New Delhi, April 3 (IANS) Sentiment towards India’s IT services sector has turned more bearish amid rising global uncertainties, although investors remain hesitant to take strong directional bets, a report said on Friday.BNP Paribas India said in its report that while uncertainty has increased, investors — particularly hedge funds — are avoiding clear market calls and are instead reducing exposure by trimming factor-based positions.The report noted that recent volatility, including rapid rev…
Brasilia, April 3 (IANS) Brazilian President Luiz Inacio Lula da Silva on Thursday said he cannot predict when the US-Israeli strikes against Iran might end, but vowed to shield Brazilians from the economic impact of the conflict.In an interview with local television station Record Bahia, Lula da Silva stressed the uncertainty surrounding the duration of the conflict.”The war goes on … The concrete fact I can offer is that we are making every possible effort to prevent the irresponsible war on…
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View MoreNew Delhi, April 3 (IANS) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research.Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27,…
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