amendment rights but ruled that the nationwide injunction was too broad. The orders, which target DEI programs, had been challenged for being unconstitutional and discouraging support for diversity initiatives. Full Article
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