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Child care professionals, parents, Democratic Gov. JB Pritzker and other local leaders expressed horror Wednesday after the federal government announced that it would freeze about $10 billion in funding for child care and family assistance programs in Illinois, California, Colorado, Minnesota and New York.
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News and Media
Indian banks anticipate strong profitability in the third quarter. Falling deposit rates and Reserve Bank of India's liquidity measures will support net interest margins. Credit growth remains robust, especially for large lenders. Stable asset quality and fee income will also contribute positively. Analysts foresee steady margins and improved profitability driven by loan growth and lower credit costs.
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Bharat Coking Coal plans a 1,071 crore Offer for Sale, reducing Coal India's stake to 90%. The company is poised to benefit from rising steel demand and is expanding its operations with new washeries. Despite strong growth, investors should note customer concentration and longer working capital cycles, alongside the long-term impact of renewable energy.
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News and Media
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