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Indian stock markets might experience a downturn this week. This follows US strikes on Iranian nuclear sites, escalating Middle East tensions. Rising oil prices and potential Strait of Hormuz closure could negatively impact market sentiment. Investors are closely watching Iran's response. The Nifty and Sensex previously rebounded, but this new development threatens that recovery.
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The world's second largest economy is both the biggest producer and buyer of EVs.
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Plans to slash energy bills by up to 25% for over 7,000 UK businesses will be announced alongside other plans to boost growth.
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