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2025-06-24 03:03:29| The Economic Times

Global shares surged and the dollar weakened following reports of a ceasefire agreement between Iran and Israel, brokered by U.S. President Trump. Oil prices plummeted as concerns over supply disruptions eased, boosting risk assets. The yen and euro gained due to their reliance on oil imports, while U.S. Treasury yields rose slightly amid shifting expectations for Federal Reserve rate cuts.

Category: News and Media

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2025-06-24 02:48:57| The Economic Times

Donald Trump facilitated a ceasefire between Israel and Iran. This happened after discussions with Benjamin Netanyahu. Trump's team contacted Iranian officials. Israel agreed to the ceasefire if Iran stopped attacks. Iran indicated it would follow the agreement. JD Vance, Marco Rubio, and Steve Witkoff were involved in the US contact with Iran.

Category: News and Media

2025-06-24 02:34:00| The Economic Times

Kalpataru, a Mumbai-based real estate developer, is set to launch an IPO to raise 1,590 crore for debt repayment, diluting promoter stake to 81.3%. The company's revenue and margins have improved, with reduced unsold inventory and shorter overhang days. While higher costs previously impacted the bottom line, Kalpataru has started reporting profits in the recent nine-month period ending December 2024.

Category: News and Media

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