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2025-05-12 05:02:30| The Economic Times

Reliance Power reported a consolidated net profit of Rs 126 crore for Q4 FY25, a significant turnaround from the previous year's loss, driven by reduced expenses. The company's full-year profit stood at Rs 2,947.83 crore, accompanied by substantial debt servicing of Rs 5,338 crore.

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2025-05-12 03:42:25| The Economic Times

The dollar's value increased in early Asian trading. This happened after discussions between the United States and China reduced worries about a trade conflict. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer reached a deal with China to lower the U.S. trade deficit. India and Pakistan also agreed to a ceasefire.

Category: News and Media

2025-05-12 03:36:17| The Economic Times

Gold prices experienced a decline on Monday as positive signals emerged from U.S.-China trade discussions, diminishing investor apprehension and consequently reducing the appeal of gold as a safe-haven asset. The U.S. and China indicated progress in trade negotiations, potentially leading to a reduction in the U.S. trade deficit and the establishment of a new economic dialogue forum.

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